National Treasury has maintained its ban on retirement funds investing in crypto assets and set a 45% limit on the portion of assets that can be allocated to infrastructure investments.
The measures are contained in the final amendments to Regulation 28 of the Pension Funds Act, published in the government gazette on July 1, come into effect in 2023 after two rounds of public comments in 2021. The act limits and clarifies the extent to which retirement funds can invest in particular asset classes or individual assets...
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