New foreign limits for SA retirement funds
April 04 2011
PENSION FUNDS ACT, 1956 REGULATION 28 – EXEMPTION IN RESPECT OF INVESTMENTS HELD OUTSIDE THE REPUBLIC The South African Reserve Bank has issued Exchange Control Circular No. 44/2010 on the increased prudential limits for foreign investment allowance. The relative limit in respect of retirement funds have increased from 20% to 25%. Until the ame... Read more »
The Challenge
March 01 2011
Communication between a trustee of a Retirement/Pension Fund and his/her member is of paramount importance. Minimum disclosure obligations are placed on trustees in terms of PF 86 and 90; however the communications challenge seeks to explore and encourage communication beyond just minimum disclosures. The Communications Challenge looks at a Fund... Read more »
Judges Panel
February 01 2011
Name: Dudu Msomi Job Title: Chief Executive Officer Company: Busara Leadership Partners Likes: Writing, reading, dining out, travelling Dislikes: Opposition for Opposition A Quote i live by: It`s not what you call me ,but what i answer to. ~African Proverb www.busaraleadershippartners.co.za Name:Stephanie Griffiths Job Title: Chief Execut... Read more »
The IRF Blog Team
February 01 2011
Marketing ManagerMatsie Uzorka Likes: Tennis ,Reading, Art, Antiques, and Community Development My Quote : Be the Change You want to see in the World’~ Mahatma Gandhi Legal and Technical OfficerGerard Shavatu Likes: Reading and Gourmet Food, Hiking and writing My Quote:“Leadership is not a one day thing, It is a constant commitment ... Read more »
IRF 2010 Communications Challenge Winners
December 01 2010
1. Overall Winner of the 2010 IRF Communications Challenge: Nedgroup Defined Contribution Provident Fund (Tebogo Tlatsana) 2. Winner of the IRF 2010 Communications Challenge Winners Circle Category: Sentinel Mine Employees Pension Fund (Frikkie Schroeder) ... Read more »
IRF Communications Challenge 2010 in the Media
December 01 2010
Funds ‘must be able to choose’ how to invest responsibly Retirement funds should decide for themselves how to invest in a socially responsible way rather than be forced to invest in developmental projects by law, the Institute of Retirement Funds conference heard this week. Andrew Canter, the chief investment officer at asset manager Futuregro... Read more »
KING III - The latest King Report : 2009
September 01 2009
KING III The latest King Report was published in September 2009 and introduces many significant changes; and most importantly to retirement funds is that it now applies to all entities. The Report can be found at http://www.iodsa.co.za/products_reports.asp?CatID=313 Download : PF 130 – Provides guidance on good governance by pensio... Read more »