NICK VAN RENSBURG: Time to rethink the regulation 28 limit
Raising offshore investment allowance of retirement funds from 30% to 45% led to negative outcomes
Controversial regulation 28 changes came into effect in February 2022, allowing SA retirement savings funds to increase their offshore allocation from 30% to 45%.
This led to a range of negative outcomes, which were probably not intended or expected at the time...
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