Unpaid contributions: what ‘doing enough’ looks like for trustees
An IRFA panel says trustees need clear escalation processes and persistent oversight to turn section 13A compliance into meaningful recovery action.
BHF: CMS’s contribution guidance could create unrealistic expectations
The industry body says the 3.8% benchmark does not fully reflect the utilisation and underlying healthcare-cost pressures that schemes face.
Standards will usher in fuller reporting on fund finances, investments, and ESG
Retirement funds will face expanded annual and quarterly reporting, while boards remain responsible for setting ESG mandates and overseeing how asset managers implement them.
FSCA flags unauthorised operators and impostors
The latest batch of public warnings covers investment solicitations, unauthorised financial services, and alleged false claims of association with legitimate firms.
The AI token: the tiny unit behind a trillion-dollar bet
Understanding tokens helps explain not only the rising cost of using AI, but also the assumptions behind the enormous investment in AI infrastructure.
FSCA explores value-for-money framework for retirement funds
The regulator is looking to international models as it seeks a more consistent way to assess member outcomes, costs, and investment performance.
Are trustees looking at the real cost of retirement-fund fees?
Initial cost comparisons can obscure how fees linked to assets, salaries, or membership grow over time, potentially producing sharply different outcomes.
OPFA signals tougher action against non-compliance
The Pension Funds Adjudicator plans to use its powers more assertively against employers, funds, and responsible persons who ignore complaints or fail to co-operate.
Mental well-being linked to two-pot withdrawals
Discovery’s research points to a complex relationship between mental well-being, financial behaviour, and retirement savings withdrawals.
ASISA: Transformation Fund should build on what is already working
The savings and investment industry says it supports transformation but warns that a proliferation of overlapping policy frameworks could undermine gains already achieved.
Three FSPs sanctioned over FICA compliance failures
The sanctions cover a range of shortcomings, from deficient RMCPs and customer checks to sanctions screening, registration, and failures to provide information.
Families’ post-death pressures widen the estate planning conversation
Capital Legacy’s research shows how liquidity gaps, complex administration, and inadequate information can affect families after a death.
OM Bank grows rapidly as investment phase continues
Customer numbers are expected to pass one million this month, while Old Mutual targets a monthly break-even by 2028 as it builds scale.
Old Mutual’s new-business growth masks mixed trends
Large corporate risk sales boosted the headline figures, while Wealth Management recorded higher living annuity and endowment sales and guaranteed annuity sales declined.
Underground banking becomes ‘money laundering as a service’
The FATF warns that professional networks are combining informal value transfers with regulated financial platforms and new technologies to move illicit funds across borders.
Sound judgement needed as retirement industry enters a new normal
New IRFA chairperson Nancy Andrews says the industry must look beyond immediate developments and focus on responsible stewardship, sound governance, and long-term outcomes for members.
FSCA withdraws My Wealth Dias penalty and Coetzee debarment
The regulator will refer Banks Act findings to the Prudential Authority and reconsider action against Charl Coetzee in light of additional information.
Santam’s Lloyd’s bet faces R550m loss as revenue lags costs
Santam’s new Lloyd’s syndicate is expected to post a loss of up to R550m in 2026, even as group earnings and international premium growth remain strong.
