Pension Funding in South Africa 2017

  • ID: 4367930
  • Report
  • Region: Africa, South Africa
  • 117 pages
  • Who Owns Whom
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  • Allan Gray (Pty) Ltd
  • NBC Holdings (Pty) Ltd
  • MORE
The South African Pension Funding sector:

Members of the Association for Savings and Investment South Africa (ASISA) managed total assets worth R8.6-trillion in 2015, according to the Association’s latest Annual Review published in 2015. The South African retirement industry today manages assets of around R1.8-trillion. This excludes the Government Employees Pension Fund (GEPF) with assets under management of more than R1.6-trillion.

A Well-Regulated Sector:

A key stakeholder in the pension funding sector is Government which, through National Treasury, the South African Revenue Service (SARS) and the South African Reserve Bank (SARB), seeks to promote a stable macroeconomic environment through the implementation of sound fiscal and monetary policies. The Financial Services Board (FSB) is another important stakeholder with the Registrar of Pension Funds who oversees compliance with legislation that regulates non-banking financial institutions.

A Challenging Environment:

Despite the sound regulatory environment and the active promotion of good governance, analysts believe that only 6% of the population will have enough money to retire comfortably, without having to change their standard of living. Financial illiteracy remains a challenge that prevents citizens from preparing adequately for retirement and the worsening economic climate seems set to make saving even more difficult. The issue of transformation, which has been hampered by a shortage of skilled professionals, and of effective corporate governance to ensure the implementation of sustainable and responsible investment, are also important developments in the pension funding sector.

Report Coverage:

The detailed Pension Funding report focuses on currents conditions as well as developments in the industry, including National Treasury’s pension reforms that could stimulate the development of innovative retirement products. Included are profiles for 27 companies ranging from well-known companies such as Coronation Fund Managers Ltd and Allan Gray (Pty) Ltd, to relative newcomer Truffle Asset Management (Pty) Ltd which was recently nominated for the 2017 Morningstar Fund Awards as one of South Africa’s top three fund houses with a smaller fund range.
Note: Product cover images may vary from those shown
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  • Allan Gray (Pty) Ltd
  • NBC Holdings (Pty) Ltd
  • MORE
1. Introduction

2. Description of the Industry
2.1. Industry Value Chain
2.2. Geographic Position

3. Size of the Industry

4. State of the Industry
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.2. Enterprise Development and Social Economic Development
4.3. Continental
4.4. International

5. Influencing Factors
5.1. Economic Environment
5.2. Infrastructure Spend and Government Initiatives
5.3. Input Costs
5.4. Labour
5.5. Technology, Research and Development (R&D) and Innovation
5.6. Environmental Concerns

6. Competition
6.1. Barriers to Entry

7. Swot Analysis

8. Outlook

9. Industry Associations

10. References
10.1. Publications
10.2. Websites

Company Profiles
Afrimat Ltd
Afrisam (South Africa) (PTY) Ltd
Bontebok Limeworks (PTY) Ltd
Cape Lime (PTY) Ltd
Idwala Industrial Holdings Ltd
Kerneos Southern Africa (PTY) Ltd
Lafarge Industries South Africa (PTY) Ltd
Mamba Cement Company (Rf) (PTY) Ltd (The)
Npc-Cimpor (Rf) (PTY) Ltd
Pbd Holdings (PTY) Ltd
Ppc Ltd
S A Lime and Gypsum (PTY) Ltd
Saint-Gobain Construction Products South Africa (PTY) Ltd
Sephaku Holdings Ltd
Specialty Minerals South Africa (PTY) Ltd
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  • Allan Gray (Pty) Ltd
  • Cadiz Asset Management (Pty) Ltd
  • Prescient Investment Management (Pty) Ltd
  • Absa Asset Management (Pty) Ltd
  • Stanlib Asset Management (Pty) Ltd
  • Prudential Portfolio Managers (South Africa) (Pty) Ltd
  • Old Mutual Investment Group (Pty) Ltd
  • Sanlam Multi Manager International (Pty) Ltd
  • Momentum Outcome-Based Solutions (Pty) Ltd
  • Futuregrowth Asset Management (Pty) Ltd
  • Taquanta Asset Managers (Pty) Ltd
  • Foord Asset Management (Pty) Ltd
  • Coronation Fund Managers Ltd
  • Alexander Forbes Investments Ltd
  • Investec Asset Management (Pty) Ltd
  • Oasis Group Holdings (Pty) Ltd
  • NBC Holdings (Pty) Ltd
  • Argon Asset Management (Pty) Ltd
  • Sygnia Asset Management (Pty) Ltd
  • Marriott Asset Management (Pty) Ltd
  • Public Investment Corporation SOC Ltd
  • Aluwani Capital Partners (Pty) Ltd
  • Truffle Asset Management (Pty) Ltd
  • Kagiso Asset Management (Pty) Ltd
  • Mergence Investment Managers (Pty) Ltd
  • Sesfikile Capital (Pty) Ltd
  • Mazi Asset Management (Pty) Ltd
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