Retirement is no longer a hard stop
PSG’s Mariska Redelinghuys says retirement planning needs to reflect people who continue earning, support family and face rising healthcare costs.
#retirementfunds
Two-pot: Will the money stay put?
The Marsh Index recognises two-pot as progress, but Alexforbes says its preservation benefits will take time to show as legacy savings are depleted.
Life annuities: the restriction advisers cannot afford to leave unexplained
Two complaints heard by the FAIS Ombud highlight the consequences when advisers fail to properly assess clients’ circumstances or explain the restrictions of a life annuity.
South Africa’s retirement system has assets, but not enough reach
According to the 2026 Marsh CFA Institute Global Pension Index, South Africa ranks 51st out of 55 retirement systems.
Retirement funds cannot outsource accountability for cyber risk
The FSCA’s practical guidance on Joint Standard 2 of 2024 sets out what retirement funds need to do to strengthen cyber resilience, oversee service providers, and prepare for cyber incidents.
Financial security on paper means little when benefits fail
The Deputy Pension Funds Adjudicator and the FAIS Ombud warn that financial protection depends on more than products and paperwork.
Retirement complaints hit record high as unpaid contributions dominate
Section 13A complaints accounted for more than 61% of cases investigated and closed in 2025/26, while the OPFA’s carry-over of unresolved matters increased.
Uhlaziyo lweembiza ezimbini (Two-pot) aluvuli izibonelelo zeRA –Tribunal
Le nkqubo yazisa ukufikelela okulinganiselweyo kwinxalenye yemali eyongiweyo, kodwa ayizange itshintshe izithintelo ekudala zikhona zokutsalwa kwemali ezisebenza kwii-akhawunti zomhlalaphantsi (ii-RA).
Two-pot system ‘softens the damage’ of annual withdrawals
Even after fully depleting the savings component each year, a hypothetical member fares better in Alexforbes’ model than under its previous-system scenario.
Regulation 28: What the fact sheet tells you and what it leaves unanswered
Asset-allocation percentages provide a starting point, but assessing issuer concentrations and overlapping holdings requires more detailed evidence than a fund fact sheet can provide.
ConCourt clears pension obstacle in divorce redistribution claims
Following its 2023 judgment, the Court has removed the separate exclusion that prevented pension interest from being considered in qualifying post-1984 marriages.
Momentum Corporate to acquire full ownership of Verso
The deal gives Momentum full ownership of the retirement fund administrator despite Verso’s recent losses, with scale and complementary businesses central to the rationale.
Housing purpose alone does not secure a pension-backed loan
The Adjudicator upheld a fund’s reliance on affordability requirements but cautioned it about poor service delivery and delayed communication.
Retirement fund fees: Is cheaper really better?
The developing FSCA value-for-money approach puts costs alongside investment performance, service quality, governance, and member outcomes.
OPFA: Trustees can’t outsource death-benefit decisions to formulas
The determination highlights the need for independent judgment, proper investigation, and clear reasons when allocating benefits among dependants.
What if? The R69.7bn question behind the PIC’s Isibaya portfolio
A BER analysis finds that the same cash flows could theoretically have produced R69.7bn more in the bond market, while highlighting the limits of comparing returns with developmental objectives.
Unpaid contributions: what ‘doing enough’ looks like for trustees
An IRFA panel says trustees need clear escalation processes and persistent oversight to turn section 13A compliance into meaningful recovery action.
