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Industry Updates

Managing Longevity

The emerging trend of increased longevity is one of the most significant risks facing South Africans as they plan for retirement. The challenge advisers face is that they need to bear the responsibility of helping...

Non-payment of contributions now a criminal offence

Non-payment of contributions now a criminal offence The Financial Services Laws General Amendment Act, 2013, signed into law on 16 January 2014, amends Section 37 of the Pensions Funds Act. From the effective date, yet...

October industry and regulatory update

In this issue of the Joint Forum update, we provide consultants and members of the Joint Forum with information on the following topics: Updated FSB legislation and circulars An overview on the Retirement Fund reform...

Is there a conflict of interest in umbrella funds?

  In this Q&A we look at questions raised by Benchmark Symposium attendees about possible conflict of interest between the board of trustees, the administrator and sponsor. Question:

Help employees to a better retirement

Viresh Maharaj, actuary at Sanlam Employee Benefits, gives practical suggestions to employers on how they can help their employees to a better retirement. We feature the article as it appeared in the September edition...