Unsung heroes: Pension fund trustees have more responsibility than ever before
03 June 2013
Saving for retirement is not easy. Volatile market returns, unsuitable investment choices and excessive administration costs can erode the capital available to savers at age 65. Most of these factors are beyond the fund member’s control, which explains why pension fund trustees play such an important role in securing a brighter retirement, says Pieter Cronjé, Chair of the Employee Benefits Executive Committee, Financial Intermediaries Association of Southern Africa (FIA).