How the FSCA spent your levies
Levies from the financial services sector contributed R837 million (2020: R827m) to the FSCA’s revenue of R927m (R926m) in the year to the end of March 2021, according to the authority’s annual report. […]
Industry News
Financial sector still bearing brunt of liquidations
The financial, insurance and real estate sector has seen highest number of liquidations in the year to date – even exceeding those in the hard-hit accommodation and catering sector. This is according to […]
Financial sector still bearing brunt of liquidations
The financial, insurance and real estate sector has seen highest number of liquidations in the year to date – even exceeding those in the hard-hit accommodation and catering sector. This is according to […]
Active managers outperform broad S&P index in first half of this year
Slightly more than half of local equity managers outperformed the S&P South Africa Domestic Shareholder Weighted Capped Index during the first six months of this year. This is according to the SPIVA Scorecard […]
Active managers outperform broad S&P index in first half of this year
Slightly more than half of local equity managers outperformed the S&P South Africa Domestic Shareholder Weighted Capped Index during the first six months of this year. This is according to the SPIVA Scorecard […]
Satisfaction with medical schemes at six-year low – more members likely to buy down or opt out
As medical schemes announce their benefit changes and premium increases for 2022, the findings of a survey suggest that a significant number of members will move to lower-cost options or change medical schemes. […]
SA doesn’t need more than 50 retirement funds, says Sanlam’s Gluckman
David Gluckman, the chairperson of the Sanlam Umbrella Fund, the third-largest umbrella fund in South Africa, has backed calls by National Treasury and Finance Minister Enoch Godongwana for greater consolidation in the retirement-funding […]
SA doesn’t need more than 50 retirement funds, says Sanlam’s Gluckman
David Gluckman, the chairperson of the Sanlam Umbrella Fund, the third-largest umbrella fund in South Africa, has backed calls by National Treasury and Finance Minister Enoch Godongwana for greater consolidation in the retirement-funding […]
Sanlam pushes assets managed by black-owned firms to R1.15 trillion
The inclusion of Sanlam Investments swelled the assets under management (AUM) of black-owned management companies to R1.15 trillion in June, from R667.8 billion in June last year. This is according to 27four Investment […]
Sanlam pushes assets managed by black-owned firms to R1.15 trillion
The inclusion of Sanlam Investments swelled the assets under management (AUM) of black-owned management companies to R1.15 trillion in June, from R667.8 billion in June last year. This is according to 27four Investment […]
Vaccination works, Momentum’s death claims data shows
Unvaccinated people are significantly more at risk of severe illness and death than those who are fully vaccinated against Covid-19, death claims data from Momentum Life Insurance has shown. Stephen van Niekerk, head […]
Vaccination works, Momentum’s death claims data shows
Unvaccinated people are significantly more at risk of severe illness and death than those who are fully vaccinated against Covid-19, death claims data from Momentum Life Insurance has shown. Stephen van Niekerk, head […]
Kganyago pushes for inflation target of 3%
The SA Reserve Bank should set an inflation target of 3% or 4%, and the failure to lower the target band to 2–4% – as intended – was “a major policy mistake”, says […]
Big jump in risk policy purchases while lapses fall
More South Africans are realising the value of life cover, with purchases of risk policies up significantly in the first six months of this year, while there has been a marked reduction in […]
Big jump in risk policy purchases while lapses fall
More South Africans are realising the value of life cover, with purchases of risk policies up significantly in the first six months of this year, while there has been a marked reduction in […]
Update on Sasria claims
National Treasury has reiterated that the government will ensure that Sasria can meet its claims obligations. Treasury deputy director-general Ismail Momoniat told the Money Show on Tuesday: “Right from the start, the president […]
Update on Sasria claims
National Treasury has reiterated that the government will ensure that Sasria can meet its claims obligations. Treasury deputy director-general Ismail Momoniat told the Money Show on Tuesday: “Right from the start, the president […]
