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...
Head of Retirement Solutions and Business DevelopmentAlexForbes Duane Naicker has joined Alexforbes as its new head of retirement solutions and business development on 1 April 2023.Duane joins from Sygnia, where he was head of the Sygnia Umbrella Retirement Fund (June...
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...
Ensuring success in 2023 and beyondby partnering with the rightinsurance adviserChris Grieve, Executive Head: Broker Distribution, Bryte Insurance The impact that insurance brokers and advisers can have on business continuity has increased dramatically over the...
'Out-of-the-box' thinking foremployee benefits could ultimatelyimprove retention and employeewellbeingAs the world shifts into a post pandemic reality, companies are having to contend with immense changes that are redefining relationship with employees.Both the great...