Preservation funds: Which one’s the best and why can’t I access my money?

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Preservation funds: Which one’s the best and why can’t I access my money?
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Asset managers have a fund for each likely objective while pension preservation and provident preservation funds have different rules

Q: Please, if you can advise, which is a better preservation fund out of the following: Sanlam, Alexander Forbes, 10X or Allan Gray — S Magagula viaThere are no wrong or right answers to this, but I hope to provide some understanding.

You should also have an option to leave your money with your current retirement fund in the default investment portfolio. A: Craig Gradidge, CFP® and investment and retirement planning specialist at Gradidge-Mahura Investments, responds. Alternatively, the rules of the preservation fund you’re invested in may not allow you to take another withdrawal if you have already withdrawn from the occupational fund.

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