CIS assets remain above R3 trillion despite a turbulent start to the year
24 May 2022
The local Collective Investment Schemes (CIS) industry reported net inflows of R28.1 billion for the first three months of this year. This brings the total net inflows for the 12 months to the end of March 2022 to R70.7 billion, according to the CIS industry statistics for the quarter and year ended March 2022 released today by the Association for Savings and Investment South Africa (ASISA).
Life insurers uncover record numbers of fraudulent and dishonest claims in 2021
10 May 2021
South African life insurers detected 4 287 fraudulent and dishonest claims worth R787.6 million across all lines of risk business in 2021. This is a significant increase from 2020, when 3 186 cases of fraudulent and dishonest claims to a value of R587.3 million were uncovered. read more
ASISA welcomes Coronation’s Anton Pillay as new Chairman
22 March 2022
The Association for Savings and Investment South Africa (ASISA) has welcomed Anton Pillay as the new Chairman of the ASISA Board of Directors. read more
Policyholders and investors cautioned to be extra vigilant following TransUnion data breach
19 March 2022
Following this week’s TransUnion South Africa data breach, the Association for Savings and Investment South Africa (ASISA) is cautioning policyholders and investors to expect an increase in phishing attempts... read more
Life insurers well capitalised despite historic pay-outs of R608 billion in 2021
14 March 2022
Policyholders and beneficiaries received claims and benefit payments worth R608 billion from South African life insurers in 2021, the highest ever paid in a single year. read more
Life insurers report a surge in death claims during COVID-19 third wave
14 March 2022
South African life insurers reported a 53% surge in death claims for the six months between 1 April 2021 and 30 September 2021 when compared to the same period in pre-COVID 2019. read more
Local CIS industry celebrates R3 trillion in assets under management
14 March 2022
Local Collective Investment Schemes (CIS) attracted net inflows of R27 billion in the third quarter of this year. read more
Hedge fund industry grows assets to R86.93 billion in an environment of fund consolidation and regulatory constraints
14 March 2022
The South African hedge fund industry ended 2021 with assets under management of R86.93 billion. This represents a healthy growth in assets of R13.66 billion over the 12-month period. read more
Campher hands over baton as CEO of ASISA
17 February 2022
The Board of Directors of the Association for Savings and Investment South Africa (ASISA) is pleased to announce the appointment of Busisa Jiya as CEO of ASISA, effective from 1 February 2022. read more
ASISA announces closure of Fundisa
8 February 2022
The Association for Savings and Investment South Africa (ASISA) has announced that the Fundisa education unit trust fund will no longer accept investments read more
Local CIS industry reports net inflows of R27 billion for Q3, with investors favouring Global Equities
2 December 2021
Local Collective Investment Schemes (CIS) attracted net inflows of R27 billion in the third quarter of this year. read more
Life insurers paid 99.3% of claims against fully underwritten life policies in 2020
29 November 2021
South African life insurers paid 99.3% of all claims against fully underwritten individual life policies in 2020 to a value of R20.6 billion. read more
Introducing SmartAboutMoney.co.za
29 September 2021
The SmartAboutMoney.co.za consumer financial education website has gone live under the tag line: “Empowering you to make good money decisions – an ASISA initiative”. read more
Life insurers remain well capitalised despite unprecedented claims and benefit payments
15 September 2021
Despite the unprecedented claims and benefit payments made to policyholders and beneficiaries as a result of the Covid-19 pandemic, the life industry remains in ...read more
Beneficiaries receive R47.58 billion from life insurers for more than a million death claims in 12 month period
31 August 2021
Death claims statistics released today by the Association for Savings and Investment South Africa (ASISA) show that 1 023 083 death claims were submitted between 1 April 2020 and 31 March 2021. read more
Life insurers report significant increases in funeral insurance fraud for 2020
23 August 2021
South African life insurers reported a 12% increase in fraudulent and dishonest claims across all lines of risk business in 2020 when compared to 2019. read more
ASISA Media Statement: Green Paper on Comprehensive Social Security and Retirement Fund Reform
19 August 2021
The Association for Savings and Investment South Africa (ASISA) has taken note of the Green Paper on Comprehensive Social Security and Retirement Reform...read more
CIS assets under management fast approaching the R3 trillion threshold
19 August 2021
The local Collective Investment Schemes (CIS) industry reported net outflows of R18 billion for the second quarter of this year following the closure of South Africa’s biggest money market fund. read more
National Treasury’s proposed “two-bucket system” a promising response to meet short and long-term financial needs
12 August 2021
The Association for Savings and Investment South Africa (ASISA) and its members support meaningful changes to the current retirement system that are aimed at strengthening preservation of savings...read more
Majority of local investors miss out on strong stock market recovery
27 May 2021
The local Collective Investment Schemes (CIS) industry reported net inflows of R13.69 billion in the first three months of this year, taking to R203.83 billion the total net inflows for the 12 months to the end of March 2021.
Local hedge funds industry finding its feet in a regulated environment
8 March 2021
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased by R4.35 billion in 2020... read more
Interest bearing CIS portfolios attract record breaking net inflows in 2020
8 March 2021
The local Collective Investment Schemes (CIS) industry attracted net annual inflows of R213 billion last year – the highest ever in the industry’s 55 year history. read more
Life insurers pay more than half a trillion Rand to policyholders and beneficiaries in 2020
8 March 2024
Policyholders and beneficiaries received claims and benefit payments worth R522.7 billion from South African life insurers in 2020. read more
Test 2 (Test)
The ASISA ESD Fund publishes a Quarterly Update Report which showcases the ASISA ESD Fund’s quarterly highlights communicating key achievements and milestones
The ASISA Foundation publishes a quarterly newsletter to keep stakeholders close to various engagements. Below is a list of documents which provide some insights into the work of the ASISA Foundation and the consumer financial education landscape
The ASISA Academy publishes a monthly Newsflash which is a summary of the highlights from our courses over the past month