Here’s what changes in Regulation 28 of the Pension Fund Act – #KayaBiz
Natasha Archary The proposal to amend the Pension Fund Act came after Tito Mboweni delivered the National Budget Speech on 23 February. Releasing the amendments for public comment has meant that many South Africans are worried their retirement, provident, and pension funds will be mismanaged. This after National Treasury indicated its intention to have pension funds invest in infrastructure projects. Summary of the reform 1. Provident funds […]