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Africa Asisa News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investment scams and deepfakes abound on social media

Fraudsters are capitalising on social media to dupe unsuspecting consumers through scams, with Asisa warning against fake investment schemes.

Free stateSouth africaVan niekerkJohann rupertAfrica asisaJean van niekerkElon muskAsisa forensic standing committeeFinancial sector conduct authorityAssociation for savingsLexis nexisInvestments south africaMiddle eastDaily maverick

Unclaimed insurance benefits run into billions, but payouts are increasing

South Africa had R88.5-billion in unclaimed assets in 2022, with unclaimed insurance benefits making up 38% of the total.

South africaEvodia phahlaneGareth friedlanderAfrica asisaAvinash baboolalAssociation for savingsFinancial services conduct authorityDiscovery healthDiscovery health medical schemeDepartment of home affairHollard life solutionsDiscovery lifeHollard lifeHome affairInvestment south africaAvinash baboolal discovery life fnb insure gareth friedlander hollard insurance neesa moodley unclaimed benefits

Two-pot retirement system: pension funds worried about implementation

There is concern that the Pension Fund Amendment Bill will not be passed in time because it has to go back to the National Assembly.

Yunus carrimAfrica asisaMichelle actonChris axelsonAdri messerschmidtDennis ryderIain williamsonNational assemblyFinancial services conduct authorityNational treasuryNational council of provinces onAssociation for savingsInvestment south africaNational councilOld mutualPension bill

Retirement in crisis:Addressing financial stress amongthe middle-aged population in SA

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South africaSouth africansSouth africanAfrica asisaFinancial sector conduct authorityAssociation for savings

Old Mutual paid out R30-million a day over the last year

Old Mutual paid out a whopping R30-million a day in claims in 2023, with CEO Iain Williamson highlighting the financial strain on consumers.

South africaSouth africansAfrica asisaJeanette maraisIain williamsonAssociation for savingsInvestment south africaOld mutualDaily maverickMomentum metropolitan

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