The Institute of Retirement Funds Africa (IRFA) put forward four questions to industry role players for its Analysis — Social Security and South Africa’s Retirement Funding Sector to provide in-depth consideration on the likely impact of government’s proposed social security reforms on South Africa’s retirement funding sector and present readers with a range of opinion. The following are some of the answers to the que stions.
Q1. What role do each of the various stakeholders in the retirement fund industry have in achieving a safety net that covers all South Africans, e.g. what is the role of government, the private sector and trustees of retirement funds?
Natalie Phillips, head of SA institutional at Investec Asset Management says …