Editorials

FIRST WORD

The advent of the Code for Responsible Investing opens new challenges for asset managers and pension funds. Active share ownership is the name of the game. Read more...


INFRASTRUCTURE

President Zuma has highlighted it as a developmental priority. Watch the model being introduced in the UK for pension funds’ more direct involvement. Read more...


CURATORSHIPS

Finance Minister Pravin Gordhan has said that the compensation system should be reviewed. Indeed it should, and the sooner the better. Read more...


CURRENTS

Next phase of the Financial Sector Charter to come; Progress on the Fidentia curatorship; Absa in firing line of CMM curators; Increase in majority age wanted for beneficiary funds’ payouts; Nash wins a court skirmish; Response to Gobodo report on Mohlala still awaited; New determinations from Adjudicator. Read more...


INDUSTRY BODIES

Zamani Letjane has taken office as president of the Institute of Retirement Funds. He has a grand vision that it becomes a voice for the industry as a whole. Read more...


COVER STORY

Instead of kicking at an open door, trade unions are missing an opportunity to make the 50/50 board representation of employer-nominated and member-elected trustees work as it was intended. There’s much more they can do to act, through pension funds, as part-owners rather than adversaries of companies. Read more...


SAVINGS PROTECTION

What’s happened at Trilinear is an absolute disaster for clothing and textile workers, the more so if it could have been averted. Looking at the sequence of events, it would seem that the Financial Services Board has a lot for which to answer. Read more...


REGULATION 28

The new prudential-investment guidelines try to promote objectives that go beyond mere prudence as the term is conventionally understood. In the policy and practice context, this invites confusion. Read more...


CUSTODIANSHIP

Trustees are inclined to take its efficiency for granted. Usually, it works without a blip. But sometimes it doesn’t. It would help trustees to know more about it. Read more...


LIVING ANNUITIES

Pitfalls in the draw-downs. Retirees who take too much too soon can find themselves in dangerous financial territory. Read more...


FIDELITY INSURANCE

Premiums have increased massively. Officers of pension funds had better revisit their policies to ensure that they adequate cover. Read more...


FINANCIAL REGULATION

A plethora of administrative penalties have been imposed on pension funds’ asset managers. There’s a case to be argued that they’ve been wrongly fined. Read more...


GRAVY

Asset managers are quickly coming to terms with CRISA. Read more...


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