Pension funds and capital market development in Africa: The role of institutional quality
This study investigates the effect of pension funds (PF) and institutional quality (IQ) on capital market development in 48 African countries. Using a system GMM regression, the study found that the interaction between PF and IQ significantly negatively ...
Kathryn A.A.O Assefuah +3 more
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This paper looks at how politics play out when considering who qualifies to claim when distributing pension benefits to beneficiaries particularly those who claimed to be cohabiting. Against this backdrop, previous decisions of the pension adjudicators were examined and the politics inherent in those decisions were articulated.
Lufuno Nevondwe, Kola O. Odeku
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Cohabitation: A nightmare on the allocation and distribution of death benefits in terms of section 37C of the South African pension funds Act 24 of 1956 [PDF]
The South African pension funds benefits are part of social security, as stipulated in Section 27 of the Constitution, an initiative that is a mechanism that enables people to escape destitution. The criterion for entitlement of death benefits in terms of Section 37C of the Pension Funds Act is dependency.
Lufuno Nevondwe, Mashele Rapatsa
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The need to provide members of retirement funds which are not regulated by the Pension Funds Act access to a specialised dispute resolution forum [PDF]
This paper discusses the disparity in the manner in which retirement funds members regulated by the Pension Funds Act ("PFA") and those not covered by the PFA are treated in relation to the process they need to follow to resolve their retirement funds related complaints. In particular, this paper argues that there is no rational basis for not extending
Clement Marumoagae
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Examining the provision of pension death benefits to co-habitees or life partners under the South African Pension Funds Act of 1956 [PDF]
The purpose of this article is to reflect on the determination in Chittenden and demonstrate its significance to the emerging jurisprudence on South African pension law relating to death benefits. Although Chittenden dates back 5 years ago, it remains important to discuss it and others for the following reasons.
Mtendeweka Mhango
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South African Social Security and Retirement Reform: A long journey towards the redrafting of the new Pension Funds Act [PDF]
This article discusses the South African Social Security and Retirement Reform that will be the guidelines towards the promulgation of the new Pension Funds Act. The proposals were supposed to be implemented in 2010 and this is no longer possible as the third discussion paper has not yet been issued.
L. Nevondwe
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Does freedom of testation supersede the powers of the board of trustees to allocate a death benefit in terms of section 37C of the South African Pension Funds Act, 24 of 1956? [PDF]
This article outlines the procedures that are followed in the distribution and payment of death benefits. It further outlines the provisions of section 37C of the South African Pension Funds Act, 24 of 1956, which takes into account the wishes of the deceased in the nomination form when allocating a death benefit.
Lufuno Nevondwe +2 more
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Surplus? What surplus? Did the pension funds second amendment act achieve its aims
The Pension Funds Second Amendment Act, 2001 required funds to provide statutory minimum benefits for exiting members and pensioners. Any surplus arising at the statutory valuation following the promulgation of this Act was to be distributed—initially to former members and pensioners to top up their benefits to the statutory minimum, and then ...
Davis, R W D, Kendal, S
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The distribution and payment of a death benefit in terms section 37C of the South African Pension Funds Act, 24 of 1956 [PDF]
This paper discusses the distribution and payment of the death benefit in terms of section 37C of the Pension Funds Act. The distribution of benefits payable on the death of a member of a pension fund is regulated by section 37C of the Pension Funds Act. This section was introduced primarily to ensure that death benefits are paid in accordance with the
L. Nevondwe
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Impact Of Retirement Benefit Act (RBA) On Investment Returns To Pension Funds In Kenya
This study focused on the analysis of the impact of RBA guidelines on the return on investments of both pension funds under management and those for pension schemes. A random sample of 175 fund trustees and a census of 13 fund managers from registered fund management companies participated in the survey.
Jepchoge, Lucy Rono +2 more
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