| Week |
Topic |
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Week 33
25-29 Aug |
The National Social Security System (NSSS) will not come into effect as soon as people had expected. Still in the discussion stages, the NSSS is aimed at pulling all South Africans into the savings net. Looking at different models around the world, one question now being raised is, given South Africa’s highly sophisticated retirement savings environment, would there be an opt out clause for the savings component within the NSSS for those who are members of retirement funds administered by the private sector? Join David Williams as he talks to David Gluckman, Managing Director of Sanlam Umbrella Solutions. |
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Week 32
18-22 Aug |
What does the upcoming IRF (Institute of Retirement Funds) conference hold in store for the industry?
Guest: Ruwaida Kassim, CEO of the Institute of Retirement Fundings |
Week 31
11 - 15 Aug |
The principles of creating a private retirement fund in the corporate world are easy enough – one mainly has to make sure that the staff has adequate retirement benefits, but what are the objectives of a national savings scheme and how are these to be met?
Guest: Rowan Burger of the Actuarial Society of South Africa |
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Week 30
4-8 Aug |
Pension fund reform is a long and tricky process. How have other developing economies dealt with it? This week we looked at the Mexican model.
Guest: David O'Brien, Head of Retirement Reform at Old Mutual |
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Week 29
28 July -
1 Aug |
We return to the Sanlam EB Symposium and hear more on replacement ratio. People expect to pull in the belt once they retire, but many retirees, particularly those in the higher LSM's will be living at a significantly reduced income level, some on as little as 28% of what they would have earned in their productive years because of poor saving habits.
Guest: Elias Masilela of Sanlam Employee Benefits |
Week 28
21 - 25 July |
Presently South Africa has a savings rate of 13.7 percent. A year ago, it stood at 15.1 percent. Current research shows that the majority of South Africans will retire with insufficient resources and in order for people to retire comfortably they may have to save an extra 25 percent of their income.
Guest: Mmakgoshi Phetla, CEO of the South African Savings Institute |
Week 27
14 - 18 July |
The economy has taken a turn for the worse. What does this mean for retirees?
Guest: Ulrich Joubert from Kruger International |
Week 26
7 - 11 July |
Costs are going up and the total retirement provision is down to 10.9% from 11.5% three years ago. Also alarming is that the majority of South Africans will live on less than half their working income when they get to retirement. And this bodes ill for the middle to low income earners. Is there a solution?
Guest: Paul Myeza, MD of Sanlam Group Risk |
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Week 25
30 June -
4 July |
People are not saving enough for their retirement and contributions from both companies and individuals are lessening. This is just one of the outcomes of the Sanlam Survey on Retirement Funds that Dawie de Villiers (CEO of Sanlam Structured Investments) and Giulietta Talevi discussed. People are taking more cash in their packages, but this does not mean that they are saving more - how does this look for their future? |
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Week 24
19-27 June |
The Sanlam Symposium on Retirement Benefits is being held in various SA centres and kicked off in Johannesburg on Wednesday, 18 June 2008.
This week we have the Symposium guest speaker, SA born Dr David McCarthy, Senior Lecturer in Finance at the Tenaka Business School at Imperial College, London. He takes a long hard look at the proposed National Social Security System (NSSS). |
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Week 22
& 23
9-18 June |
For the past 27 years Sanlam has been running the Sanlam Retirement Survey, one which takes into account the trends and direction of the SA retirement industry. The results of the survey was released at the annual Sanlam EB Symposium. This week we looked at what could be expected from the survey and also at the focus of this year's symposium "guiding the way in uncertain times."
Guest: Robert Roux, CEO of Sanlam EB. |
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Week 21
2-6 June |
Compulsory retirement savings have replaced discretionary savings in South Africa to a large extent. Giulietta Talevi discusses this topic with Professor Niek Schoeman of the Department of Economics at the University of Pretoria. |
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Week 20
26-30 May |
Giulietta Talevi talks to Ruwaida Kassim from the Institute for Retirement Funding about why communication in the retirement fund industry is still not where it should be, and why they are hosting another "communications challenge". |
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Week 19
19-23 May |
With over 10 000 complaints clogging up the Pension Fund Adjudicator's office, something had to be done.
