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More than 37 000 policyholders, beneficiaries and investors traced and united with assets of R5.6 billion

More than 37 000 policyholders, beneficiaries and investors traced and united with assets of R5.6 billion

07 September 2017

More than 37 000 policyholders, beneficiaries and investors were traced and united with assets worth R5.6 billion in the six-month period from 1 July 2016 to 31 December 2016. As at 31 December 2016 there were 130 740 cases of unclaimed assets in long-term insurance policies and collective investment scheme portfolios worth R4.4 billion.

Don’t let criminals steal your funeral cover

Don’t let criminals steal your funeral cover

22 August 2017

Funeral insurance products are meant to pay out quickly and without hassle when you or an insured family member dies. However, unless you bought a legal funeral policy issued by a life insurance company registered with the Financial Services Board (FSB), you have no guarantee that your funeral policy will pay out.

CIS industry reports healthy net inflows of R37 billion for second quarter

CIS industry reports healthy net inflows of R37 billion for second quarter

16 August 2017

The local Collective Investment Schemes (CIS) industry ended the second quarter of this year with assets under management of R2.09 trillion. Investors committed R37 billion in net inflows to CIS portfolios during this quarter, which included R16 billion of distributions reinvested.

Living annuity drawdown rates show marginal increase in 2016

Living annuity drawdown rates show marginal increase in 2016

15 August 2017

Living annuity policyholders withdrew on average 6.62% of their capital as income in 2016, which represents a marginal increase in the 6.44% living annuity drawdown rate recorded for 2015.

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ASISA: 60% of critical illness claims made by women due to cancer

ASISA: 60% of critical illness claims made by women due to cancer

13 June 2017
ASISA expresses regret over departure of its Chairman

ASISA expresses regret over departure of its Chairman

01 June 2017
ASISA: Strong flows into local CIS portfolios demonstrate investor resilience

ASISA: Strong flows into local CIS portfolios demonstrate investor resilience

18 May 2017
Beneficiaries of underwritten life policies receive more than R13 billion in 2016

Beneficiaries of underwritten life policies receive more than R13 billion in 2016

15 May 2017
ASISA: Don’t let go of your life cover, no matter what

ASISA: Don’t let go of your life cover, no matter what

08 May 2017
S&P’s downgrade deals severe blow to South Africa’s inclusive growth and economic transformation

S&P’s downgrade deals severe blow to South Africa’s inclusive growth and economic transformation

05 April 2017
Axing of Finance Minister a huge set back for country’s economy

Axing of Finance Minister a huge set back for country’s economy

03 April 2017
Life insurers’ recurring premium business up as consumers opt for tax free savings

Life insurers’ recurring premium business up as consumers opt for tax free savings

22 March 2017
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FAnews April 2026
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