Pension funds, insurers lack funds to adopt IFRS 17
Ipec gave funeral assurers up to September to adopt IFRS 17 or possibly face penalties.
By Belinda Chiroodza and Tafadzwa Mhlanga
7h ago
Funeral assurers get ultimatum over IFRS 17
Despite the challenges faced by funeral assurers, Muradzikwa praised the broader industry for its proactive approach to IFRS 17.
By Melody Chikono
Jul. 5, 2024
Zafa moves to comply with prescribed asset status
Speaking at its annual general meeting on Wednesday in Harare, Zafa outgoing president Arthur Mukasi noted that the environment was not conducive for prescribed assets.
By Belinda Chiroodza
Jul. 5, 2024
Ipec cracks whip on errant pension funds
Muradzikwa asked for patience as the commission engaged players to map a way forward.
By Melody Chikono
Jul. 1, 2024
Ipec sets aside US$500k for pension loss compensation
Smith’s commission blamed the value erosion largely on poor regulatory enforcement and demonetisation of the local currency.
By Melody Chikono
May. 26, 2024
Pensions sector shrinks by 50%: Ipec
Highlights on growth trends show that since 2020, the pension industry assets have been declining together with a number of active pension schemes.
By Melody Chikono
May. 21, 2024
First Mutual withdraws lawsuit against Ipec
In December, FML received a corrective order from Ipec based on the findings of the report conducted by BDO Chartered Accountants.
By Melody Chikono
May. 17, 2024
Insurance and pensions industry’s contribution to economic growth
The industry directly impacts the economy through the following:
By Ronald Zvendiya
May. 12, 2024
Currency conversion, compensation framework for lost pension values
These regulations set up a framework for compensation of pensioners who were prejudiced by the loss of value in the hyperinflationary environment.
By Nobert Phiri
Apr. 26, 2024
