Members of retirement funds face a decision every year regarding their savings pots – to use or not to use? The easy answer is: don't use your savings pot as it will diminish your retirement benefits. However, the majority of South Africans face real...
Imagine working for four decades only to discover that your retirement income barely covers the cost of your groceries. This is not a distant fear but the reality for most South Africans. The system must change. Traditionally, discussions about impact have...
1 September 2024 marked a turning point in South Africa's retirement landscape: the official launch of the two-tot retirement system. For those involved in the months of intense preparation leading up to this deadline, the efforts may now seem like a distant...
Employers play a crucial role in retirement savings in South Africa. While it is not mandatory to offer a retirement savings benefit, many employers recognise the important role employer-arranged retirement investments, such as umbrella funds, can play in...
Retirement fund trustees, in discerning how best to allocate section 37C death benefits to the financial dependants of deceased retirement fund members, rightly look principally at the needs of minors. If the trustees are of the opinion that the guardian or...
This year, Alexforbes marks 90 years of service to South Africans. It's a milestone that invites reflection ‒ not just on our own journey, but on the transformation of retirement savings across the country. Over the decades, we've seen the retirement system...
South Africa faces an infrastructure challenge of historic proportions. Estimates point to a shortfall of more than R2 trillion over the next two decades, with electricity and water shortages just some of the symptoms of a gap that deeply affects every...
Trustees carry two responsibilities that can often feel at odds. They need to grow members' pensions prudently. And they also need to fund the assets that keep communities working. Power that stays on. Quality schools that teach well, affordable housing and...
South Africa's pension funds collectively manage approximately R5.8 trillion in assets, representing one of the largest domestic pools of long term capital available for infrastructure investment. Trustees carry a dual responsibility: to deliver secure, long...
Let's face it – “asset allocation” sounds like something buried in a spreadsheet. But here's the twist: it's one of the most powerful tools retirement funds have to shape the future. Quietly, steadily, with billions behind it. Every rand invested by a...