’Til death do us part … with your capital!
regulation 28 of the Pension Funds Act of1956 – designed to protect retirement savings from imprudent exposure to riskier assets, including offshore assets – has frustrated some local investors of late. Local returns have lagged offshore returns, and some have argued that a discretionary investment fully offshore would be preferable to a retirement vehicle, limited as it is by regulation 28.
However, a previous article, penned by Ninety One deputy managing director Sangeeth Sewnath, discussed
