News
Simeka Update: The two-pot retirement system progress
More information about the draft legislation in the pipeline that introduces the two-pot retirement system. Read more...
Simeka – Economic Commentary October 2023
Monetary conditions tightened in September 2023 and financial markets responded by contracting. The Chicago Federal Reserve’s National Financial Conditions Index reveals the extent of the tightening. Read more...
Section 37C of the Pension Funds Act – Duties of the board of management in distributing a death benefit
Section 37C of the Pension Funds Act 24 of 1956 (the Act) deals with the distribution and payment of death benefits upon the death of a member of a retirement fund. It was introduced primarily to ensure that death benefits are paid in accordance with the object of the...
Simeka: Markets at a Glance as at September 2023
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read more
Simeka: Markets at a Glance as at August 2023
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read More...
The Two-Pot Retirement System: An update from Sanlam Corporate
From 1 March 2024, a member’s Fund Credit and their future contributions will be reclassified into a ‘vested pot’, ‘emergency savings pot’ and ‘retirement pot’. We will change all Fund Credit records on our administration system to this new naming convention from 29...
Simeka: Markets at a Glance as at July 2023
This publication provides a monthly review of major indexes, important macroeconomic indicators and an overview of the highs and lows of the stock market for the period. Read more...
Simeka Investment Notes – April 2023
In January 2023, Principal Investment Consultant Marcus Rautenbach shared his expectations of financial markets for 2023 and he updated them in April 2023. Halfway through 2023, he evaluates his initial expectations to see where he is on the mark and where he is off...
Simeka Economic Commentary – July 2023
In Simeka’s July Economic Commentary, Marcus Rautenbach comments on the volatility of the rand followed by South Africa’s stratagems in the geopolitical world. The domestic economy remained under pressure as consumers soaked up the strain of higher inflation, interest...