Ipec sets aside US$500k for pension loss compensation

Smith’s commission blamed the value erosion largely on poor regulatory enforcement and demonetisation of the local currency.
By Melody Chikono May. 26, 2024

Asset management firms come under Ipec spotlight

Munjoma stated that as the regulator they lacked concrete evidence and did not consider the area regulated.
By Melody Chikono May. 24, 2024

Pensions sector shrinks by 50%: Ipec

Highlights on growth trends show that since 2020, the pension industry assets have been declining together with a number of active pension schemes.
By Melody Chikono May. 21, 2024

Zim's pension models need a revamp

In Zimbabwe, many people who have contributed to pension accounts for years end up with nothing when they retire.
By Melody Chikono May. 19, 2024

First Mutual withdraws lawsuit against Ipec

In December, FML received a corrective order from Ipec based on the findings of the report conducted by BDO Chartered Accountants.
By Melody Chikono May. 17, 2024

Pension funds numbers dip

Musevenzo said the introduction of the Zimbabwe Gold (ZiG) would preserve and stabilise the value of pensions.
By Harriet Chikandiwa Apr. 29, 2024

Currency conversion, compensation framework for lost pension values

These regulations set up a framework for compensation of pensioners who were prejudiced by the loss of value in the hyperinflationary environment.
By Nobert Phiri Apr. 26, 2024

BDO Zim at the centre of yet another accounting dispute

In a latest development, FMHL disagreed with the findings in the audit report produced by BDO.
By Melody Chikono Feb. 23, 2024

Ipec calls out funeral assurers

This comes as the sector continues to hold investments in equities, cash and money market instruments in very small proportions relative to the overall asset portfolio.
By Melody Chikono Feb. 23, 2024