Pension Fund News Updates

Latest Pension Fund news headlines.
Find List of Pension Fund Trends 2024 from various News Websites / Blog / Articles

Be the boss who treats colleagues the way you want to be treated

Want the best out of the people you're tasked to supervise? Then lay off, don't micromanage and give them the trust and space to become leaders in their own right. You'll be amazed by the results, writes Gasant Abarder in a new #SliceofGasant col
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23 Jul 2024

Two-pot retirement: Substantial work still needs to be done before 1 September

Although the president signed the Pension Funds Amendment Bill into law on the weekend to remove another legislative barrier to the implementation of the two-pot retirement system in just over six weeks, a substantial amount of work still needs t
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22 Jul 2024

Expert cautions against withdrawing retirement funds prematurely

Financial expert Prem Govender has advised South Africans against the premature withdrawal of their retirement funds. She was reacting to the Pension Fund Amendment Bill that was signed into law by President Cyril Ramaphosa this month.
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22 Jul 2024

PFA assures RSA holders of better returns on investment

Pension Fund Administrator (PFA) has expressed its commitment to protecting the retirement savings account (RSA) holder's funds and returns on investment in the industry. The post PFA assures RSA holders of better returns on investment
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22 Jul 2024

Sarb orders Steinhoff to forfeit over R6bn to the state

The South Africa Reserve Bank (Sarb) has ordered the Steinhoff group of companies to forfeit up to R6 billion held in its bank accounts, four months after the death of former CEO Markus Jooste and weeks after Ben la Grange, the companys former ch
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22 Jul 2024

President Cyril Ramaphosa signs two-pot retirement system into law

President Cyril Ramaphosa has announced today that the Pension Funds Amendment Bill has been signed into law, making the two-pot retirement system now official. The amendment resulted from pressure from the trade union movement, will all
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21 Jul 2024

Ramaphosa signs Two-Pot Retirement System into law

President Cyril Ramaphosa has signed the Pension Fund Amendment Bill into law to implement the Two-Pot Retirement System . The legislation facilitates flexibility regarding the retirement savings for South Africans. From the pro
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21 Jul 2024

Delay in retirement fund amendments could impact two-pot system rollout, warns FSCA

The Financial Sector Conduct Authority (FSCA) is still waiting for more than 350 retirement funds to submit their respective rule amendments that will allow them to implement the two-pot retirement system. This is according to Zareena Ca
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17 Jul 2024

More than 2 000 security firms defaulting on pension contributions

The Financial Sector Conduct Authority (FSCA) has revealed that over 2 000 security firms in South Africa are defaulting on pension contributions. Workers in the security sector have held several protest marches, in a bid to compel their
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17 Jul 2024

Report reveals SAs loss of confidence in financial institutions

The Sanlam Benchmark report has revealed a loss of confidence in South Africas financial institutions. According to the report, many of its respondents confidence in the country and its financial institutions is slowly fading away. Sanla
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16 Jul 2024