DC Advisor Practices Rebound in the Wake of COVID-19

Defined contribution (DC) advisors appear to be in a better spot than when we first spoke to them in late March. During the closing weeks of first quarter 2020, 38 percent said COVID-19 was having a worse impact on their practice than expected, and another 51 percent...
Doubling down on successful partnerships

Doubling down on successful partnerships

The insurance industry in South Africa is doing its part in responding to a 1-in-100-year global event. While the path out of the Covid crisis is long and uncertain, the successful functioning of key partnerships within the industry is making a real difference....
APRA performance test: consolidation by stealth

APRA performance test: consolidation by stealth

It has been difficult to miss APRA’s frustration at the lack of consolidation amongst super funds. The proposed annual performance testing (along with penalties for underperformance) in Budget 2020 may finally provide APRA with the tool to force the Trustee boards of...