Forced consolidation looming: Ipec warns small pension funds
The regulator first proposed consolidation three years ago but has seen little progress, with 80% of pension funds still using expensive imported IT systems.
By Mthandazo Nyoni
11h ago
Ipec to set up universal IT system: Official
Currently, players spend over US$2 million annually maintaining unused systems.
By Melody Chikono
Oct. 11, 2024
Govt eyes strategic collaborations with pension industry
The deputy minister said pension funds could invest in initiatives aimed at revitalising and modernising the country’s current and future strategic industries.
By Melody Chikono
Oct. 10, 2024
Ipec wields hammer over pension fund trustees
Pension funds have a board of trustees appointed or elected to manage a fund on behalf of and for the benefit of fund members.
By Melody Chikono
Oct. 9, 2024
Insurers invest US$300m in sustainability, climate projects
The investments in are agriculture, infrastructure and biological assets, among others.
By Melody Chikono
Sep. 17, 2024
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 pensioners: So rich, yet so poor
Ipec director pensions and life assurance supervision Cutherbert Munjoma said inadequacy of contributions is one of the sticking issues.
By Melody Chikono
Oct. 29, 2023
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