Retirement Funds

Overview

The retirement funds industry continues to be impacted by regulatory changes – these not only include enhanced financial reporting requirements and actuarial guidelines but also an increased focus on governance, risk management and compliance requirements.

We have a dedicated retirement funds industry group with extensive experience in providing services to both retirement funds and administrators. We have a considerable skills base, both in South Africa and globally, and have an in depth knowledge of the functions and operations within the Industry.

Sustainability issue

Sustainability (i.e. Environmental, Social and Governance, ESG) risks have remained at the top of identified global risks presented by the World Economic Forum (WEF) for a number of years. The level of interest in value added (or taken away) and social impact will continue to increase. Building trust through better communications may be one approach to tackle this – although it has to be remembered, “you are what you do, not what you say you do”.

In the South African context, sustainability of investments and assets in the context of a retirement fund's investment policy is a key topic, as evidenced by recent communication and guidance from the FSCA. Demonstrating the ability and appetite to focus on sustainable investment opportunities is critical to the future success of retirement funds and their credibility in the eyes of multiple stakeholders.

Refer Sustainability page for our range of services.