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Alf James

New regulations a step in the right direction

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Employers are now obliged to help their employees make the best possible financial decisions upon retirement

Benefits counselling model employs FinTech for an effective solution

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This addresses the uncertainty in the industry with regards to how benefit counselling will be provided

Retirement journey becoming less complex

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The default regulations provide more safety and control for retirement fund members

Default regulations will simplify investment options

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'Independent financial advice is still important'

Offshore investments should be approached with great responsibility

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This type of investing necessitates deep resources, specialist skills and experience

Programme aims to improve performance

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Best Practice Industry Awards celebrate fund performance excellence

Best practices abound in transport sector

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The Transport Sector Retirement Fund uses cellphone technology to regularly engage, inform and educate its members

Fund employs financial literacy as an instrument of transformation

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The NJMPF facilitates educational sessions at road shows, workshops and indabas

Default regulations aim to improve retirement outcomes

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Adequate information and guidance will be provided to members to assist them to make sound retirement decisions

Important for members to be accountable for their own retirement

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Your employee pension is often inadequate for your retirement needs

Awards stimulate knowledge transfer

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The benefit to a fund in receiving a BPIA award is the increase in reputational index to its members

Awards reflect industry best practices on an international scale

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'Recognising excellent rewards hard work and sets the standard for others'
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