Help us protect your pension

By filling in this form and providing us with the details of your financial advisor, we can put pressure on them to help us protect your pensions.

I want to draw you attention to the three points below:

  1. The IRR has said that the ANC is considering using private pension funds and savings to finance government projects via a scheme of prescribed assets.
  2. The IRR has further demonstrated how this may become possible under the Expropriation Bill of 2019 which is currently before Parliament.
  3. The IRR has also demonstrated that the government and the ANC have exhausted supplies of public money and are now targeting private money in order to sustain patronage networks.

You can read a more detailed analysis here.

Following from the above:

  1. How serious is the risk that my investments may be directly or indirectly affected by a prescribed assets scheme?
  2. What steps are the institution(s) managing my investments taking to mitigate the risks and safeguard my interests?

Given the extent of corruption and state capture in our country the risk of prescribed assets is something that we need to give serious attention to and something that financial institutions need to take a firm stand against.

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