by Riana | Oct 19, 2024 | Uncategorised
By Rob Rose The buck stops with pension fund trustees when pension contributions vanish. That was the stern warning from Pension Fund Adjudicator Muvhango Lukhaimane at the Institute of Retirement Funds Africa conference in Cape Town earlier this month, in which she...
by Riana | Oct 19, 2024 | Uncategorised
By Vernon Wessels The two-pot system has now been in operation for more than a month – but the hard work has only just begun. While much of the focus has been on the administration and withdrawal processes, the next challenge for trustees is to decide on the...
by Riana | Aug 21, 2024 | Uncategorised
By Rob Rose “We’re two weeks away from the biggest change in our pension system, so there are not a lot of people in the industry who’re sleeping soundly at the moment,” Michelle Acton, retirement reform executive at Old Mutual, tells Today’s Trustee. From September,...
by Riana | Jul 22, 2024 | June - August 2024
By Rob Rose There are so many balls in the air that it’s hard to know quite what to make of the two-pot retirement regime set to launch in September. The new system divides pension savings into three parts: a retirement component, accessible only on retirement; a...
by dev_admin | Jul 25, 2023 | July 2023
Liquidity and tax are growing concerns for retirement fund managers as access by members to the new savings pot looms ever nearer. By Jaco Visser There seems no getting away from it: the two-pot system will open the door to a flood of withdrawal claims as the savings...