The retirement system was a major change in the industry with assets to the value of R3.15 trillion managed by 887 active retirement funds for about 155 000 active employers in funds under FSCA supervision.
Corlia Buitendag, departmental head: Retirement Funds Conduct Supervision at the FSCA, said at a media roundtable on Friday that the successful implementation was thanks to all partners, including the pension funds industry, national treasury, SA Revenue Service, FSCA, labour and civil society.
Since the implementation of the system, the FSCA received 853 applications for rule amendments from pension funds and registered 837 registered (98% completion), with 11 applications still waiting for responses from industry and five with analysts for consideration.
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Denne historien er fra November 25, 2024-utgaven av The Citizen.
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Lemon is a top natural ingredient for a fresh start after the holidays
Looking to bring back balance to your dietary routine after the many decadent feasts associated with the end of the year?
Parties gearing up for 2026
Analyst expects more hung councils and coalitions.
One Stripe, one wonder
BRILLIANT: THREE-YEAR-OLD SCORES SENSATIONAL VICTORY IN KING'S PLATE
Greeff's filly to bounce back
The Non-Black Type Aloe Stakes over 1300m for three-year-old fillies heads up the card at Fairview tomorrow when they race on the Polytrack and Alan Greeff-trained Splicethemainbrace will attempt to brush off a disappointing race in the Grade 1 Cape Fillies Guineas at Hollywoodbets Kenilworth last month.
Citizens' new coach gets win
Muhsin Ertugral began his tenure as Cape Town City interim coach with a hard-fought 1-0 win over his former team Kaizer Chiefs at the Cape Town Stadium last night.
Fightback Is On
Pakistan: Masood, Azam Sparkle in Opening Stand
Pretty soccer will not cut it
When will the current Mamelodi Sundowns team learn that it's going to take more than just pretty football to win the Caf Champions League?
Bucs 'attitude' is taking them far
RIVEIRO: A TEAM WANTING TO DO SOMETHING SPECIAL
Dupont set to face Sharks
There is plenty of excitement about the fact 2024 World Rugby Sevens Player-of-the-Year and French captain Antoine Dupont (above) will be in South Africa this week for Toulouse's Champions Cup clash with the Sharks in Durban on Saturday.
Raja 'cash in' on numerical advantage
Mamelodi Sundowns coach Miguel Cardoso has reflected on his team's 1-0 loss to Raja Casablanca in the Caf Champions League.
