By understanding these aspects, the trustees, assisted by the employee benefits consultant and the sponsoring employer organisation, can make informed decisions regarding a possible restructuring or establishment of their retirement fund.
Since 2015, NAMFISA has issued draft standards and regulations under the FIM Bill and the FIM Act to the Industry for comment.
Bank of Namibia (BoN) Governor Johannes !Gawaxab has cautioned against excessive regulation, warning that stringent policies could hinder economic growth and drive businesses into the informal sector...