Everybody screams for lower interest rates. Not everybody benefits
from them. The sounds of the savers are drowned out. Read more...
Much to say about trustee training. There is progress. Read more...
The Big Issue
There are eleven solid reasons for the head office of Old Mutual
to be returned from the UK to SA where it’s been for more than
a century and where the group’s profits are made. The offshore
strategy was an enormously expensive error of judgment that should
be reversed, to the extent that it hasn’t already. Read more...
What a certain chief executive didn’t say, but might have thought.
Plus what a certain investor-relations department does say, officially.
Judge which makes more sense.
Thanks to Asisa’s backing of Gips, the way is being cleared for
uniform and consistent disclosure standards. High time too.
are supposed to be
intelligible, said King
II. They still aren’t.
Now we have a draft
of King III, which says the same thing
but ignores modern-day means and
requirements to bring it about. Some
suggestions to make the latest King
A close look at absolute-return funds; what they’re supposed to
mean and what they can often disguise.
Better treatment for spouses who aren’t fund members. How
trustees can best deal with the new law.
Some coalface experience on how many boards operate. It
contrasts with the way they should operate.
Prof Robert Shiller’s latest work is The Sub-Prime Solution.
A key is to elevate the influence of pension funds that own the
Prevention requires greater responsibilities for principal officers as
the custodians of retirement funds’ assets.
Briefs on some of the latest legislation, judgments and
Be grateful for