Giulietta Talevi talked to the adjudicator Mamodupi Mohlala about the plans to help streamline the process. |
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Week 18
12 - 16 May |
We looked at the information we received from our trustees and the way in which it is presented
Guest: Michael Sarris, Regional Head of financial planning consultants at Alexander Forbes Financial Services |
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Week 17
5-9 May |
We looked at a recent study that looked at how the poor prepare for old age.
Guest: Mark Napier, CEO of Finmark. |
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Week 16
29 April-2 May |
This is a rebroadcast of the show flighted on Monday, 21 April 2008.
The role of a transition manager in taking care of a fund is crucial when a fund is being moved from one fund manager to another. But what does the task entail?
Guest: Dr Jaco Maritz of Cadiz Transition Management Services |
Week 15
21 - 25 April |
The role of a transition manager in taking care of a fund is crucial when a fund is being moved from one fund manager to another. But what does the task entail?
Guest: Dr Jaco Maritz of Cadiz Transition Management Services |
Week 14
14-18 Apr |
This week we looked at the concept and the practice of Group Risk insurance.
Giulietta Talevi talked to Jennifer Masterson of the Infinit Group about why risk benefits should not be housed within retirement savings vehicles. |
Week 13
7-11 Apr |
Disgruntled retirement savers with complaints at the office of the Pension Funds Adjudicator now top 10,000.
Giulietta Talevi speaks to Mamodupi Mohlala, the Pension Funds Adjudicator who has been in office for nearly a year, about her strategy to deal with the growing problem. |
Week 12
31 Mar - 4 Apr |
The Pension Funds Act became law in 1956. Since then, pension funds established by bargaining council were exempted from its provisions. From 1999, new pension funds established by bargaining councils were required to register in terms of the Pension Funds Act and comply with its provisions. Those pension funds established by bargaining councils before that date remained exempted. This exemption was removed with effect from 13/09/2007 and pension funds established by bargaining councils are now regulated in terms of the Pension Funds Act.
What does this mean for the pension fund environment?
Guest: Adv. Sandile Khumalo, Director of Hunter Employee Benefits Law (Pty) Ltd |
Week 11
25 - 28 Mar |
Where does one turn when the current market volatility threatens to play havoc with one's investments?
Guest: Peter Pyburn, an independent financial advisor |
Week 10
17 - 20 Mar |
You may very well be financially prepared for retirement and quite prepared to organise money matters, but at the end of all the years going to the office and operating in the business world are you emotionally prepared?
Guest: Retirement Coach Lynda Smith from The Retirement Network |
Week 9
10 - 14 Mar |
This week we brought you the first episode on post retirement planning.
Guest: Trevor Abromowitz from Alexander Forbes Financial Services |
Week 8
3 - 7 Mar |
Two weeks ago we looked at a discussion document on institutional investments, called "Whose Money is it Anyway?" They talk about the management of investments and how much more vigorous should one be in this process.
Guest: Rob Rusconi |
Week 7
25 - 29 Feb |
We looked at what this year's budget holds for pension fund members.
Guest: Anton Swanepoel, legal adviser at Sanlam Investment Management |
Week 6
18 - 22 Feb |
With the budget in just a few days the jury is out on its content. Given the current financial situation in the country it is bound to be an interesting one - but what could it hold in store for the retirement industry? Granted there was huge tax relief last year- so is there anything else that government can do to ease the lives of retirees?
Guest: Craig Aitchison, Head Old Mutual Actuaries and Consultants |
Week 5
11 - 15 Feb |
"Whose money is it anyway?" We take a look at the way investments are managed and put some pertinent questions to trustees and asset managers.
Guest: Rob Rusconi |
Week 4
4 - 8 Feb |
As knowledge of retirement industry activities increases among employees, trustees need to make sure that they can answer the increasingly more sophisticated questions that members are asking.
Guest: David Weil, of Investment Consulting and Trustee Services |
Week 3
28 Jan - 1 Feb |
The Surplus issue continues to raise questions of which many are difficult to answer.
Guest: Rowan Burger of Alexander Forbes |
Week 2
21 - 25 Jan |
The role that annuities play in your retirement planning.
Guest: Nico Coetzee of PPS Investments |
Week 1
14 - 18 Jan |
The Retirement industry promises to be a busy one in 2008 and this week Elias Masilela of Sanlam gives us some idea of what to expect. |
