Fewer than 6% of South Africans can afford to retire comfortably, according to the National Treasury. At the same time, a 2024 PwC study found that 70% of employees experience financial stress, with nearly half saying it directly affects their productivity....
When it comes to investing, the experience matters just as much as the returns earned. That's why the idea of smoothing investment returns continues to resonate, especially in today's climate of elevated uncertainty and market volatility. While smoothing may...
The South African retirement fund industry is on the edge of a precipice. Crumbling under low savings rates, disengaged members, rising inequality and complex reforms like the two-pot system, the time for gradual change is over. The time for evolutionaries –...
Whether you are a Baby Boomer, belong to Generation Z, or are any age in between, you have become used to the convenience and immediacy that the internet has brought to our lives. From banking apps, to online shopping, to fast food deliveries, we have come...
The status of integrated reporting in retirement funds Integrated reporting is not a new concept. It was introduced by the King Report on Corporate Governance for South Africa (King IV)™ in 2016 and King IV even has a specific supplement for retirement funds...
It is undeniable that retirement fund trustees face growing risks from cyber threats with the responsibility for managing and mitigating these risks ultimately resting with the board. These funds hold vast amounts of sensitive personal and financial data,...
South Africa's pension fund boards manage large amounts of extremely sensitive data, making cybersecurity critical. Many trustees, whether elected or professional, overlook risks that could expose funds to breaches. Board portals provide a secure solution,...
Trust. Integrity. Irrespective of whether you are an investment manager, financial advisor, wealth manager or another stakeholder in the South African financial services sector, these two words are core to your value proposition and your ability to win and retain...
1. What are the most significant cyber threats currently targeting the asset management industry, and how are they evolving? Cyber-attacks have become increasingly prevalent across all industries. Asset managers would be a particular target due to access to...
As cyber threats intensify globally, South Africa's financial sector is bolstering its defences with Joint Standard 2 of 2024: Cybersecurity and Cyber Resilience Requirements, published by the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA)...
