Encashment of Retirement Annuity Policies
Did you know that you can now cash out your South African Retirement Annuity Policies immediately before you reach the preservation age and remit the funds to Australia.
Recent changes to SA Legislation now permit Permanent Residents of Australia to cash out their RA Policies in full. (Note RA’s that have been converted to Pension Phase “Living Annuities” cannot be cashed in).
Taurus Professional Services Pty Ltd will provide you with a report (free of charge or obligation) setting out the value of your RA Policies and the costs of cashing out and remitting the funds to Australia.
If you would like to receive a free report or more information contact Gordon Hatch on gordon@taurusfinancial.com.au or call (02) 9411-4161.
Securitor Financial Group Limited is not responsible for advice provided by your Adviser through Taurus Professional Services Pty Ltd.
The information contained in this newsletter is of a general nature only and does not take into account your particular objectives, financial situation or needs. Accordingly the information should not be used, relied upon or treated as a substitute for specific financial advice. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided. Taurus Financial Services Pty Ltd its directors or staff, nor its employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.