LETTER: Confucious says get your pension funds in order
Institutional investors have stated objectives and payments to make
17 September 2020 - 13:59
Ndabe Mkhize’s article refers (“Institutional investors have financial might to change mindsets and investment patterns (https://www.businesslive.co.za/bd/opinion/2020-09-14-institutional-investors-have-financial-might-to-change-mindsets-and-investment-patterns/)”, September 14).
Institutional investors, such as defined benefit pension funds, have an obligation to pay promised pensions on time and with a degree of certainty. The same applies to other institutional investors such as insurance companies and charities — they have stated objectives and payments to make...
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