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04 Our Governance a Principles 1–4
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Principle 4

Reporting

The Board ensures external reports enable stakeholders to assess how the Fund creates, preserves, and erodes value over the short, medium, and long term.

Outcomes supported

Performance and Value Creation
Conformance and Prudent Control
Legitimacy

The requirements of this principle are achieved because the Fund has the following in place:

Reporting oversight

Reporting responsibilities delegated to ARC, which scrutinises financial reports and oversees external audit; Finance Committee reviews and approves audited financial statements.

Reporting frameworks and standards

The Fund's reports – the Annual Integrated Report and a separate ESG/Sustainability Report – are prepared with reference to GRI Standards, King IV™/V™, the UK Corporate Governance Code, the International Integrated Reporting Framework, NSSF Act Cap 230, IFRS and the UN SDGs.

External audit opinions

Unqualified audit opinions maintained consistently, most recently from KPMG for FY2025/26 and FY2024/25.

Integrated reporting excellence

Recognition at the South African Corporate Governance Awards for integrated reporting excellence, including the Governance Report.

Regional recognition

Winners of the Chartered Governance Institute of Southern Africa, Integrated Reporting Regional African award for multiple years.

Area for future focus


Progress voluntary adoption of IFRS S1/S2; expand external assurance over sustainability disclosures.

Up nextPrinciple 5: Composition of the Board

NSSF Integrated Report 2026

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NSSF Integrated Report 2026

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01

Report Overview

02

Our Business

03

Our Strategy

04

Our Governance

05

Our Sustainability

06

Our Performance

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