Transcription of Charges in South African retirement funds - …
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Charges in South African retirement funds - …
Technical Discussion Paper A for public comment Charges in South African retirement funds 11 July 2013 National Treasury 2 Contents Contents .. 2 1. Introduction .. 3 Executive Summary ..4 2. Background .. 15 The South African retirement landscape ..15 What are Charges and how are they measured? ..22 Next steps ..27 3. Non-commercial funds .. 28 Drivers of fund costs and Charges ..28 Charges in non-commercial retirement funds ..32 International comparison ..32 Draft policy options ..34 4. Commercial umbrella funds .. 36 Drivers of fund costs and Charges ..37 Charges in commercial umbrella funds ..40 International comparison ..42 Draft policy options ..42 5. retirement annuity and preservation funds .
Technical Discussion Paper A for public comment Charges in South African retirement funds 11 July 2013 National Treasury │2│
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