Issue: June 2012 / August 2012
Editorials

FIRST WORD

How times have changed. Once a bastion of apolitical sagacity, National Treasury finds itself in the heat of power contests and legal disputes. Pension funds are affected. Read more...


STATE INTERVENTION

Asset prescription is on the table for the ANC national policy conference. By all means, have the discussion. Then get over it. Read more...


FINANCIAL SERVICES BILL

There’s danger in some tiny print. It relates to officials of the Financial Services Board being specially favoured, and could well be unconstitutional. Read more...


CURRENTS

Staggered progress on retirement-fund reform; What’s bad in the draft Financial Sector Charter (an omission on trustees), and what’s good (recognition of pension funds for BEE); Voting on directors’ remuneration; CMM curators have a go at Absa; Adjudicator ruling on Muslim divorce; As in UK, so too in SA on pensions underprovision. Read more...


COVER STORY

Private equity gets a lift-off from the new Regulation 28. Trustees might previously have known little about what it is and how it works. They’d better get to know now. There’re potentially great benefits for their funds, and for the economy, but risks too. Read more...


DISPUTE RESOLUTION

Mediate, don’t litigate. Not only is mediation preferable but it is in any case about to become mandatory before litigation in the court process. Read more...


LITIGATION

A trade union’s provident fund wins against an asset manager. Penalties for FAIS breach could follow. Read more...


PROFILE

A dedicated lawyer and teacher, Lavinia Khangala is making her presence felt in retirement-fund activities. Read more...


INDUSTRY POSERS

The Association of Savings & Investment SA puts pertinent questions. TT attempts to supply some answers. Read more...


INTERMEDIARIES' INCENTIVES

They’re misaligned, an expert argues. There should be more emphasis on investing and less on trading. Read more...


COLLECTIVE INVESTMENTS

Welcome to a global framework for regulatory harmonisation. Read more...


LETTERS

Two schools of thought on living annuities; It’s a labour issue, FSB tells dismissed trustee. Read more...


GRAVY

"Only" 10% of South Africans to retire comfortably? It's worse. Read more...


Expert Opinions