

Today's Trustee March - May 2021 Edition
Due to Covid, there's a worrying contraction of savings in retirement funds.

The obsession with Covid numbs the senses. Strange days indeed are made even stranger, and madder, by paradoxes in share-market buoyancy.

Pension funds must specify to government precisely their terms and conditions for participation in infrastructure investment. The boot will then be on the right foot.

No easy way out in attempts to offer relief. Access to savings now or later is problematic either way.

When fiduciary clashes with fiduciary
Offshore exposure versus SA infrastructure. Portfolio diversification versus national interest. What’s the proper balance? Even the GEPF and EPPF are having to decide.

Pension funds must specify to government precisely their terms and conditions for participation in infrastructure investment.

Proceed with prescription, but beware of the wrong kind
Yes, we argue in the cover story of this latest TT edition, bring on prescription.

When fiduciary clashes with fiduciary
Offshore exposure versus SA infrastructure. Portfolio diversification versus national interest. What’s the proper balance? Even the GEPF and EPPF are having to decide.

Pensions quandary offers no easy way out
For many individuals in this Covid-afflicted environment, retirement funds have come to serve as the provider of last resort.

Pensions to boost infrastructure
Forget prescribed assets. They're a diversion from the potentially solid proposal now on the table that seeks a social compact through retirement funds...

Prescribed assets’ or leaving Gordhan in the lurch? What’s worse?
There are two non-negotiables: that rotten state-owned entities, unable to repay loans, are saved from bankruptcy; and that Gordhan emerges as invulnerable to attack by having...

Financial literacy at work for the poor
There are two contrasting perceptions of SA, rarely to mix. They’re as distinct as oil from water.

When personal liability kicks in...
Should judgment go against the former trustees, each of them would be exposed to pay over R4m from their own pockets.

New authority must fundamentally change perceptions of the FSB bureaucracy as applied particularly to retirement funds.

Unintended consequences of anti-corruption steamroller
So pervasive has corruption supposedly become in the retirement-fund industry that Registrar Dube Tshidi has considered it necessary to issue a directive that will prevent it.

More than farmland to worry about
Having opened the door to constitutional amendment, unexplored perils lurk. What must be a pleasure for the EFF spells pain for everybody else.

Code's special emphasis for BEE points
It goes without saying that the broad mass of South Africans should be supported to understand the benefits to them of saving for the long term....