As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Showers late. High level clouds. Mild.
The Eskom Pension and Provident Fund has told Fin24 that it directed its attorneys to act in line with the ruling of the North Gauteng High Court, confirming that Molefe has less than a week to pay up.
The head of South Africa's largest state pension fund, Abel Sithole, has said the fund remains financially sound and employers would not need to increase contributions, despite concerns raised by Alexander Forbes Financial Services in a valuation.
A new Bill that wants to give greater power to the National Assembly to appoint the chair of the Public Investment Corporation (PIC) will be tabled in parliament soon.
Government can expect a huge pushback from members and pensioners of the Government Employees Pension Fund (GEPF) if their money were to be used for an SAA bailout, says the DA.
Jeanette Marais, director of distribution and client service at Allan Gray, answers questions about retirement annuities in Part 5 of our Retirement Guide.
In the process of changing jobs and need to move your money out of your company's pension fund? Considering cashing it out? Read the expert advice in Part 2 of our Retirement Guide.
President Jacob Zuma has signed the Revenue Laws Amendment Act into law to postpone annuitisation for provident funds, the National Treasury has announced.
The new South African tax legislation has left many locals concerned. Has the outcry been a storm in a teacup? Schalk Louw, portfolio manager at PSG, weighs in.
The PIC, which manages nearly R2tr in pension fund money, often gets criticised for its dealings. finweek puts the investment manager under the microscope.
In the fifth episode of the “Change in your pocket” series by BrightRock, financial journalist Maya Fisher-French discusses how saving more can lead to tax break benefits for retirement.
The total value of pension funds in SA is over R4 trillion and a new government policy around prescribed assets could unlock this pot of gold for the government to use for investments.
Embattled former Eskom CEO Brian Molefe faces a new challenge after the High Court rejected his application to appeal a decision forcing him to pay back part of his R30m pension windfall
Public Enterprises Minister Lynne Brown has in court documents denied receiving a letter written in November 2015 that set out former Eskom boss Brian Molefe's highly controversial pension package.
Retirement security in the US has taken a significant hit in a global ranking, falling three notches to No. 17 among 43 developed countries.
The monitoring group that oversees the Government Employees Pension Fund (GEPF) is up in arms over a proposal that the Fund invest in so-called education bonds.
Elders from the Eastern Cape have been sitting tight in a Cape Town church for over a month. They are waiting for government to help them obtain pension funds.
It is not so much a question of active or passive fund mangement as broadening the definitions of active to make it more effective at an earlier stage, says an adviser.
Controversial new pension laws only apply to money saved from 1 April this year, says Finance Minister Pravin Gordhan.
Twenty percent of the time an excessive gift or unethical or illegal activity will secure a job in the financial services sector, says an industry expert.
Don't know where to start? Here are 3 very effective ways in which you can save up for retirement.
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