SA's top ladies come together for the Chambord Freedom Day Power Panel.The Red Carpet Event brought together a diverse group of women all championing collaboration, creativity and authenticity. A panel of SA’s leading female entrepreneurs Tracey Lange (KFM), influencer and producer Tracy-Lee Rosslind, Tanya Nefdt from the ENCA Showbiz Report, celebrity makeup artist Renee De Wet and cosmetic surgeon, Dr. Nerina Wilkinson, discussing the power cards they drew to get them to the top. The panel discussion lead KFM presenter and Freedom Day emcee, the gorgeous Mamohau Sesane. Business Affair's Ash Evans reports...
RisCura’s head of investment advisory and administration, Petri Greeff, discusses why the new amendments to the Pension Fund Act – default regulations – that came into effect on 1 March 2019 are important for the retirement fund industry.
On 1 March 2019, the South African retirement industry takes one step closer to helping fund members enjoy a seamless retirement journey. Following the introduction of the amendments to the Pension Funds Act in September 2017, the deadline to comply with the Act’s default regulations are now effective.
To recap, the regulations require that retirement funds establish a default option for members retirement savings, one for preserving their funds if they change employers before they retire, and lastly a default that requires members to opt in to a living annuity once they retire. The regulations seek to improve retirement outcomes for members by ensuring that they receive good value from their savings and can retire comfortably.