Retirement funds ‘need training’ on infrastructure investment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Nigeria News News

Actuarial Society of SA says trustees need to be familiar with the new regime as infrastructure investing typically involves non-listed financing structures and can introduce greater risk

The Actuarial Society of SA has warned that retirement funds will need to train trustees in navigating the complexities of infrastructure investing after the gazetting of final amendments to Regulation 28 of the Pension Funds Act.

The amendments, which impose limits on retirement funds’ investments to protect investors from over-exposure to any one share or investment class, were published in the government gazette on July 1. They will come into effect in January 2023 to allow regulators and fund managers time to comply...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EDITORIAL | We need answers on why Bosasa finance boss got off scot-freeZondo recommended the NPA strongly consider prosecuting Bonifacio, and it did until the charges were scrapped with no explanation I dont want to hear about Zondo. I want to hear about Mrna deaths and injuries. Report on pfizerdocuments Pfizer Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: SundayTimesZA - 🏆 47. / 51 Read more »