THE Insurance and Pensions Commission (Ipec) has urged the pensions industry to move away from passive capital preservation and focus on generating real returns through active management and strategic diversification. In Zimbabwe, passive capital preservation is centred on protecting retirement savings from high inflation and currency depreciation, a necessary response after pension funds lost significant…
Aim higher, pension funds told
The new measures introduce stricter oversight of offshore placements, with greater emphasis on transparency, due diligence and creditworthiness.