Lerato Lamola-Oguntoye, Associate Director & Analisa Ndebele, Associate at Webber WentzelThe popularity of cryptocurrencies stems from the fact that trading takes place in an anonymous environment where individuals may use pseudonyms and do not interact face to...
Sameer Kumandan, Managing Director, SearchWorks Following South Africa’s financial greylisting by the Financial Action Task Force (FATF), the global financial crime watchdog, for not fully complying with international standards around the prevention of money...
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...
Carina Wessels, Executive: Governance, Legal, Compliance and Sustainability, Alexforbes Taking a cue fromcorporates on how to safeguard and future-fit our retirement funds It has been a while since the King IV Report on Corporate Governance for South Africa...
Stephan Walker Chairperson of the Retirement Matters Committee of the Actuarial Society of South Africa. In mid-December 2021,National Treasury released discussion document concerning planned and possible changes to South African retirement funds. There has been a lot...
David Hurford, Chief Executive OfficerFairheads Benefit Services Beneficiary funds – supporting the guardian or caregiver rather than disempowering themThe Office of the Pension Funds Adjudicator (PFA) has recently highlighted that a Board of Trustees must have cogent...
A retirement fund appoints a combination of service providers and the employee benefits consultant and the asset or investment consultant fulfil the key advice roles. It is important for trustees to carefully consider the roles and responsibilities and what they...
The vast majority of business transactions and the storage of data are done on digital platforms. In respect of retirement funds, key functions such as the maintenance of a members' individual records, monthly updates of contributions, investments/disinvestments and...