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PSG wealth preservation fund review 2022

PSG wealth preservation fund

The PSG wealth preservation fund can be used to preserve a pension or provident fund in a stylish manner by earning interest. The PSG wealth preservation fund gives those who have left a pension fund or a provident fund a place to save and grow their money until retirement.

Money saved in the PSG wealth preservation fund will be invested in underlying instruments years before retirement. The PSG wealth investment platform includes several instruments. There are tens of investment vehicles to pick from, each with its own track record.

A one-time lump-sum deposit can be used to contribute to the preservation fund. It is not possible to contribute to the preservation fund on a monthly basis. Other PSG investment plans, such as the PSG tax-free investment plan, are available for monthly installments.

At the age of retirement, contributions to the PSG wealth preservation fund can be withdrawn. However, depending on whether the preserved funds have been annuitized or not, there are different withdrawal criteria. Interest earned during the investment period will be included in withdrawals.

The PSG wealth preservation fund has various unique requirements and procedures that must be strictly followed. For a deeper understanding of the product, read on to learn about the withdrawal rules and how the fund functions.

PSG Wealth Preservation Fund Summary 

A PSG wealth preservation fund is a platform that can be used to preserve pension and provident fund payouts after the close of such an investment vehicle. The minimum investment that can be deposited into the PSG wealth preservation fund is R20,000.00 or more. 

Contributions to the PSG wealth preservation fund will need to be determined where they come from. Either they should come from a provident fund or a pension fund. Contributions coming from a provident fund will entitle one to be a member of the PSG wealth provident preservation fund. 

Contributions from a pension fund, on the other hand, automatically enrol the account holder in the PSG wealth pension preservation fund. To earn an income, the contribution will need to be invested.

It will be important to invest in one of the PSG wealth investment platform’s instruments. A variety of unit trusts, personal share portfolios, and life portfolios are available as investment alternatives.

Some investment vehicles have restrictions on how much money you can put into them. According to Regulation 28 of the Pension Fund Act, the amount of money invested in offshore assets must not exceed 45% of the entire investment. 

At any time, one can switch between the underlying investments. As a result, one might profit from market performance for a higher return on investment. The cost of investing in the underlying instruments will be incurred.

How the PSG wealth preservation fund work

To transfer a payout from a provident fund or a pension fund to the PSG wealth preservation fund, one has to start by requesting a call back from PSG on their website. PSG will contact you to get started with the application of the account. The account will be applied for over the phone. 

A successful application entails that one has to make a minimum deposit of R20,000.00 or more into the account. The applicant will have to choose which underlying instrument their investment will be made in. Applicants have a number of instruments to choose from and should choose the one that suits their investing needs.

The preservation fund will become operational after contributions and the selection of an investment vehicle. Depending on where the lump sum capital contribution comes from, either one will be a member of the PSG wealth pension preservation fund or the PSG wealth provident fund.

At the age of 55 or older, the cash invested can be accessed. You can still make a withdrawal if you are working at the time. Taxes do not apply to withdrawals from the preservation fund. If a withdrawal is made before retirement, taxation may be imposed. Before retiring, you are permitted to make one withdrawal.

Withdrawals from the PSG wealth preservation fund come with some measures. A member of the PSG wealth preservation pension fund or the PSG wealth preservation provident fund can withdraw the full amount of the retirement of R247,500.00. 

Advantages of the PSG wealth preservation fund

  • Investments have a huge potential to earn interest. 
  • There is an opportunity to make a withdrawal from the investment before retirement. 
  • The minimum investment amount is low. 
  • There are a number of investment vehicles to choose from. 
  • There is no tax payable when transferring existing retirement funds to the PSG wealth preservation fund. 
  • Proceeds from the investment are not taxed. 
  • Money is available when you reach retirement age, whether you are still employed or not. 

Disadvantages of the PSG wealth preservation fund

  • Funds are not protected from divorce. 
  • Money invested in the platform can be lost. 


The PSG wealth preservation fund is primarily for people who are still working and want to protect their current retirement funds. Money invested can grow year after year, with earnings automatically capitalised to offer account holders a high earning potential.

When investing in the product, it’s important to be aware of the risks associated with it. The fact that you can profit from your investment does not preclude the possibility of losing money. It’s a good idea to learn about the underlying asset you’re interested in before you invest.



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