New pension changes proposed for South Africa

[BusinessTech]

New pension changes proposed for South Africa

The National Treasury has published amendments to Regulation 28 of the Pension Funds Act for public comment.

 

[rvZA]

I do not want my money in any pension fund locally in SA. I will invest my own money abroad, thanks.

 

[supersunbird]

Not the change I'd want, which would be that 50% can be overseas.

 

[Pegasus]

Good luck to anyone working on this project at the asset managers.

“The revised definition is that infrastructure is ‘any asset class that entails physical assets constructed for the provision of social and economic utilities or benefit for the public’.”