Retirement

Umbrella Versus Free standing Funds

The age old debate as to whether an umbrella fund or a free-standing fund is the better option for a company, can hardly be construed as an emerging trend; but what has occurred as a…
Retirement

Pension Funds: How are they faring?

COVER interviewed SEELAN GOBALSAMY, Managing Director, Old Mutual Corporate regarding pension funds in the context of the global economic downturn. COVER: What happened with pension funds assets in 2008? SEELAN: Let’s start with the JSE…
Retirement

Retirement Fund Reform - Part 1- The dawn of a new era

Verwey Wiese, PricewaterhouseCoopers, provided us with a comprehensive overview of the current position. We publish the article in two parts due to its length. In his 2007/2008 budget speech, Minister of Finance, Trevor Manuel, unveiled…