"Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't, pays it." - Albert Einstein
Time is one of the most important components in wealth creation, especially in retirement provision. The power of compound interest is only realised over the long term.
At LUMENROCK we encourage the use of retirement annuities or pension / provident funds as effective financial and tax planning tools. By structuring your retirement portfolio in one of a host of new generation unit trust based products, we can assist you in achieving inflation beating returns that will leave you smiling when retirement come around.
Through our association with leading pension fund administrators, we are able to offer you the best of breed investment funds, tailored to your personal risk tolerance profile.
The Pension Fund Act makes provision for approved products to enjoy certain tax consessions and protection against creditors. In return, investors are limited in terms of options at retirement, thus ensuring provision is made for income after retirement. We offer the following products to help you make use of the advantages provided for in the act.
Umbrella pension funds
Pension and Provident preservation funds
Upon reaching retirement, a minimum of 2/3rds of the proceeds of approved products, as discussed above, must be placed in one of the following annuities, ensuring sustainable income provision after retirement.
Investment linked life annuities
I am the Managing Director of various legal entities; varying from agriculture to residential and business developments. For the past six years Pieter Esterhuizen has been involved with all, baring one, legal entity. I have always received excellent service from Pieter and I am impressed with his personal knowledge of all spheres of business, as well as his professional and speedy response to quer...
Relationship Executive: Commercial / Absa Retail a
Absa Bank has been associated with LUMENROCK (and previously KSE & Associates) for many years. We are very proud and privileged to be the bankers of a professional group like LUMENROCK – that really adds value to all their customers’ financial affairs. Pieter Esterhuizen has always demonstrated the highest levels of integrity and it is a real pleasure dealing with each and every one at LUM...
Gerrit and Agnes Kirsten
Gerrit and Agnes Kirsten
We would like to thank Jaco van Niekerk for his financial advice and assistance in setting up our retirement options, and are looking forward to a longstanding business relationship with him and LUMENROCK Financial Consultants. We appreciate his honesty and sincerity and the professional way in which everything was done. - See more at: http://lumenrock.co.za/about/client-feedback#sthash.g9udwoyq.d...
Click on badge to rate our business