Pension Funds: How are they faring?
July 1, 2009
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…
One of the objectives of the current pension fund reform process is to increase coverage within the formal and informal sectors. (Due to space constraints we extracted some of the data for our readers’ interest….
Umbrella Funds: Employer Risk, Fact or Fable?
December 1, 2008
There are three different types of Umbrella Fund arrangements when it comes to recognition of duties to be performed by the participant employers or their member committees: Type 1 Umbrella Fund – defines the duties…
Harsh business climate fosters prudent pension reform
December 1, 2008
Baron Furstenburg, head of pension reform strategy at Liberty Corporate Benefits, revisits pension reforms in light of the current financial crisis. Plummeting equity markets, tight credit conditions and low business confidence may be tough on…
Retirement Fund Reform - Part 1- The dawn of a new era
December 1, 2008
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…
