Big Business Insights: The key to managing risks to your retirement savings
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Big Business Insights
Everyone at the helm of a business, whether a large corporate or a small or medium-sized enterprise, wants to take the right decisions for their businesses to grow and their people to thrive. Join Old Mutual Corporate’s Malusi Ndlovu as he talks to different experts to answer some of the questions you may have and help you to take informed decisions.
S1 EP3: The key to managing risks to your retirement savings
Retirement funds use risk-sharing to spread out risk to ensure members of outcomes that are as consistent as possible. It is a particular feature of smoothed bonus funds that are designed to protect members and their pensions against market slumps. Fred van der Vyver, Old Mutual’s Head: Group Retirement and Guaranteed Solutions, explains how this works.
Everyone at the helm of a business, whether a large corporate or a small or medium-sized enterprise, wants to take the right decisions for their businesses to grow and their people to thrive. Join Old Mutual Corporate’s Malusi Ndlovu as he talks to different experts to answer some of the questions you may have and help you to take informed decisions.
S1 EP3: The key to managing risks to your retirement savings
Retirement funds use risk-sharing to spread out risk to ensure members of outcomes that are as consistent as possible. It is a particular feature of smoothed bonus funds that are designed to protect members and their pensions against market slumps. Fred van der Vyver, Old Mutual’s Head: Group Retirement and Guaranteed Solutions, explains how this works.
Chapters
- 00:04 Introduction
- 00:36 Meet our guest, Fred van der Vyver, Old Mutual’s head of group retirement funds
- 00:41 What risk-sharing means and how smoothed bonus funds use risk-sharing
- 03:12 What is the connection between risk-sharing and the size of a retirement fund?
- 04:53 How are defined benefits different or the same as defined contributions in the retirement world?
- 08:04 What is the difference between defined benefit and defined contribution funds?
- 11:04 How are retirement fund outcomes managed in other countries?
- 16:25 How can we move closer to replicating successful retirement funds in other countries in South Africa?
- 19:51 What are the role of guarantees in relation to retirement funds?
