CFA Society South Africa 2023 Retirement Reform Workshop

CFA Society South Africa 2nd Annual Retirement Reform Workshop in collaboration with IRFA and SAVCA

South Africa has a well-established retirement sector and has developed a world class regulatory framework linked to this. The Mercer CFA Institute Global Pension Index (Mecer Report) recognises these achievements and provides a gauge of how South Africa compares to the global environment. Much can be learnt from these insights, however there a very specific South African issues that need to be addressed. The Mercer Report uses three main indicators to calculate the overall scores. These are: Adequacy, Sustainability and Integrity, defined in more detail below: 
In the 2022 report, South Africa ranked 34 out of 44 retirement income systems globally.
This annual industry-wide workshop was to assist in identifying what steps could be taken to improve South Africa’s overall ranking and in so doing, improve retirement outcomes for members overall. 

The following stakeholders participated in the workshop: 
  • The Institute of Retirement Funds Africa (IRFA)  
  • The Southern African Venture Capital and Private Equity Association (SAVCA)
  • Old Mutual Corporate Consultants
  • Batseta - Council of Retirement Funds for South Africa
  • GIBs Business School
  • National Treasury
  • Alexander Forbes
  • Compensation Fund
  • ACPSA (Pty) Ltd
  • MMI Holdings
  • Metropolitan Lesotho
  • Leboka Consultancy Services
  • etfSA Portfolio Management Company
  • Mavovo Capital Partners
  • Tres Consulting
  • NMG Benefits
  • Sanlam Private Wealth