Government urges pensions industry to increase uptake of prescribed assets

 

Government urges pensions industry to increase uptake of prescribed assets

Staff Writer

Harare, Government says it is keen to see the pension’s industry redirect resources that deepen the financial services sector as it urged the sector to increase uptake in prescribed assets.

The insurance and pensions industry has been saddled by investing in prescribed assets pushing to the fore the narrative

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Pensions Industry calls for confidence building in financial sector

Pensions Industry calls for confidence building in financial sector

Staff Writer

The Zimbabwe Association of Pensions Fund (ZAPF) says policies issued by regulators can either enable or disable the Pensions Industry which is a key enabler to economic growth by virtue of its ability to mobilise long-term funds.

Zapf chairperson, Rutendo Magorimbo at the on-going conference in Victoria Falls said the

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Old Mutual rolls up its sleeves for a worthy cause

Old Mutual rolls up its sleeves for a worthy cause

 Old Mutual Zimbabwe, an established financial services group handed over a lump-sum cheque to the National Blood Services of Zimbabwe (NBSZ) at Old Mutual’s Head Office, Harare.

The NBSZ is currently running a blood donation campaign to ease blood shortages in the country. In its mandate to continue improving the quality of life of patients in

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Call for adverts and news articles for the ICZ q1 2022 magazine

Dear Valued ICZ Member and Stakeholder,

The Insurance Council of Zimbabwe (ICZ) in partnership with Brandvest T/A as Insurance24, will this quarter publish the Insurance Council of Zimbabwe magazine under the theme; Insurance Gaps.

In line with the theme, the magazine will provide an in depth look into the industry and offer latest industry news on short term and reinsurance business, in-depth analysis

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Call for adverts for the ICZ first quarter 2022 magazine

Dear Valued ICZ Member and Stakeholder,

The Insurance Council of Zimbabwe (ICZ) in partnership with Brandvest T/A as Insurance24, will this quarter publish the Insurance Council of Zimbabwe magazine under the theme; Insurance Gaps.

In line with the theme, the magazine will provide an in depth look into the industry and offer latest industry news on short term and reinsurance business, in-depth analysis

Read more

Eating Only What You Kill – On Performance-Based Fees in the Pension Fund Industry!

Eating Only What You Kill – On Performance-Based Fees in the Pension Fund Industry!

Fees destroy value.

Rather put bluntly, but maybe a little bit of basic math will help justify the tone. Did you know that for every half-a-percent charge in fees a member’s accumulated retirement savings drop by a fifth by the time they reach retirement age. Put simply, if a member where to retire with $1 million

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Zim can leverage on Climate funding to mitigate climate change impact

Zim can leverage on Climate funding to mitigate climate change impact

Staff Writer

Zimbabwe can leverage on Climate and environmental risk insurance funding available on the international market to help mitigate the impacts of climate change in Zimbabwe, United Nations Development Programme has said

This comes at a time developing countries have been urged to push for unconditional access to climate

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Pension industry assured on offshore investments  

Pension industry assured on offshore investments  

Staff Writer

Insurance and Pensions Commission (IPEC) has assured the pensions industry that it will get all the necessary  support to ensure smooth cross boarder supervision  in relation to offshore  investments at a time the industry is now considering alternative  investment markets.

At a time the industry has faced major economic headwinds

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Pension Funds hedge in equities and investment properties

Pension Funds hedge in equities and investment properties

Staff Writer

HARARE, Quoted equities and investment properties have been the main drivers of growth of the Pension’s industry asset base in 2021 with quoted equities now constituting a bigger portion of the investment.

During the period these had a  combined share of 81,15% of the industry’s total assets as new contributions were  being

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Pension Funds Investing – How Long is the Long Term?  

Pension Funds Investing – How Long is the Long Term?

By Gandy Gandidzanwa & Itai  Mukadira

For many, “long-term” has remained an abstract, elusive, and rather fluid concept with no clear and universal definition. No wonder then that it occasionally gets conveniently redefined to suit a particular narrative or argument. Investment textbooks have also not helped that much in clearing the

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