What regulatory changes to use retirement funds to rebuild SA mean for your savings
Pension funds have a long-term interest in preserving the economic system in which they exist
21 July 2020 - 05:10
Large pension funds have a duty to consider investments that will help rebuild the country, says Elias Masilela, the new chair of Sanlam’s board and the national task force on impact investing.
Speaking at the company’s symposium on its annual Benchmark retirement fund survey, Masilela said as pension funds exist in an economic system, they have a long-term interest in preserving that system and must therefore consider investments that contribute to rebuilding SA’s economy, but not at the expense of their own growth...
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