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Cancelling insurance policies not the answer to rising costs

The rising cost of living has left consumers feeling the pinch.

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Pension benefits not for cashing up

Changing jobs represents an option for employees to access their pension fund, and many of them often fall into the trap of cashing it out.

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Botswana's R102-billion pension fund appoints South African administrator

Botswana's Public Officers Pension Fund (BPOF), with 83 billion pula (R102-billion) in assets under management, has appointed South African advisory firm NMG Benefits to administrate the fund.

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Botswana's Public Officers Pension Fund appoints South African administrator

Botswana's Public Officers Pension Fund appoints South African administrator
03 June 2021 - 18:59 By Brian Benza
Botswana's financial industry has been growing in recent years to become a key driver of growth in the services sector, but the industry is still dominated by South African firms.
Image: 123RF
Botswana's Public Officers Pension Fund (BPOF), with 83bln pula (R106bln) in assets under management, has appointed South African advisory firm NMG Benefits to administrate the fund.
Effective June 2, NMG Botswana, a joint venture between BPOPF (51%) and NMG South Africa (49%), will collect contributions, manage payrolls and maintain records for the 156,000-member fund, it said late on Wednesday.

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