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The ABCs of regulatory compliance

25 April 2016 | General

We live in an increasingly litigious society whereby people who are in positions of influence will be held accountable for their actions if they act in an improper manner. This is becoming very evident in South Africa. We already have the Consumer Protection Act (CPA) which gives increased powers to consumers who purchase physical goods. We are also seeing a wave of regulatory reform set to hit the financial services industry in the coming years.

Fundisa education fund awards bonus of R5.4 million in 2015

21 April 2016 | Association for Savings & Investment SA (ASISA)

The Fundisa education unit trust fund distributed a bonus payment of R5.4 million in 2015 to boost the higher-education savings of more than 26 000 beneficiaries from lower-income families by 25%.

Pension fund enforced a defective court order

21 April 2016 | PFA - Pension Fund Adjudicator

A “large and experienced” player in the pension industry should have known better than to have enforced a defective court order, says the Pension Funds Adjudicator.

How to stay on a sound financial footing in tough times

19 April 2016 | Association for Savings & Investment SA (ASISA)

As the cost of living continues to soar, the biggest financial mistake you can make is failing to acknowledge that you might be at risk of becoming over-indebted, says the Association for Savings and Investments of South Africa (ASISA).

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