Industry
admin2023-05-30T13:25:30+00:00[/fusion_builder_column] Industry [/fusion_builder_column] Members are the whole reason behind retirement funds. It is their details that are recorded, their contributions that are received and their assets that are invested. They need clear communication in order to make informed choices relating to opportunities such as [...]
Legislation
admin2023-05-30T13:25:31+00:00Legislation The main statutes governing the retirement funds industry are the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Act, the Retirement Funds Act, the Income Tax Act and the Financial Intelligence Act.Retirement Funds Act, 2014 (Salient Points)Appointment and functions of Regulatory AuthorityThe Minister of Finance appoints the [...]
You and Your Retirement Plan
admin2023-05-30T13:25:32+00:00You and Your Retirement Funds [/fusion_builder_column] Many people are dependent on their company retirement fund for their future financial well-being. For most people their retirement fund represents their biggest saving. Sadly most people do not make an effort to understand the benefits they or their dependants [...]
Retirement Plans
admin2023-05-30T13:25:33+00:00Retirement Plans Retirement funding in Botswana is a relatively new concept in the formal sector, although, as stated in the ‘history of retirement funds’ section, it has always been there in an informal way, e.g. by investing in children and cattle. The more modern and formal way of retirement funding is [...]
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