Question:
I apologise if this question had already been asked. Can I transfer my Alexander Forbes preservation fund to my new employer's Old Mutual retirement fund? And, if so, how does this transferal influence my access to the now transferred preservation fund upon resignation?
Answer:
Liza, We've had over 20 000 questions on this website, but no one has asked this question before. You can transfer your preservation fund to your new employer's retirement fund. It then merges with that fund, so you can then access this money in the same way as the other money in the fund (ie without restriction on resignation).