SOUTH AFRICA - Trustees have a duty to recover profits made by pension fund administrators that have not been disclosed to pension schemes, the pension funds adjudicator (PFA) has ruled.
Last week, adjudicator Mamodupi Mohlala overruled a decision by the trustees of the Irvin & Johnson retirement fund to ratify the conduct of pension administrators NBC retrospectively. Irvin & Johnson...
SOUTH AFRICA - Asset management firm Franklin Templeton Investments has named Jo-Anne Bailey as director of its African division.
Last month I attended the Principal Officers Association Winter Conference in Johannesburg. The conference touched on many subjects: trustee education, transition management, etc. But the subject that seemed to ruffle feathers the most was incorporating...
Industry officials largely welcome the update to regulations over investment practices but the move to comply comes with some challenges, as Christine Senior reports
Raquel Pichardo-Allison reports on the environmental, social and governance factors affecting South African pension funds
Coverage from the POA Winter Conference in Johannesburg