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Pension fund reform is crucial in an environment of persistently low interest rates

28 July 2020 | All

A Group of 30 report, published late last year, estimates that the world’s top economies will face a pensions shortfall of just over $5 trillion by 2028 and $15.8 trillion by 2050. It is anticipated that this shortfall will be even greater given the impact of the COVID-19 pandemic once this report is updated. The likelihood is that the pandemic has brought the crunch-point forward for many retirees.

Professional membership will matter more going into the new normal

28 July 2020 | All

No one can fully imagine the new world we will enter when the Covid-19 pandemic is over. We can try, we can speculate and use what is true today as a guide for what tomorrow will look like.

Building a business legacy takes planning

28 July 2020 | All

Running a successful business takes a sizeable financial investment. However, many business owners fail to plan for what happens should they die, become disabled or lose one of their key employees because of these very reasons.

Will today’s repo rate cut save already cash strapped consumers?

24 July 2020 | All

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) announced another rate cut of 25 basis point rate this afternoon which most economists predicted. This comes after the SARB has already cut rates to 275 basis points so far this year in an attempt to assist cash strapped consumers.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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