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What is sometimes presented as a safe investment can turn out to be nothing more than a scheme that can leave an investor destitute.
More than 11 500 economically vulnerable workers from around the country have gained critically important financial literacy skills over the past three years, because their employers deployed the Saver Waya Waya WageWise programme offered by the Foundation of the Association for Savings and Investment South Africa (ASISA).
On 20 July 2018, the Financial Sector Conduct Authority (FSCA) published for comment, for a period of six weeks, a draft Conduct Standard setting out requirements for the conduct of cell captive insurance business in relation to third party risks.
The strongest deterrent against FSP compliance missteps is or should be: