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retirement fundslatest news & developments
Constitutional Court ruled dependency for pension death benefits is determined at the member’s death, not distribution, aiding vulnerable families

The critical timing of dependent status in pension death benefits

Constitutional Court ruled dependency for pension death benefits is determined at the member’s death, not distribution, aiding vulnerable families

File photo by Delwyn Verasamy/M&G

Financial institutions told to improve complaint processes as consumer regret grows

A new study by the Financial Sector Conduct Authority reveals that 67% of customers surveyed expressed buyer’s remorse

The stage was set for two days of innovative and constructive debate

Driving Change in the South African Retirement Sector

Insights from the Institute of Retirement Funds Africa’s Annual Conference

Principal officer, Joe Letswalo, holds the overall winner’s trophy which the Transport Sector Retirement Fund received from IRFA earlier this year. (Photo: IRFA)

A transformative approach to investment

The fund’s investments assist in infrastructure development

Board members of the Highway Junction Truck Stop Mdumiseni Mabaso

Transport retirement fund making its mark

The fund brings stability to people’s lives and to help gear the country and its people for a brighter future

Fiona Reynolds

Institute of Retirement Funds Africa’s (IRFA) conference

Influences that affect the retirement fund ecosystem will be in the spotlight

IRFA vice-president Geraldine Fowler says that in this year’s conference  the existing pensions ecosystem will be explored in detail

You have the power

The need for better retirement outcomes is crucial to the economic growth of Africa and for society as a whole

Fiona Reynolds

Institute of Retirement Funds Africa’s (IRFA) conference

Influences that affect the retirement fund ecosystem will be in the spotlight

Pension fund adjudicator Muvhango Lukhaimane

The theme of the IRFA conference is ‘The Retirement Ecosystem: You Have The Power’

An ecosystem is a complex system of living organisms, their environment and all of their interrelationships in a particular unit of space

Wayne Hiller van Rensburg, Institute of Retirement Funds Africa (IRFA) president

New regulations a step in the right direction

Employers are now obliged to help their employees make the best possible financial decisions upon retirement

Jaco van Tonder

Retirement journey becoming less complex

The default regulations provide more safety and control for retirement fund members

Sam Camilleri, chief executive and principal officer at the NJMPF

Fund employs financial literacy as an instrument of transformation

The NJMPF facilitates educational sessions at road shows, workshops and indabas

Mdumisani Mabaso. (Photo: Clinton Friedman)

Best practices abound in transport sector

The Transport Sector Retirement Fund uses cellphone technology to regularly engage, inform and educate its members

Stephanie Griffiths, external moderator and judge

Awards reflect industry best practices on an international scale

‘Recognising excellent rewards hard work and sets the standard for others’

Awie de Swardt, managing director of Futura SA Administrators

High rate of compliance allows for rapid investment

Compliance with pension payments is high, despite high staff turnover

Puseletso Mbele, investment consultant for the fund and fund manager at Novare Actuaries & Consultants

Investments focussed on enhancing members’ wellbeing

The fund’s investment goal is to enhance returns to members on a sustainable basis

High fees erode your investments (Photo Archive)

High fees erode your investments

New middlemen mean today’s investors are paying more fees than previous generations

At age 42, Abiy is considerably younger than the old guard and, with the sympathy of many protesters, he appears well suited to the task of assuaging the grievances of the country’s neglected groups. (Reuters/Tiksa Negeri)

Call to join quest for financial freedom and security

Retirement industry stakeholders can improve both the country’s retirement and socioeconomic conditions

IRFA vice president Geraldine Fowler

Collaboration necessary to resolve South African savings crisis

Promoting a culture of saving can help to turn the economy around – particularly for African women

(John McCann/M&G)

How not to outlive your cash

Obeying the 4% rule is not always enough to ensure your savings last through retirement