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The Association for Savings and Investment South Africa (ASISA) and its members support meaningful changes to the current retirement system that are aimed at strengthening preservation of savings, while at the same time providing a manageable solution to emergency access to savings.
The local Collective Investment Schemes (CIS) industry reported net inflows of R13.69 billion in the first three months of this year, taking to R203.83 billion the total net inflows for the 12 months to the end of March 2021.
The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion last year – the highest ever in the industry’s 55 year history.
Policyholders and beneficiaries received claims and benefit payments worth R522.7 billion from South African life insurers in 2020.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?