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...
What comes next after the two-pot system? Auto-enrolment is the next logical step towards retirement reform in South Africa, says Michelle Acton, Chief Customer Officer at Old Mutual Corporate. The two-pot system marks a transformative step, potentially...
A useful way to illustrate how boards use artificial intelligence is through a Star Trek analogy: Before AI Picture the scene: The Bridge of the USS Enterprise (Captain Kirk sits confidently in his command chair, glancing around the bridge crew. He leans...
Most retirement funds in South Africa provide their members with lump sum death and disability benefits, in addition to the retirement savings. These benefits can be in the form of an income or a lump sum amount. These additional benefits are normally called...
In the complex world of finance and risk management, actuaries have historically been viewed as the quiet guardians of risk, primarily tasked with evaluating and managing financial uncertainties. Traditionally, their expertise was rooted in valuation and...