Pension Funds
latest news & developmentsWhy a settled Lanseria dispute still haunts the PIC
What began as an arbitration over Lanseria Airport has escalated into a major governance crisis for the Public Investment Corporation (PIC), involving a whistleblower complaint…
How Lanseria became the fault line in the PIC power struggle
The Public Investment Corporation (PIC) is embroiled in a significant governance crisis, stemming not from a recent whistleblower complaint, but from a long-standing dispute over…
Municipal employees to get a 3.5% increase after wage deal
The South African Local Government Association said a three-year wage deal had been agreed on the remuneration of municipal employees
Academics, students urge Wits University to divest from fossil fuels
Staff and students argue it is unethical for university to profit from an industry that damages the planet and distorts science
Sexual harassment complaints against NTI manager ‘ignored’
Woman contract employee accuses her former manager of sexually predatory behaviour
ANC wants pension funds to finance infrastructure build
The party released its plan for the reconstruction of the country’s post-coronavirus economy on Friday. This would involve changes to Regulation 28 of the Pension Funds Act
Why Soweto residents do not owe Eskom R18-billion
This debt should be deemed a subsidy, an external cost that the government must bear for inadequate service delivery.
Morals decide the state of the nation
But the church has fallen into the worldly trap of placing money and comfort above God
Pensioners lose out to ‘greedy’ firms
A recently released report reveals how big players in the pensions industry have benefited by leaving policy holders out in the cold
Vocabulary needed to make sense of the new normal
Negative rates are seriously spooking markets. Money managers are used to getting a positive return on their investments
You have the power
The need for better retirement outcomes is crucial to the economic growth of Africa and for society as a whole
Mr President, the old-age pension is an investment, not a burden
As the pensioners of our democratic society, we toiled for our country’s success and we deserve to thrive
Awards stimulate knowledge transfer
The benefit to a fund in receiving a BPIA award is the increase in reputational index to its members
PIC commission kicks off with employee testimony
Public Investment Corporation employees will be the first witnesses at the PIC commission of inquiry which begins in Pretoria this week
High rate of compliance allows for rapid investment
Compliance with pension payments is high, despite high staff turnover