Institute of Retirement Funds Africa (IRFA) Conference

Nancy Andrews

Nancy is a highly respected legal practitioner and, with more than 25 years’ experience in the financial services industry and is a recognised authority in the field of retirement funds, life insurance, investments, and tax. Complimenting her B. Proc degree, Nancy also holds post-graduate Diplomas in Tax, Money Laundering Control, Compliance Management, Interpretation and Contract Drafting and Pensions Law. As General Legal Counsel and Head of Legal of Discovery Corporate & Employee Benefits and Discovery Invest, Nancy oversees all legal, compliance, insurance, and tax matters, ensuring seamless business operations within an ever-evolving regulatory landscape.

Nancy is a member of the International Pension & Employee Benefits Lawyers Association; a member and Executive Director on the Board of the Institute of Retirement Funds Africa (“IRFA”). She is also the Chairperson of the IRFA’s Legal and Technical Committee and a member of the ASISA Tax, Retirement Reforms and Group Insurance workgroups. Her dedication extends far beyond her current roles, having served as a past President of the Pension Lawyers Association of South Africa. Nancy is also a sponsor appointed Trustee and has been the past Principal Officer of Discovery’s retirement funds. Nancy has been instrumental in building and maintaining relationships with key organisations on behalf of the retirement fund industry and Discovery, including the South African Revenue Service (SARS), the Financial Sector Conduct Authority (FSCA), the Prudential Authority, the National Treasury (NT), and the Office of the Pension Funds Adjudicator (OPFA). She also represents the IRFA in consultations with NT, SARS, and the FSCA and presents to Parliament’s Standing Committee on Finance on tax and retirement fund Bills that are tabled. Nancy is also a frequent speaker  on retirement fund issue at various international conference.

Nancy has been extensively involved in the development and landscaping of legislation relating to the two-pot retirement system and other pensions and tax reform changes. Her combined expertise, collaboration skills, and industry involvement make her a driving force in shaping legal and regulatory developments within the South African financial services sector.