Thread by @fscasouthafrica

Panel 2 is underway. With a focus on "Costs & their implications on retirement savings"

Panelists:
Wilma Mokupo (FSCA)
Mabatho Seeiso
Rowan Burger (ASISA)
Steven Nathan (10x Investments)
Kirshni Totaram (Coronation)
Nerina Visser (etfSA)

#FSCA #RFcon19

Mabatho Seeiso takes delegates at #RFcon19 through the impact of costs on retirement funds

@10Xinvestments's Steven Nathan is up next. He explains why costs matter to both fund managers and investors. "There's an issue of finite returns and infinite costs that need to be balanced."

#RFcon19

Mr Nathan gives us a breakdown of what members pay in Standalone Funds is 15% admin fees, 6% to consulting fees and 79% investment management. Raises two problems:

1. Total fees are too high.
2 Fees allocation misaligned to member value.

#RFcon19

Coronation Fund Managers' Kirshini Totaram provides her inputs next.

She defines the term "value for money" in the retirement industry.

"Today, value is a 3-D issue. Not just return on investment net cost but social and governance stewardship of those assets"

#RFcon19

Totaram notes that the investment environment has been tough, but funds have tried their best to manage costs and generate returns for members #RFcon19

@Nerina_Visser takes over the baton on the topic of costs implications on retirement funds.

She looks at how index-tracking investments can be more cost efficient for members.

#RFcon19

Rowan Burger discusses Costs and their Implications on Retirement Savings and views on these costs. #RFcon19 #FSCA

Panel 3 “Transformation in the retirement Funds Industry”
Facilitator - Fatima Vawda, Founder & Managing Director of 27four Investment Managers
Panelists: Naheem Essop (FSCA)
Kgomotso Ramokala (Anglo Platinum)
Jan Mahlangu (Batseta)
Leon Campher (ASISA)
#RFcon19 #FSCA

Fatima Vawda and the panelists discussing the road to transformation and how the #FSCA is monitoring compliance during this time.
#RFcon19

Adv Dube Tshidi on the Evolution of the Regulator.

#FSCA #RFcon19