Sup­port­ing best prac­tices in the re­tire­ment in­dus­try

Mail & Guardian - - Irfa - Alf James

The IRFA Best Prac­tice Awards Pro­gramme, which started off as a com­mu­ni­ca­tion chal­lenge, is now 30 years old and has grown to re­flect in­dus­try best prac­tices on an in­ter­na­tional scale. With that in mind the SABC Pen­sion Fund stepped up in sup­port of the pro­gramme by pro­vid­ing spon­sor­ship for the awards pre­sen­ta­tion that was held at IRFA’s an­nual con­fer­ence in Dur­ban early in Septem­ber 2017.

“As the SABC Pen­sion Fund, we be­lieve that the IRFA’s Best Prac­tice Awards pro­gramme pro­motes sound and sus­tain­able prac­tices in the in­dus­try in re­la­tion to gover­nance, stake­holder en­gage­ment, in­vest­ment, fi­nan­cial re­port­ing, trans­for­ma­tion and trustee de­vel­op­ment,” says An­thony Williams, chief ex­ec­u­tive of the SABC Pen­sion Fund.

“All funds are en­cour­aged to en­ter the pro­gramme and share their prac­tices with the in­dus­try at large, which is of ut­most im­por­tance in terms of knowl­edge trans­fer,” he adds.

The awards are hotly con­tested and sought, with a judg­ing panel that fea­tures sub­ject mat­ter ex­perts and in­dus­try thought lead­ers. En­tries are at­tracted from across the spec­trum, from smaller funds to su­per­funds. En­tries also re­flect con­tri­bu­tions from re­tire­ment funds in­volved in mem­ber com­mu­ni­ca­tion and ed­u­ca­tion, in an en­vi­ron­ment in which mem­bers work in many dif­fer­ent lo­ca­tions and are rarely to­gether in one place.

The sta­tus of the awards is re­in­forced by the fact that many of the awards win­ners have gone on to en­ter and win ma­jor in­ter­na­tional awards. One such win­ner is the SABC Pen­sion Fund.

“We have been ex­tremely for­tu­nate that the SABC has been awarded five pres­ti­gious in­ter­na­tional awards this year, and there­fore it is im­per­a­tive that we sup­port the 2017 IRFA Best Prac­tices Awards in the in­ter­ests of rais­ing the stan­dard in the in­dus­try for the ben­e­fit of both mem­bers of re­tire­ment funds and so­ci­ety at large,” says Williams.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.