Continue growing your retirement savings
Call Hollard Investments on
0860 202 202 or email
customercare@hollardinvestments.co.za
Visit our secure online portal to invest now or manage your investments.
View our table with the fees charged based on the investment value.
Follow our easy steps on how you can invest with Hollard Investments.
Go to our frequently asked questions to help you with any queries you may have.
Fees and charges
A fee is charged on the value of your investment account as follows:
Investment Value | Initial Fees (excl. VAT)Hollard initial administration fee | Initial Fees (excl. VAT)Transaction fees | Annual Admin Feeif fully invested in 3rd Party Manager Funds – weighted fee. (excl. VAT) | Annual Admin Feeif fully invested in Hollard Prime Unit Trust Funds – flat fee (excl. VAT) |
---|---|---|---|---|
From R0.0 to R1 million | 0% | 0% | 0.45% | 0.25% |
Next R500 000 | 0% | 0% | 0.40% | 0.25% |
Next R500 000 | 0% | 0% | 0.35% | 0.25% |
Thereafter | 0% | 0% | 0.25% | 0.25% |
Hollard initial administration fee
0%
0%
0%
0%
Transaction fees
0%
0%
0%
0%
if fully invested in 3rd Party Manager Funds – weighted fee. (excl. VAT)
0.45%
0.40%
0.35%
0.25%
if fully invested in Hollard Prime Unit Trust Funds – flat fee (excl. VAT)
0.25%
0.25%
0.25%
0.25%
Access the Hollard Prime Fund factsheets, latest and historic unit prices, investment insights, and more.
Find all the forms and documents you’ll need to invest in the Hollard Pension Preservation Plan here.
Invest now by following these easy steps
We will always recommend consulting a qualified financial adviser to guide you in choosing suitable products and portfolios for your specific financial goals and risk tolerance. Comprehensive financial planning goes far beyond choosing a product and encompasses many elements that all work together towards a successful financial outcome.
Ready to invest without the assistance of a financial adviser? Please follow the steps below:
Fax: 011 351 3816
Email: customercare@hollardinvestments.co.za
Find the best Hollard Investment solution for you. Get an online quotation today.
The Hollard Preservation Plan provides a tax-efficient way for you to preserve your existing pension fund retirement savings. Savings are kept in a preservation fund until retirement at which time you will receive a retirement benefit.
The following may be transferred to the plan, subject to the product rules and relevant legislation:
Income tax will be deducted from any benefit taken in cash before it is paid out on withdrawal, retirement, or death, in accordance with income tax legislation. The investment is not subject to capital gains tax, interest income tax, or dividend taxes.
You can choose from a range of Investment Portfolio options. You may select any one or a combination of them and may switch between portfolios at your discretion. It is important for you to monitor and review your investment portfolio selection so that it continues to meet your financial needs.
To protect a member’s retirement benefit, the Pension Funds Act 24 of 1956 contains guidelines that regulate the extent to which a member may invest in certain asset classes. Hollard is required to ensure that each member’s investment complies with these asset exposure limits, which broadly speaking are as follows:
Each Investment Portfolio offered to investors in the Hollard Preservation Plan complies with the Regulation 28 limits.
No, the right to benefits may not be ceded or pledged.
No, due to the nature of the product, you may not cancel and no cooling-off period applies. You may transfer your investment to another approved pension fund or retirement fund.
No, the Preservation fund does not provide a guarantee on the investment value of your investment account, nor does it guarantee the performance of the investment. The market value of the investment may fluctuate at any time. The investor carries the investment and market risk, which may include the possibility of losing capital.
No, you may not make additional contributions to your investment account. You may open multiple investment accounts should you have benefits from separate employer’s pension funds that you wish to preserve.
You are entitled to one full or partial withdrawal benefit prior to retirement. If you have already taken a withdrawal from the benefit when it was being managed within another preservation fund (or if you transferred your benefit to the Hollard Preservation Plan from an employer’s pension fund after retirement age), you will not be permitted to take another withdrawal after transfer to the Hollard Preservation Plan. Income tax will be deducted from the withdrawal before it is paid out.
You may request to retire from the Fund once you have reached the age of 55. You may request an early retirement in the event of permanent disability due to ill health or illness. Early retirement requests are granted at the sole discretion of the Trustees of the Fund.
A maximum of one-third of your retirement benefit may be withdrawn in cash. Tax will be deducted from the withdrawal before it is paid out according to a tax directive issued by SARS. The portion of the benefit, which is not cashed out, at a minimum of two-thirds of the benefit value, must be used to purchase a compulsory annuity from a registered long-term insurer. If the retirement benefit on the date of retirement is R247 500 or less then you may withdraw the entire benefit in cash, you are not required to purchase a compulsory annuity.
Your Hollard Preservation Plan investment does not form part of your estate and will not be governed by your last will and testament. In accordance with Section 37 of the Pension Funds Act, the Trustees of the Preservation Fund have full discretion to award death benefits as they feel appropriate. Dependents will be given preference when allocating the benefit in accordance with legislation, after which nominated beneficiaries and your estate will be considered. The benefit due on the death of the investor is the value of the investment at the time of processing the death claim, less any fees and charges. Each party who has been awarded a portion of the death benefit will receive it in one of the following ways:
Any benefits taken in cash will be subject to income tax.
It is recommended that you appoint a financial adviser to assist you with your pension fund. Hollard Life, in their capacity as the administrator and the manager, doesn’t provide financial advice and may only supply factual or administrative information relating to investment products and portfolios.
Hollard Investments is a part of the privately-owned Hollard Group. Through partnerships and by enabling our clients to create and secure better futures we achieve what is at the core of Hollard Investments’ purpose. We strive for a more efficient and accessible way for your money to get you to where you want to be. We are committed to shared success with financial advisors and investors. We’ve got this, together.