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Life insurance members of the Association for Savings and Investment South Africa (ASISA) settled 94.1% of death claims under individual life, credit life, funeral, and universal life policies in 2025, paying beneficiaries R44.2 billion in benefits.
Corporate governance is not just a regulatory checkbox for pension funds; it is the foundation on which financial stability, ethical conduct, and member trust are built. In South Africa, where pension benefits often represent the largest single asset for many individuals, effective governance is essential to ensure that retirement funds fulfil their long-term promise.
The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when dealing with individuals impersonating Ms Maya Fisher-French (Ms Fisher-French) and Mr Bruce Whitfield (Mr Whitfield).
In only its second year of operation, the National Financial Ombud Scheme (NFO) has channelled an extraordinary R442.9 million back to financial consumers, eclipsing the R328.5 million recovered in its inaugural year.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?