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South Africa’s Discretionary Fund Managers (DFM) will play an increasingly vital role to financial advisers and wealth managers as they face a barrage of increasingly complex investment decisions, a new report reveals.
South African employers are planning to increase their budgets for pay rises by 6.1% in 2023 as they try to attract and retain staff amidst high inflation and a challenging labour market, according to research by WTW, a leading global advisory, broking, and solutions company.
The strongest deterrent against FSP compliance missteps is or should be: