The cure for costly retirement investments
High fees are the probably the single biggest threat to your retirement investment outcome.
Here’s an example.
Let’s assume you’ve got R1,000,000 tucked away in a Retirement Annuity. Traditionally, you’ll be paying about 3% a year in fees, sometimes even more.
That’s an unacceptable R30,000, or more, in fees every single year. Ouch!
The best way to find out exactly what you’re currently forking over is to ask your financial advisor or investment provider for your investment’s Effective Annual Cost (EAC). And if it feels high to you, it’s time to shop around for something better.
OUTvest is unlike traditional investment providers. Their transparent ONEfee model means you could pay much less (as little as 0.45% per year), leaving much, much more of your money to grow.
In the long term, it can make a massive difference.
If you compare OUTvest to the previous example, you’ll pay just R4,960 a year in fees. Yes, over R25,000 more of your money is left to grow.
And, before you ask, the performance of their funds competes well against their peers. They’ve even got advanced tracking and monitoring to help you stay on track until you reach your goal.
And now, there’s never been a better time to switch to OUTvest. That’s because they’re giving you the chance to WIN R100,000 in an OUTvest Retirement Annuity.
To enter, all you need to do is transfer your Retirement Annuity or Preservation Fund to OUTvest (hint: it only takes a few clicks to start and they handle pretty much everything else).
If you happen to be leaving your current employer, you can also transfer your Pension or Provident Fund to an OUTvest Preservation Fund to enter.
Ready to make the switch? Click here.
OUTvest is a licensed FSP. The total cost of ‘traditional investing’ is estimated to be 3% per year. Research on fees was conducted by OUTvest internally. Traditional investing is when you pay an advice, administration and fund management fee. Past performance is not indicative of future performance. Results are provided for illustrative purposes only and are amount and time horizon dependent. All investments are exposed to risk, not guaranteed and dependent on the performance of the underlying investments. Fees may change due to inflation. Ts and Cs apply.
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