Alexander Forbes launches new Fund
Thursday, August 26, 2010
The Fund was registered with and approved by the relevant authorities in Botswana, which include the Non-Bank Financial Institutions Regulatory Authority and Botswana Unified Revenue Service.
The A53 has been introduced to further augment existing vehicles for investing towards building a retirement saving. The A53 is a flexible form of retirement fund that allows encashment of contributions and investment returns when a member resigns, retires or dies. It also enables companies and employees to make voluntary contributions, which can run parallel with their existing pension fund arrangement to further augment retirement savings.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...