10X Investments offers 0.7% preservation fund fee for new clients
Updated
Updated · IOL · Apr 28
10X Investments offers 0.7% preservation fund fee for new clients
4 articles · Updated · IOL · Apr 28
The South African offer applies to new 10X Preservation Fund clients signing up between 1 April and 31 May 2026.
10X says workers changing jobs should transfer pension or provident savings into matching preservation funds rather than cashing out, to avoid tax and protect long-term compounding.
The firm says lower fees can materially lift retirement outcomes, citing examples where a 1.8 percentage-point fee gap nearly halves 40-year returns and a 0.5-point gap boosts 20-year outcomes by 10%.
How can job changers truly know if their preservation fund choice will protect them from hidden fees and market downturns over decades?
With so many South Africans withdrawing from their new 'savings pots,' could forced preservation actually deepen financial hardship before retirement?
What options exist for foreign nationals who may face years of waiting to access their South African retirement pots after leaving the country?