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To access historical Media Releases see below:
Life insurers report fewer cases of non-disclosure, but rampant fraud proves a challenge for funeral insurance
09 December 2019
South African life insurers detected 3 708 fraudulent and dishonest claims to the value of R1.06 billion in 2018. read more
Investors continue to favour interest bearing portfolios over equities
12 November 2019
South African investors committed R48 billion in net inflows to local Collective Investment Schemes (CIS) in the third. read more
Classification of SA hedge funds underway
10 October 2019
South African hedge fund managers have begun the process of categorising their hedge fund portfolios in line with the provisions. read more
South African earners under 40 most likely to be underinsured
29 October 2019
South African income earners under the age of 40 are far more likely to face a substantial life and disability shortfall than. read more
South Africa’s life and disability insurance gap widens to R34.7 trillion in 2018
29 October 2019
The average South African income earner had a combined life and disability cover shortfall of at least R2.2 million at the end of. read more
Fully underwritten individual life policies pay a record R15.1 billion in claims in 2018
26 August 2019
Beneficiaries received more than R15.1 billion from South African life insurers last year, following claims against fully. read more
Local CIS investors take cautious approach, opting for interest bearing over equities
20 August 2019
The local Collective Investment Schemes (CIS) industry completed the second quarter of this year with assets under management. read more
Umbrella funds to disclose costs at individual member level from next year
05 June 2019
Members of umbrella retirement fund solutions will be able to assess the total impact of charges on their individual retirement. read more
ASISA Board appoints new Chair and Deputy Chair
03 June 2019
The Board of the Association for Savings and Investment South Africa (ASISA) has appointed Thabo Khojane, Managing Director. read more
ASISA members unite customers, beneficiaries and heirs with unclaimed assets worth R8.1 billion in 2018
23 May 2019
Members of the Association for Savings and Investment South Africa (ASISA) united policyholders, beneficiaries. read more
A solid first quarter for local collective investment schemes
14 May 2019
The local Collective Investment Schemes (CIS) industry reported strong net inflows of R52.8 billion in the first quarter of this year. read more
ASISA Retirement Savings Cost Disclosure Standard developed to build trust through meaningful disclosure
11 April 2019
ASISA has taken note of a number of media reports published over the past week, quoting one source who implied that the. read more
Local CIS industry shoulders tough markets, attracts net inflows of R93.5 bn
14 February 2019
The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with. read more
Life Insurers Report A Spike In Fraudulent Death Claims For 2017
12 December 2018
South African life insurers foiled a total of 5 026 irregular claims to a value of R1.13 billion in 2017. read more
Honesty Upfront Ensures Hassle-Free Insurance Claims
14 November 2018
The inevitable tightening of the belt that is currently facing many consumers, may make it tempting to try and get cheaper. read more
CIS Investors Undeterred By Volatility, Committing R54 Billion In Third Quarter
13 November 2018
Seemingly undeterred by stock market volatility, a troubled economy and the turmoil in emerging markets, local investors. read more
Policyholders And Beneficiaries Receive R63.7 Billion In Death, Disability And Critical Illness...
11 September 2018
South African life insurers paid R63.7 billion to individuals who had experienced death, disability or a severe illness in their. read more
Living Annuity Drawdown Rate Remains Stable At 6.6%
05 September 2018
Living annuity policyholders managed to keep the average drawdown rate practically unchanged at around 6.6% for two. read more
Local CIS Industry Grows Investor Assets To R2.3 Trillion
06 August 2018
Investors committed a healthy R26 billion in net inflows to the local Collective Investment Schemes (CIS) industry over. read more
Employers Collaborate To Equip Thousands Of SA’s Most Vulnerable Earners With Financial Skills
01 August 2018
More than 11 500 economically vulnerable workers from around the country have gained critically important financial literacy. read more
Life Insurers Paid 99.3% Of Underwritten Life Policy Death Claims Worth R14.4 Billion Last Year
06 June 2018
Life insurers paid 99.3% of all claims against fully underwritten life policies last year, resulting in benefit payments of. read more
ASISA Foundation Nurtures Fledgling Micro Enterprises Into Employment Generators
11 June 2018
Rural township entrepreneurs from some of the country’s poorest areas gathered in Sandton, Johannesburg, today to celebrate. read more
A Tough First Quarter For Local Collective Investment Schemes
24 May 2018
The local Collective Investment Schemes (CIS) industry reported a 3.2% drop in assets under management for the first. read more
Tough Year For Local Hedge Fund Industry As It Completes The Conversion Of Assets To...
23 April 2018
The South African hedge fund industry ended 2017 with assets under management of R62.4 billion, a decline of R5 billion. read more
ASISA Finalises Standardised Cost Disclosure For Umbrella Funds
16 May 2018
Employers will find it much easier to select the most cost effective umbrella retirement fund solutions for their employees from. read more
Life Insurers Block Dishonest And Fraudulent Claims Worth More Than R1 Billion
26 March 2018
South African life insurers reported significant increases in dishonest and fraudulent long-term insurance claims for 2016. read more
Policyholders And Beneficiaries Receive R469 Billion In Benefit Payments
14 March 2018
South African life insurers injected R469 billion into the economy last year through benefit payments to policyholders and. read more
Fundisa Closes To New Investors
28 February 2018
The Fundisa education unit trust fund has been closed with immediate effect to new investors by the Association for Savings. read more
Cautious Investors Take Wait And See Approach In Interest Bearing Portfolios While Equities Reward....
15 February 2018
The local Collective Investment Schemes (CIS) industry attracted healthy net inflows of R134.5 billion in 2017, ending the year. read more
Business Development Support For Black-Owned Financial Adviser Practices
31 January 2018
“Supporting the growth of black-owned IFA practices is not only a key requirement for achieving meaningful transformation in. read more