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Today's Trustee

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Tel: +27 (0) 11 887 1250
Fax: +27 (0) 86 508 1528
P O Box 774
Northlands 2116
South Africa

Today’s Trustee is a quarterly published glossy A4 magazine, launched in March 2005 to:

  • Uniquely capture the core target market of ‘new generation’ retirement-fund trustees empowered by law to make decisions on the investment of R1,3 trillion in national savings;
  • Promote empowerment by broadening the base of financial literacy and skills;
  • Heighten awareness of shareholder activism for the mass of investors to make their influence felt by the exercise of their rights; 
  • Facilitate public communication between asset managers and their retirement-fund clients;
  • Enhance financial transparency and corporate accountability.

Company Press Releases »

Icon Ethics to the fore
14 Nov 16 | Read More »
A unique initiative is underway at the Gordon Institute of Business Science. TT caught up with Gideon Pogrund, director of the Ethics & Governance Think Tank.     Allan Greenblo, Editorial Director Today’s Trustee       TT: ...
Icon Pension Fund Trustees and Personal Liability
01 Nov 16 | Read More »
Still want to be a trustee? Then go for it, provided you can take heat like the ’IF Four’       Allan Greenblo, Editorial Director Today’s Trustee       This should hardly be a question, but put ...
Icon Credit ratings and pension funds
20 Oct 16 | Read More »
The pockets of everybody will be hit hard, and the poor hardest, by a downgrade of SA’s sovereign credit to junk. ASISA warns on the key numbers.     Allan Greenblo. Editorial Director Today’s Trustee       Risks ...
Icon Financial media no longer able to play strongly supportive role that King code once considered imperative
11 Oct 16 | Read More »
    Allan Greenblo, Editorial Director Today’s Trustee       As corporate SA prepares to accommodate the fourth incarnation of the King governance code, which this time embraces not only companies but also retirement ...
Icon Right of Reply - SNPF Curator states his case
26 Sep 16 | Read More »
Comments by Tony Mostert* in response to the cover story in the TT edition of Dec ’15-Feb ’16 which argued that the 13-year curatorship of the SA Commercial, Catering & Allied Workers Union national provident fund (SNPF) was long enough. The duration ...
Icon Could the litigation by Transnet Pensioners derail Transnet?
29 Aug 16 | Read More »
    Allan Greenblo, Editorial Director Today’s Trustee       So you thought that the class action launched by two pensioners – against the Transport Pension Fund, Transnet Second Defined Benefit Fund and Transnet ...
Icon GEPF in firing line over withdrawal benefits
10 Aug 16 | Read More »
Members invited to participate in Solidarity litigation       Allan Greenblo, Editorial Director Today’s Trustee       Trade union Solidarity is preparing to launch a class action against the Government Employees ...
Icon Pension Funds Survey – Union Sensitivities should be recognised
04 Aug 16 | Read More »
    Allan Greenblo, Editorial Director Today’s Trustee       The annual Sanlam ‘benchmark’ surveys are a service to the retirement-fund industry. The constant theme in fresh research predictably underlines ...
Icon From small acorns . . .
18 Jul 16 | Read More »
Or, in the case of African Rainbow Capital, not so small. An oak could be in the making.     Allan Greenblo, Editorial Director Today’s Trustee       Come with a fresh concept, backed by talent that’s supported ...
Icon The lone Hunter and the de-registration of dormant pension funds
05 Jul 16 | Read More »
The stage set for the pension-fund regulator’s saga. A complex trial beckons. Depending on the outcome, the ramifications could be wider than a narrow employee-employer dispute.     Allan Greenblo, Editorial Director Today’s Trustee       Financial ...
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From The Glossary »


Surrender Value:

The surrender value of a policy is the value that the assurer is prepared to pay out to the policyholder on early termination of the policy contract. Penalties are associated with early termination of the contract, which are designed to encourage the policyholder to honour the terms of the contract until maturity, reduce the amount paid out on early surrender to below the actual intrinsic fund value of the policy. In addition termination of the contract ...
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