CFA Society South Africa Retirement Reform Workshop

CFA Society South Africa 3rd Annual Retirement Reform Workshop in collaboration with IRFA 

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 2023 report, South Africa ranked 38 out of 47 retirement income systems globally.
The objective of the industry-wide workshop was to consider how the industry can contribute to long term sustainability of the SA Pension fund. 
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
  • FSCA
  • ASSA
  • GIBs Business School
  • Alexander Forbes
  • etfSA Portfolio Management Company
  • NMG Benefits