CRAIG GRADIDGE: Could a revised regulation 28 be the end of the trend in multi-asset funds?
There is no need for investors to make changes at this stage because changes are not yet in place
01 September 2020 - 05:09
Regulation 28 of the Pension Funds Act has been in the news recently since the ANC put the idea of tapping pensions to fund various projects onto the party agenda and included it in its 2019 manifesto.
The regulation sets out prudent investment limits for retirement funds and there are fears that changes may be made to force funds to invest in projects identified by the government. Returns suffered during previous periods of prescribed assets...
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