For media queries please email media@asisa.org.za

To access historical Media Releases see below:

2020

Life insurers report a marked reduction in irregular claims for 2019

9 December 2020

South African life insurers detected 2 837 fraudulent and dishonest claims to the value of R537.1 million last year.

The 2019 fraudulent and dishonest claims statistics, released this week by the Association for Savings and Investment South Africa (ASISA), show read more

Record net inflows for the local CIS industry despite Covid-19 woes

30 November 2020

South African investors committed R57 billion in net inflows to local Collective Investment Schemes (CIS) in the third quarter of this year, bringing to R165 billion the total net inflows for the 12 months to the end of September 2020. read more

ASISA welcomes the public consultation process on the classification of inward listed instruments

26 November 2020

Following the Medium Term Budget Policy Statement (MTBPS) Speech on 28 October 2020 by Minister Tito Mboweni, the South African Reserve Bank (SARB) issued Exchange Control Circular 15/2020. read more

New regulations to further ease exchange controls have been misrepresented

24 November 2020

The decision by National Treasury to phase out the concept of formal emigration by 28 February 2021 with the aim of further easing exchange controls has unfortunately been misrepresented... read more

Creating “green” jobs in partnership with the Green Outcomes Fund

17 November 2020

The Enterprise and Supplier Development (ESD) initiative of the Association for Savings and Investment South Africa (ASISA) has made its first “green” investments in line with the requirements of South Africa’s new Green Outcomes Fund (GOF). read more

Beneficiaries of fully underwritten life policies receive R16.7 billion in death benefits in 2019

7 October 2020

South African life insurers paid 99% of all claims against fully underwritten individual life policies in 2019 to a value of R16.7 billion. read more

ASISA: Threat of prescription is overstated

6 October 2020

The Association for Savings and Investment South Africa (ASISA) has taken note of the most recent attempt by the South African Institute of Race Relations (IRR) to once again draw ASISA members into the prescription debate. read more

It pays to understand your total tax liability if you have multiple sources of income

29 September 2020

South African taxpayers with different sources of income are often shocked when they discover at the end of the tax year that pay-as-you-earn (PAYE) deductions did not cover their tax liabilities. read more

Policyholders benefit from R230 billion in claims and benefit payments during Covid-19

15 September 2020

South African life insurers provided more than 458 000 policyholders with premium relief assistance to the value of over R1 billion between March and July this year. read more

Local CIS industry records historic net quarterly inflows of R88 billion

17 August 2020

Undeterred by the Covid-19 induced market volatility, investors committed R88 billion in net inflows to local Collective Investment Scheme (CIS) portfolios during the second quarter of this year. read more

Beware of get-rich-quick schemes in tough economic times

22 July 2020

If it sounds too good to be true, you can safely assume that it probably is, says Leon Campher, CEO of the Association for Savings and Investment South Africa (ASISA).  read more

ASISA commits to B4SA compact for economic recovery

10 July 2020

The Association for Savings and Investment South Africa (ASISA) and its members are firmly committed to the new social and economic compact being forged between.  read more

Use temporary living annuity drawdown flexibility wisely, cautions ASISA

02 June 2020

The temporary easing yesterday of living annuity drawdown regulations by National Treasury has been welcomed by the Association for Savings and Investment (ASISA), but with a cautionary to living annuity policyholders. read more

Investors commit R23 billion to local CIS portfolios in the first quarter, but avoid equities

26 May 2020

The local Collective Investment Schemes (CIS) industry reported net inflows of R23 billion. read more

Policyholders urged to apply for premium relief rather than allowing debit orders to bounce

23 April 2020

The Association for Savings and Investment South Africa (ASISA) is urging policyholders unable. read more

How the COVID-19 lockdown impacts on buying life cover

30 March 2020

The long-term insurance members of the Association for Savings and Investment South Africa (ASISA) support read more

Life insurers have the reserve buffers to withstand COVID-19 fallout

26 March 2020

The South African life insurance industry has more than double the legally required reserve. read more

Life insurers and investment companies promise uninterrupted service during COVID-19 lockdown

25 March 2020

The Association for Savings and Investment South Africa (ASISA) and its members commend. read more

If you exit your unit trust portfolios now, you lock in your losses

19 March 2020

When stock markets crash and bad news just keeps on coming from all corners of the globe. read more

SA investors shy away from equities in 2019 unlike their international peers

25 February 2020

The local Collective Investment Schemes (CIS) industry reported strong net inflows of R123.2 billion. read more

2019

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

2018

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