Year: 2019
Type: dissertation
Abstract: South African pension assets have grown astronomically over the past few decades.The implications of this phenomenon on savings, capital markets and growth in the economy are investigated in this study.The research seeks to empirically investigate the effects of pension assets through six research papers that will address this question.Chapter 1 outlines the problem statement, research objectives and significance of the study.Chapter 2 gives a historical perspective of the South African pension fund sector using secondary data and desk review of existing literature.It shows various legislative frameworks passed by the South African government, spurring reforms in the sector.Providing a descriptive review of the trends of the type and number of funds, total assets under management and legislative reforms provides evidence of the significant developments in the Glory, praise and honour be unto the Living God who has enabled me to begin and finish this journey, it is He who has carried me to the end and completion of this part of my race.There is no doubt in my mind that without Christ Jesus my Saviour, the risen King, I never would have risen to this feat.I must further thank my parents, who sowed in my heart the love for education, my dad always used to say how he wishes all his children had PhDs!Dad, here it is!Bhelekazi, who has always encouraged and checked up on me during the years to completion, ndiyabulela mama for your support.My parents through the toughest period of pursuing this doctorate encouraged me, supported me and always propelled me to continue chasing the dream.My family and siblings, nieces, nephews, cousins, aunts and uncles, always a source of encouragement, I thank you all.I wish to express sincere appreciation to Professor Sylvanus Ikhide who has travelled with me along this road.It is clear now that God used you to refine me during this journey, we moved from four to six publishable papers, deleted, erased, amended, chopped, engaged, elongated but look at the glorious outcome we have today!These papers will all be published, I guarantee it, and I have you to thank for the rigorous academic scrutiny, guidance and help which you offered me.Your invaluable insights and supervision have resulted in the output before us.I marvel at such.There are many PhD colleagues and staff members at the USB who have now become my colleagues that I wish to thank.Many have provided support, inspiration, technical inputs and guidance in this process.The Imbizo team who ignited the need for research to have strong policy ties and linkages, may this continue for African research outcomes.We need these solutions implemented on a far larger scale -my PhD in Development Finance peers and colleagues.I wish to thank the University of Stellenbosch Business School and BANKSeta who have supported me financially in the completion of the PhD.Thank you for the financial support that afforded me the opportunity to enter and remain in this programme.My
Author: Nthabiseng Moleko
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2947281234