Why fund members are hesitant to adopt trustee-endorsed annuities
Despite the significant support and effort behind incorporating Regulation 39 into the Pension Funds Act, why has the adoption of trustee-endorsed annuities been so limited?
Regulation 39 mandates that the boards of pension, pension preservation, and retirement annuity (RA) funds establish an annuity strategy. Where the rules of a provident or provident preservation fund enable a member to elect an annuity, the board must establish an annuity strategy.
The article is thorough in garnering opinion and the first comment is also worth considering as a potential answer to the question posed. 8min read
ESG and South African Pension Funds: A Trustee’s Guide
As a pension fund trustee in South Africa, you’re navigating a complex landscape where Environmental, Social, and Governance (ESG) factors are no longer just buzzwords but critical components of your fiduciary duty.
This article offers guidance based on an explanation of the challenges and opportunities the SA context presents. 3min read
Is it two pots or three? Navigating the complex two-pot retirement makeover
As the dust settles on the implementation of new retirement legislation, Linda Kleynscheldt, Head of Actuarial and Product, PSG Wealth unpacks why having a quality financial adviser will help retirement savers make the most of what is a complex set of new rules.
3min read including how much was withdrawn in the first week of September.