Mboweni wants to encourage pension funds to invest in infrastructure
The move would require an amendment to regulation 28 of the Pension Funds Act which governs investments made by pension funds
25 June 2020 - 21:10
UPDATED 26 June 2020 - 10:21
Finance minister Tito Mboweni supports the idea of pension funds being allowed to invest in infrastructure.
He said in a reply to a question by DA finance spokesperson Geordin Hill-Lewis on Thursday that this would require an amendment to regulation 28 of the Pension Funds Act which governs the way pension funds invest in various classes of assets...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now