Global Equity markets continued their rally in December (the MSCI World Index was up +4.2% in USD), but a stronger rand weighed against SA investors’ international investments. In rand terms global equities were down 1%. Despite expectations that global economic output will shrink by 4.4% in 2020 and worries about an acceleration in global COVID-19

The annuitisation of provident funds is the result of Government’s policy to help members secure a better income after retirement. To promote this, provident funds will be treated more like pension and retirement annuity funds. There has long been concern that provident funds not being subject to annuitisation rules has been a major cause of

This Political Research Note was prepared by JP Landman in his personal capacity. JP is an independent political and economic analyst. COVID-19 VACCINE SUPPLY – 21 JANUARY 2021 A proverbial storm has developed around South Africa’s procurement, or the perceived lack thereof, of Covid-19 vaccines. People are understandably anxious. JP Landman compiled this note from

Reminder to all our Provident fund clients to ensure that their February contributions are received and allocated before the 28th of February 2021. By now you are all aware of the important implications for provident fund members when legislation around the annuitisation of provident funds becomes effective 1 March 2021. To ensure that you optimise