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The South African hedge fund industry grew its assets under management by a healthy R10.5 billion in the 12 months to 31 December 2014, ending the year with assets under management of R57 billion.
Companies need to assess ownership structures which can deliver a competitive edge; no more ownership window-dressing or grey areas under new codes.
2015 will see the South African financial services sector undergo major regulatory changes that are expected to ultimately improve outcomes not only for customers, but also for financial advisers, and the financial services industry as a whole.
In the wake of the recent incidents of violence and intimidation in the tow truck environment in Cape Town, the South African Insurance Association (SAIA) has categorically distanced itself, as well as the short-term insurance industry, from any acts of violence and intimidation, as it believes that violence is not a solution to challenges.
The strongest deterrent against FSP compliance missteps is or should be: