Issue: May 2005
Editorials

First Word

In a society where political correctness is pervasive it’s often safer to keep quiet, which is one reason Today’s Trustee doesn’t always identify authors of articles. Where no bylines appear, they are the sole responsibility of the publication, which can have fortunate consequences. Read full article...


New Order Beckons

In a series of rulings unfavourable to life offices, the Pension Funds Adjudicator has upheld complaints from various RA investors over deductions made from their payouts. Life offices are reportedly inundated with similar complaints. Why are so many investors so suddenly up in arms? Read full article...


Letters

Reader feels that at last there is voice speaking up for the empowerment of member-elected trustees.


The Big Issue

The chairman of a small pension fund asks if there is any justification for members to contribute to a faceless mass of BEE beneficiaries who may be better off than those expected to make these donations.


High Noon

On one side of the street, the white employer-nominated trustees associated with Seifsa. On the other, the Pensions Fund Registrar and dozens of employee-elected trustees, primarily black. At stake are billions of rand in pension and provident fund surplus. Both sides can’t be right.


Wake-up Call

In a series of rulings unfavourable to life offices, the Pension Funds Adjudicator has upheld complaints from various RA investors over deductions made from their payouts. Life offices are reportedly inundated with similar complaints. Why are so many investors so suddenly up in arms?


Let The Debate Begin

Pricing in the retirement-fund industry is inconsistent and, in some cases, exorbitant, according to a KPMG survey.


Maintenance Quagmire

Trustees can find themselves between a rock and a hard place when it comes to court orders regarding child maintenance.


International

American workers who want the same standard of living they had immediately before retiring will have to work longer. Research indicates that the Baby Boomers will be unable to retire before age 70.


Gravy

Beware the “expert” fund managers regurgitating the same old financial advice.