Considering the levels of financial literacy in South Africa, beyond retail products such as banking accounts and mortgage loans, it is imperative that all who encounter a financial consumer immediately satisfy themselves that the consumer understands the basic...
As we step into 2024, the Institute of Retirement Funds Africa (IRFA) adopts a guiding principle that is both a vision and a mission: "Better Together." This theme transcends being a mere motto; it is the north star for all of IRFA's initiatives throughout the year....
Lelane Bezuidenhout, CFP®, Chief Executive Officer,Financial Planning Institute of Southern Africa (FPI)Gearing up for our annual convention As you read this, the Financial Planning Institute of SA is busy with final preparations for the FPI Professionals Convention,...
Thando Mbono, Manager of Fund Governance and Trustee Conduct, FSCAA working paper published by the Organisation for Economic Co-operation and Development (OECD) a few years ago revealed that, when benchmarked against the OECD countries, South Africa compared...
Geraldine Fowler, Chairperson, Institute of Retirement Funds Africa (IRFA)The IRFA conference has always provided the opportunity to share world class content and enrich knowledge and skills within the local retirement sector. The annual event provides topical...
Geraldine Fowler, Chairperson, Institute of Retirement Funds Africa (IRFA)These were the key questions the Institute of Retirement Funds Africa needed to ask when commissioning a snap survey on the subject of retirement reform to determine ongoing support for its...
Lelane Bezuidenhout, CFP®, Chief Executive Officer, Financial Planning Institute of Southern Africa (FPI)The FPI has had a busy few months, with much effort going into studying the draft bills governing the incoming two-pot retirement system and its implications for...
Muvhango Lukhaimane, Pension Funds AdjudicatorRather than conducting a proper investigation to trace who should be allocated a death benefit, a retirement fund decided to go “through the back door” and allocate the benefit to the deceased’s estate.This was stated by...
An update from the FPILelane Bezuidenhout, CFP®, Chief Executive Officer, Financial Planning Institute of Southern Africa (FPI)Reflecting on Q1 of 2023 made me realise yet again that time does not stand still and that we need to make the best of each day. With so much...
Muvhango Lukhaimane, Pension Funds Adjudicator Retirement funds must improve on their responsibilities to members in order to avoid prescription of outstanding contributionsWith case law having settled the issue of the application of time-barring to outstanding...
