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The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion last year – the highest ever in the industry’s 55 year history.
Policyholders and beneficiaries received claims and benefit payments worth R522.7 billion from South African life insurers in 2020.
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion.
The Financial Sector Conduct Authority (FSCA) warns the public to exercise caution in doing any financial business with Christian Funeral Parlour.
Are financial advisers ready for the combined impact of COFI and AI?