Browse FAQs

Business

How do I go forth to get my MIBFA provident fund paid out?

Go to your HR department and request an exit or withdrawal instruction form.

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Can my employer contribute to a retirement annuity on my behalf?

Employers can contribute to employee RAs. See how this might work.

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General

What you need to know about EAC (Effective Annual Cost)

EAC was introduced by ASISA so that customers have one standard with which to measure and compare the total cost of owning and accessing an investment like a retirement annuity

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Why should I invest with an index fund instead of an active fund manager?

Index funds deliver better long-term returns than actively managed funds. In fact, statistics show that only 1 in 5 actively managed funds ever manage to beat the index.

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What is a preservation fund?

A preservation fund is a retirement fund in terms of the Pension Funds Act.

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How long does it take for the fund to pay out the withdrawal benefit?

Provided your tax affairs are in order, and you have submitted all the required documents (such as a copy of your ID, a completed instruction form stating where the money should go, and proof of banking details)...

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Retirement annuity

How do you transfer to the 10X Retirement Annuity fund?

When you withdraw from your current retirement fund, you must complete a withdrawal form, indicating that you wish to transfer your investment to the 10X Retirement Annuity Fund.

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How can we 10X Your Future?

Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.