Pension Fund News Updates

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

Pension Funds Adjudicator can help with unpaid pension contributions

Members whose employers do not pay contributions to the pension fund have recourse to the Pension Funds Adjudicator, who can order employers to pay a member the benefits they are due, and this order can be executed by a sheriff of the court, accor
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27 Apr 2024

'Many reasons to celebrate despite setbacks and mistakes'

Fikile Mbalula ON April 27, 1994, the day that changed South Africa, I had turned 23 years a few weeks earlier. My generation however, forced by the realities of apartheid, were involved in politics from a young age. As we look back at the
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27 Apr 2024

The nature of political risks in our counties

What you need to know: Counties are seeking leasing, bonds, tenant purchase and equipment placement among other financing tools. The best term for leasing vehicles and equipment is five to seven years. The leasing companies,
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27 Apr 2024

Freedom Day's legacy and black economic empowerment

As we celebrate Freedom Day, were reminded of the courage of those who fought for our democracy. Yet, members of the anti-apartheid movement not only fought for the equal right to vote and take political office, but for the economic freedo
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26 Apr 2024

Two-pot retirement system: NCOP passes Pension Funds Amendment Bill

The two-pot retirement system is one step closer to implementation on 1 September this year after the NCOP passed the Pension Funds Amendment Bill on Thursday with changes that clear up some discrepancies. The objective of the Bill is to
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26 Apr 2024

Employers offering better benefits to help struggling employees

Employers are offering better benefits in addition to better salary increases to help struggling employees who face high prices combined with debt and high interest rates. Despite average salary increases starting to align with inflation for the
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25 Apr 2024

More bosses give workers early access to their salaries

At a time when many employers cannot necessarily afford high salary increases, more bosses are opting to assist their employees in other ways, such as giving them earlier access to their salaries, granting soft loans, or allowing them to lower co
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25 Apr 2024

SA companies innovate benefits to combat rising costs

As South Africa prepares for Workers' Day, the nation faces stark economic realities: despite average salary increases starting to align with the mean Consumer Price Index (CPI) for the first time since 2020, the real cost of living is escalating
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25 Apr 2024

BHP makes takeover bid for Anglo American

The worlds largest mining company, BHP Group, has made a takeover approach for rival Anglo American, a move that could spark the biggest shakeup in the industry in over a decade. Anglo American said late on Wednesday that it had received an u
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25 Apr 2024

SARB eyes more of Jooste assets after R60m is forfeited to the State

The South African Reserve Bank (SARB) could be gunning for more of former Steinhoff CEO Markus Joostes fortune after more than R60 million in cash and property - including the luxurious Val De Vie wine estate - was forfeited to the State from Joos
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24 Apr 2024