ASISA Membership

As a unified body mandated by the majority of companies active in South Africa’s savings and investment industry, ASISA is committed to representing its members in discussions and negotiations with regulators, policy makers and other stakeholders such as intermediaries, the media and consumers. It is also our objective to engage pro-actively with these stakeholders on issues of importance to the industry.

In addition, ASISA offers all its members a powerful forum where issues of mutual interest and concern can be raised and solutions found. The structure of ASISA, through its various committees, enables members to engage with each other on an equal footing irrespective of size.

The following categories of membership are available:

Membership fees must be paid.

VOTING MEMBERS

Qualifying criteria & Membership fees

  • Companies regulated by the FSB that offer savings and investment products and/or manage assets of R5-billion or more.

There is currently a minimum fee:

  • R337,236 multi product providers
  • R148,384 for single product providers

The minimum fee will be reviewed annually by the ASISA Board.

Membership fees are calculated as follows:

The greater of the minimum fee OR a percentage of the Assets Under Management (AUM) plus a percentage of the Premium Income (PI).  The percentage will be determined by the ASISA board on an annual basis.

View list of members here

NON-VOTING MEMBERS

Qualifying criteria & Membership fees

  • Companies regulated by the FSB that offer savings and investment products and/or manage assets of R1-billion or more.

There is currently a minimum fee:

  • R101,171 for multi product providers
  • R47,213 for single product providers

The minimum fee will be reviewed annually by the ASISA Board.

Membership fees are calculated as follows:

The greater of the minimum fee OR one third of the percentage applicable to Voting-Members on Assets Under Management (AUM) plus a percentage of the Premium Income (PI).  The percentage will be determined by the ASISA board on an annual basis.

  • Foreign Collective Investment Schemes not controlled by a local organization.  The Chair of ASISA’s Foreign Collective Investment Schemes Standing Committee will automatically have a seat on the Marketing & Distribution Board Committee.
    • The 2013 annual membership fee is a minimum of R14,832 plus an additional annual amount for every fund registered.
  • Outsourced Service Providers and Investor Services Divisions of the custodian banks.
    • The 2013 annual membership fee is R146,832.
  • Any institution or individual involved in a business activity which is complementary to the business of the Association; it may include actuarial and investment consultants, accountants, lawyers, information providers, industry service providers, industry switches and software firms.
    • The 2013 annual membership fee is R24,719.

View list of members here