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South Africa’s recent greylisting by the Financial Action Task Force (FATF) has had significant implications for the country’s regulatory landscape, particularly in the realm of corporate governance.
Living annuity policyholders withdrew, on average, 6.6% of their invested capital as income in 2023, the lowest average living annuity drawdown rate recorded in the past five years.
The Association for Savings and Investment South Africa (ASISA) welcomes the release earlier this week by National Treasury of the long-awaited discussion document on the tax treatment of collective investment schemes (CIS).
If I were tasked with taking my firm’s customer experience (CX) to the next level, I would: