COFI is changing the FSCA before it changes the industry
The Authority is adapting its supervisory model, regulatory framework, and systems to support an outcomes-based approach to conduct regulation.
#SelectCommitteeonFinance
Pension increases under scrutiny as GEPF assures MPs of strong finances
The Select Committee also raised concerns about PIC oversight, unlisted investments, and benefit administration.
SASRIA grows profits and capital base as it targets R30bn reserves by 2029
The insurer says reinsurance protection has increased significantly, and it has secured full reinsurance for 2026/27 for the first time in three years.
Treasury pushes back against increasing taxes on higher-income earners
Deputy DG Christopher Axelson tells Parliament Treasury will prioritise improved revenue collection and closing loopholes rather than further rate increases.
Treasury favours conditional access to retirement pot for retrenched workers
It is also open to discussions on letting members transfer all their vested savings into their retirement and savings components.
ASISA says its members are working flat out to be ready for ‘two pots’
DA MP takes Old Mutual to task for comments suggesting the 1 September implementation date ‘may slip’.
