Issue: September/November 09
Editorials

First Word

Trevor Manuel says that ‘big business’ is too cowardly to criticise Cosatu. He’s got a point. Cosatu should be offering the same public accountability, transparency and engagement that it demands of others. Read more...


Letters

When 13th salary cheques are, and aren’t, taxable. Read more...


Benchmark Survey

There’re some quite frightening revelations on the state of play in the pensions industry. Sanlam pulls no punches in describing them. What’s to be done is not as readily apparent. Read more...


Cover Story

When the Government Employees Pension Fund decides to lead implementation in SA of the United Nations Principles for Responsible Investment, it had better be taken seriously. A huge shake-up, for the good, is in the offing. Read more...


Stakeholder Activism

Government is barking up the wrong tree about a foreign chairman of Anglo American. An early test for the role that the GEPF has taken upon itself could relate to the board of another SA giant that’s relocated abroad, namely Old Mutual. Read more...


This & That

Costs of curators; Argus pension fund; SA asset manager in top 10 worldwide for ESG; Beneficiary funds’ tax change; Tool to assist selection of beneficiary funds; Audit fees capped; Better disclosure of shareholder voting. Read more...


The Big Issue

There’s huge market potential for pension-secured housing loans. The more the potential is realised, however, the less there’ll be for old-age provision. In the face of a family’s immediate social needs, does it matter? Read more...


Pensions Organisations

The Institute of Retirement Funds does have a role. But it’s becoming increasingly limited, not entirely through faults of its own. Read more...


International

The lack of member engagement with their retirement funds isn’t a problem unique to SA. Poor understanding is seen as the biggest single area of risk. Read more...


Performance Measurement

Performance Contribution Analysis and Performance Attribution Analysis sound awfully intimidating. They aren’t really, and trustees should understand them. Read more...



ESG Processes

SA retirement funds must be more committed to embracing responsible-investment policies. There are a number of good reasons for them to do so, in their own interests and for society as a whole. Read more...



Independent View

Humility and wisdom should be trustees’ primary characteristics. They outdo the ability to tick checklists. Read more...



Legal Update

Briefs on some of the latest legislation, judgments and determinations. Read more...


Gravy

‘Ravages of inflation’ laid bare with a good steak. Read more...


Edutorials