Pension Funding in South Africa 2017

  • ID: 4367930
  • Report
  • Region: Africa, South Africa
  • 117 pages
  • Who Owns Whom
1 of 4

FEATURED COMPANIES

  • 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.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • 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
4.1.3. Enterprise Development And Social Economic Development
4.2. Continental
4.3. International

5. Influencing Factors
5.1. The National Social Security Fund
5.2. Economic Environment
5.3. Retirement Reform
5.4. Technology, Research And Development (R&D) And Innovation
5.5. Labour
5.6. ComplaintSAnd The Office Of The Pension FundSAdjudicator
5.7. Fraud
5.8. Environmental, Social And Corporate Governance

6. Competition
6.1. Barriers To Entry

7. Swot Analysis

8. Outlook

9. Industry Associations

10. References
10.1. Publications
10.2. Websites
Appendix 1
Kinds Of Funds Subject To The Pension FundSAct
Appendix 2
Top 100 Fsb-Registered Funds In 2015 Ranked In Order Of Number Of Members
Appendix 3
Top 100 Fsb-Registered Funds In 2015 Ranked By Total Assets
Company Profiles
AbSA Asset Management (PTY) Ltd
Allan Gray (PTY) Ltd
Aluwani Capital Partners (PTY) Ltd
Argon Asset Management (PTY) Ltd
Cadiz Asset Management (PTY) Ltd
Coronation Fund Managers Ltd
Foord Asset Management (PTY) Ltd
Futuregrowth Asset Management (PTY) Ltd
Investec Asset Management (PTY) Ltd
Investment Solutions Ltd
Kagiso Asset Management (PTY) Ltd
Marriott Asset Management (PTY) Ltd
Mazi Asset Management (PTY) Ltd
Mergence Investment Managers (PTY) Ltd
Momentum Outcome-Based Solutions (PTY) Ltd
Nbc Holdings (PTY) Ltd
Oasis Group Holdings (PTY) Ltd
Old Mutual Investment Group (PTY) Ltd
Prescient Investment Management (PTY) Ltd
Prudential Portfolio Managers (South Africa) (PTY) Ltd
Public Investment Corporation Soc Ltd
Sanlam Multi Manager International (PTY) Ltd
Sesfikile Capital (PTY) Ltd
Stanlib Asset Management (PTY) Ltd
Sygnia Asset Management (PTY) Ltd
Taquanta Asset Managers (PTY) Ltd
Truffle Asset Management (PTY) Ltd
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • 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
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll