
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.

The savings and investment industry says it supports transformation but warns that a proliferation of overlapping policy frameworks could undermine gains already achieved.

The misalignment between the FSC benchmarks and stricter government employment equity targets is set to increase the transformation pressure on life offices and asset managers.

Challenges remain with the representation of black people in executive director roles, ASISA’s latest transformation report shows.

Life offices and asset managers exceed B-BBEE ownership targets, but face hurdles with employment equity targets, ASISA report finds.