Think Tank September 2007
Many of the latest scandals in the retire- ment fund industry like Fidentia, bulking etc. have stemmed from a failure in gover- nance. The Financial Services Board (FSB) believes these scandals could have been avoided if strong, accountable Boards of Trustees had been in place....
Think Tank June 2007
RisCura is often asked to pitch to retire- ment funds that are considering using the servicesofaninvestmentconsultant.Small funds in particular, see investment consul- tants as an expensive luxury, given the high fixed costs of administering and managing a retirement fund. The Afrikaans idiom “goedkoop is duurkoop” comes to mind. Boards of Trustees...
Think Tank March 2007
We’ve been in the thrust of a great bull market and pension funds with clever asset strategies should be smiling. It’s a hard market to stay sane in. Pension funds will do well to keep rebalancing and stay focused on their long-term strategies....