PSG Financial Services (PSG) is a great example of a long term winner whose valuation has looked full at almost any time over the last decade but has nonetheless done well for the patient investor (Figure 1) as it delivered growth underpinned by strong...
In South Africa, many families work tirelessly just to survive. With immediate needs pressing, thinking about the future feels like a luxury, one that many simply cannot afford. The harsh truth is that in many households, the idea of planning for retirement is...
When it comes to retirement planning, many rely on 'rule of thumb' calculations and assumptions; the likes of which we often see dotted across retirement fund communications or in financial services awareness campaigns. These rules of thumb, such as how many multiples...
The South African rand is one of the most volatile currencies in the world, more so than many of its emerging market peers. In fact, over the past decade, only the Russian rouble and Argentinian peso have been more volatile. The currency's movements are often driven...
As a wealth manager, one of the key principles to understand is that while we can't control everything, like market performance, we can control strategic decisions that impact a client's financial future. One such controllable factor is the timing of retirement. Your...
Introduction I had the privilege of co-presenting with the FSCA's Zareena Camroodien at this years' Pension Lawyers Association annual conference on the topic of the Draft Conduct Standard prescribing conditions in respect of pension fund benefit administrators. In...
Financial planners must adapt — or risk losing clients to those who do. It's not about AI - but then again, it is It's fair to assume that all professionals possess the technical knowledge required for their field. Their competence is built on academic training and...
A pension fund is obliged to provide the Pension Funds Adjudicator (PFA) with requested information without obtaining consent from the beneficiaries. A fund cannot use the Protection of Personal Information Act (POPIA) as a reason to withhold information from the PFA....
Reflections on IRFA's Participation at the Africa Pension Funds and Retirement Summit, Casablanca 2025 As the President of the Institute of Retirement Funds Africa (IRFA), I am proud to share our continued commitment to contributing meaningfully to the development of...
It actually is complicated One of the unintended consequences of all the new two-pot legislative rules is that members' options when they withdraw from a pension or provident fund following their exit from employment have become fairly complicated. The...