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The local Collective Investment Schemes (CIS) industry reported net inflows of R21 billion for the second quarter of this year, bringing total net inflows for the 12 months to the end of June 2022 to R110 billion.
The Office of the Pension Funds Adjudicator (“OPFA”) was established with a mandate to ensure a procedurally fair, economical and expeditious resolution of complaints.
Boards of pension funds must often decide between whether to pay a benefit that is due to a minor beneficiary directly to their guardian or whether the benefit should be paid into a beneficiary fund.
Are financial advisers ready for the combined impact of COFI and AI?