SOUTH AFRICA - Jan Groenewald, CEO of the Mine Employees Pension Fund (MEPF), is to retire from the fund on November 30 this year.
The fund’s holding organisation, the Chamber of Mines, hopes to announce his replacement by the end of November.
Groenewald’s departure marks the end of a 26-year career with the MEPF. Prior to joining the fund, he worked in the legal field where he served as a magistrate in Wolmeranstad in the North Western province.
By Janet Du Chenne
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers