We have a lot to be grateful for when it comes to the global porn industry. This sounds a bit strange, but think about it. Thanks to porn we have access to streaming video, online payment systems and live video chat. Colette Symanowitz takes a deeper look into the extent of this industry on the web.
Since we are in the process of retirement reform in South Africa, we are very keen to see what we can learn from the UK Pensions Regulator and whether we can successfully apply certain aspects in our own retirement fund industry. The regulator identified six principles and 21 quality features relating to the design, governance and other features which, if present in a defined contribution (DC) retirement fund, are more likely to result in a good outcome for its members.
Markets work, for all participants and on a sustainable basis, if they meet the needs of these participants. To do this, they must align interests. Microeconomic theory rests on the assumption that this is how markets work. This article argues that institutional investment markets are not sufficiently characterised by clean, effective information flows, or by pricing structures that align interests.
Evaluating “value added” in the fund management industry is a daunting task: complicated by the shrill voices of many vested interests all focused on their own objectives: ■ Politicians take positions to increase their popularity. ■ Regulators want a dense lattice work of rules to clean up the inevitable failures in the market. ■ Consultants […]
We need to start thinking about growth in broader, longer and more qualitative terms as opposed to the narrow prescriptions of GDP