Latest news update March 2019
Latest News Update February 2019
UPDATE ON DEFAULT REGULATIONS EFFECTIVE 1 MARCH 2019
We have previously communicated on the default regulations that are set to be implemented with effect from 1 March 2019. In general, default options are automatic choices made on behalf of members who do not exercise an alternative choice.
The new default regulations are aimed at promoting good fund governance and improving the retirement outcomes of retirement fund members and prescribe the requirements for default investment portfolios, default preservation and annuity strategies.