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A high number of complaints and lack of service

10 November 2016 | PFA - Pension Fund Adjudicator

The retirement industry has been in the spotlight a lot this year with the media highlighting some of the challenges that the industry needs to overcome if it is to become world class.

Unit trust industry celebrates R2 trillion in assets under management

09 November 2016 | Association for Savings & Investment SA (ASISA)

The local Collective Investment Schemes (CIS) industry doubled its assets under management to a record R2 trillion at the end of September 2016 in just over four years. At the end of the first quarter 2012 assets breached the R1 trillion mark for the first time.

Protect your family against financial ruin by closing your death and disability cover gap

09 November 2016 | Association for Savings & Investment SA (ASISA)

Every day in South Africa an average of 383 families will lose a loved one while an additional 127 people will suffer a permanent disability. Unfortunately, these tragedies will leave many of the affected households financially destitute given that the majority of South African earners are underinsured by 59%.

FSB warns the public against State Life (Pty) Ltd

08 November 2016 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Services Board (FSB) would like to warn the public not to conduct financial services business or invest funds with State Life (Pty) Ltd (State Life) and/ or its representative and key individual Mr Thapelo Jacob Macholo (FSB NO: 41897).

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

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