Good for climate, good for you
A couple of years ago, your clients were petrified that government would force their retirement funds to direct a big slice of their accumulated savings towards public sector infrastructure projects, using some-or-other form of prescribed assets regulation. This fear has since dissipated thanks to National Treasury’s more flexible approach to retirement funding asset allocation, as set out in regulation 28, which allows retirement fund trustees to steer up to 45% of assets under management towards infrastructure projects.