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The fastest-growing umbrella fund in South Africa – the Sanlam Umbrella Fund – has called on the employee benefits industry to consider a model similar to the Effective Annual Costs (EAC) standard introduced by the Association for Savings and Investment South Africa (ASISA) for retail investment products earlier this year.
How to ensure the best fee structure for your company umbrella fund.
There is very little that can be said about the current times that we are living in that we haven’t heard before.
In a dramatically changing world of employee benefits, one of the greatest challenges facing the industry, which is supposed to be providing those benefits, is the fact that employees simply do not trust the supposed experts in the way that they used to.
The strongest deterrent against FSP compliance missteps is or should be: