Recent renewed speculation in the media regarding Prescribed Assets elicited a concerned response from retirement funds and their members. It’s important to remember that some form of prescription already exists in the form of Regulation 28 of the Pension Funds Act, which prescribes asset class limits for retirement fund investments. Your Funds already comply with …
Continue reading RENEWED FEARS AROUND PENSION FUND PRESCRIBED ASSETS ARE PREMATURE

April 2020 With businesses closed during this lockdown period resulting in cash-flow and income being seriously impacted, many employers are wondering what relief measures are in place for them during this time. The government and the private sector have introduced some programmes and funds that are specifically targeted to assist organisations, employers and employees during …
Continue reading Covid-19 – Impacts and relief measures for employers and their employees – OMCC

Why have my retirement fund savings decreased so much? What is the reason for the financial market crisis? Will my retirement fund savings decrease further? Do global financial markets affect my retirement savings? When will markets recover? Should I switch to a different investment portfolio? For more questions with the answers please click below Frequently …
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The COVID-19 crisis continues to have a profound impact on financial markets.  In order to protect benefit payments during this unprecedented time, Old Mutual has taken several steps to limit the impact of this crisis on the performance of the Absolute Smooth Growth Portfolio (AGP50) and the Absolute Stable Growth Portfolio (AGP80). For more information …
Continue reading Letter Old Mutual re Absolute Growth Portfolios