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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Kat is out of the bag at Kempton
Following an odds-on reverse on her seasonal debut, Kateira can reward those who keep the faith in the Racing TV Mares' Hurdle at Kempton today.
Roccapina to rescue bettors
It is rare to get a 10-race card for a midweek meeting, but that is exactly what will be confronting punters at Hollywoodbets Kenilworth tomorrow.
Cup Day TAB bets open
BETTING: TWO HUGE CARRYOVERS, THREE JACKPOTS AND TWO BIPOTS ON OFFER
Larsen is an ace tactician
Mamelodi Sundowns' 2-1 loss to Magesi FC in the Carling Knockout final will dominate headlines for the next couple of days with every critic pointing out where it all went wrong in the cup decider that was played in Bloemfontein.
Downs coach expects flak
Mamelodi Sundowns coach Manqoba Mngqithi expects more criticism to come in his direction after the 2-1 loss to Magesi FC in the Carling Knockout final on Saturday.
PRAISE FOR BOKS
RASSIE: HAPPY HOW SQUAD BOUGHT INTO STRATEGY
Cane leaves on a winning note
New Zealand saw off a battling Italy 29-11 on Saturday in their final match of the year as Sam Cane (above) was given a winning farewell to international rugby in Turin.
Scotland dash Aussie Slam hopes
Scotland captain Sione Tuipulotu scored a try against the land of his birth in a 27-13 win over Australia at Murrayfield on Sunday that dashed the Wallabies' dream of a Grand Slam.
Proteas women wilt in opener
T20I: BRAVE EFFORT BUT FAIL TO HOLD OFF ENGLAND
Odegaard having a huge influence
London Mikel Arteta said his Arsenal team \"flows in a different way\" when Martin Odegaard is playing after the Gunners crushed Nottingham Forest 3-0 on Saturday to end their winless run.
