Todays Trustee

RIP Allan Greenblo – A journalistic giant who never lost his moral compass

RIP Allan Greenblo – A journalistic giant who never lost his moral compass

Greenblo co-founded Finance Week in 1978 and edited it from 1982 to 1995. After a widely publicised battle for control which he lost, Greenblo was appointed...

Opportunity of a lifetime

Opportunity of a lifetime

Covid is a crisis not to be missed for introduction of fundamental social and economic changes that will avert worse crises later.

Enoch is ok

Enoch is ok

The new finance minister has no need to bother about a little blip in his past. But there are one or two others who might need...

Today's Trustee: Sept-Nov '21

Today's Trustee: Sept-Nov '21

After the mayhem of July and the revelations of Zondo, the cover story of our latest edition deals with the particular reliance on ESG-focused retirement funds...

Assault on pensions

Assault on pensions

Proposals for social security at odds with National Treasury policy.

Finer points finessed

Finer points finessed

Transformation in the financial sector, including retirement funds, is a work in progress. With fresh blood in the FSTC, it's about to be accelerated.

Today's Trustee Jun- Aug 2021 Edition

Today's Trustee Jun- Aug 2021 Edition

There's a changing of the guard, and of the compliance obligations,,for retirement funds under the Financial Sector Code.

High-profile example

High-profile example

When it comes to payment of retirement-fund contributions, one might have expected better of the governing ANC.

Opportunity knocks, loudly and desperately

Opportunity knocks, loudly and desperately

Retirement funds must take the lead. If they have to wait for government they could wait forever.

Let SARS loose

Let SARS loose

Give it the cash and let it have a full go at the corruption crooks exposed by the Zondo commission.

Today's Trustee March - May 2021 Edition

Today's Trustee March - May 2021 Edition

Due to Covid, there's a worrying contraction of savings in retirement funds.

Fight on the facts

Fight on the facts

Retirement funds prepare to resist labour pressures. Mboweni is caught in the middle.

Zoomed out

Zoomed out

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

Go for prescription

Go for prescription

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.

Pensions quandary

Pensions quandary

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

When fiduciary clashes with fiduciary

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.

Go for prescription

Go for prescription

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

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

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

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.

Ready to pay

Ready to pay

In a small step, Liberty takes the lead in righting a wrong.

Doubts about Dube

Doubts about Dube

Mboweni makes flawed choice for FSCA interim commissioner. Tshidi tied at the hip to Mostert.

Back to the precipice

Back to the precipice

In the recovery-or-bust scenario that faces SA, both pension funds and the IMF have huge roles.

Pensions to boost infrastructure

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?

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

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...

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.

Same old, same old?

Same old, same old?

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

Unintended consequences of anti-corruption steamroller

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

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

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....