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
AHFoZ said this while responding to proposed amendments to the Ipec Bill, which would transfer regulatory oversight of medical aid societies to the Insurance and Pensions Commission.