South African pension funds must invest more in infrastructure projects, to contribute to the nation’s development, or risk prescribed assets, a panel at Batseta’s 10th Winter Conference heard
A quick industry read
Burning the midnight oil – the scramble to the two-pots deadline
Tax authorities and regulators are scrambling to finalise rules before the two-pots system goes live in September. Trustees are still catching up, and the withdrawal amount remains a mystery. It’s showtime!
SPONSORED | SA listed property sector on a recovery path
After several challenging years, the SA listed property sector is experiencing good momentum, with share prices recovering by 30% between the end of October 2023 and early July 2024
SPONSORED | Are compounding fees jeopardising South Africans’ financial freedom at retirement?
In the world of investing, the adverse impact of high fees on long-term returns is well-documented. Just as compound returns work their magic to create wealth over time, compounded high fees have a stunting effect on growth in the long term.
The struggle to save isn’t just about money – feelings matter too
An FNB survey found that 48% of South Africans aren’t planning for their retirement, as the fight for immediate financial survival surpasses worries about the future
Two Pots: three questions keeping trustees awake
With just more than six weeks to go before the new pension-fund regime kicks in, anxiety is rife among both fund trustees and members. What are the most pressing concerns, and what do the experts think?
ANC has been gaining ground. Oddly, that’s a good thing
Despite what seems like an all-out effort by the ANC to hollow out the state of all its resources, a strong showing for the ruling party in the upcoming elections could prevent even bigger short-term problems for SA’s markets.
SA investors fled abroad. Now, local shares are too cheap to ignore
Fund managers rushed offshore at the first opportunity. This exodus may slow as domestic investors turn to familiar and more attractively priced local assets rather than fully utilising their overseas allocations.
The gradual rage against the machine
Despite clear physical challenges, to many it seems the future domination of Artificial Intelligence through Large Language Models is inevitable