Companies that have in place long-term insurance cover to protect their profit margins against the loss of key employees and directors due to death, illness or disability should seek urgent tax advice to ensure they comply with the 2010 Taxation Laws Amendment Act, which was gazetted last week. The Act, which comes into effect on …. »
Associations Articles
President’s Report: The first ten months
by NASH OMAR
Published: December 1st, 2009 in Cover
The IISA held its 42nd AGM on 21 October 2009. At the meeting, Nash Omar, IISA President, delivered a report on IISA’s activities and progress of the past year. IISA completed the 2008 with a reasonable financial result and set the IISA on its course for 2009. During 2008, a successful Annual Conference was held …. »
Posted in Associations
Life industry phases out S Reference System
by PETER DEMPSEY
Published: July 1st, 2009 in Cover
The Association for Savings and Investment South Africa (ASISA) has imposed its last debarment ruling – referred to as S Reference ruling by the long-term insurance industry – on a financial adviser. The promulgation of the Financial Services Laws General Amendment Act of 2008 at the end of September last year finally handed the Financial …. »
Posted in Associations
Alternatives: Yesterday, Today, Tomorrow.
by CARLA DE WAAL
Published: July 1st, 2009 in Cover
2009, so far, has been a much better place for the local alternative investments industry than a year ago. Market volatility has subsided somewhat, offering some opportunity to make up for the tumultuous period faced in 2008. Yesterday The last few months have witnessed the local hedge fund industry being mobilised to get involved and …. »
Posted in Associations
Collective investment schemes attract Net Flows of R79-Billion over 12 months
by LEON CAMPHER
Published: June 1st, 2009 in Cover
Quarterly statistics released by the Association for Savings and Investment South Africa (ASISA) for the local collective investment schemes (CIS) industry this week show that, while investors remained active during the first quarter this year, net inflows had tapered off slightly compared to the last quarter of 2008. The CIS industry attracted net quarterly inflows …. »
Posted in Associations
ASISA Announces
by LEON CAMPHER
Published: June 1st, 2009 in Cover
The Association for Savings and Investment South Africa (ASISA) has appointed two additional directors to its Board with immediate effect. The appointment of Derrick Msibi, MD of Investment Solutions, and Herman Steyn, Executive Chairman of Prescient Investment Management, brings to 17 the number of ASISA Board members. While 14 members of the Board are the …. »
Posted in Associations
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