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Policyholders and beneficiaries receive R469 billion in benefit payments

14 March 2018

South African life insurers injected R469 billion into the economy last year through benefit payments to policyholders and beneficiaries. Total benefit payments increased by an inflation beating 10% from 2016.

Fundisa closes to new investors

28 February 2018

The Fundisa education unit trust fund has been closed with immediate effect to new investors by the Association for Savings and Investment South Africa (ASISA) in consultation with the founding partners.

ASISA meets with the FSB on the future impact of regulation

26 February 2018

One of the major concerns when it comes to regulatory reform is that the wave of regulatory change that the Financial Services Board (FSB) wants to enact will cause unintended consequences within the financial services industry.

Cautious investors take wait and see approach in interest bearing portfolios while equities reward resilience

15 February 2018

The local Collective Investment Schemes (CIS) industry attracted healthy net inflows of R134.5 billion in 2017, ending the year with assets under management of R2.25 trillion.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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