Retirement reform shake-up – winners and losers

As more detail emerges about National Treasury’s retirement reform proposals, the retirement funding industry is gearing up to deal with the changed environment. Below, Prescient Life CEO Daniel Acres talks about the way the industry is going to have to evolve. In particular, he has a lot to say on the subject of costs. South … Read more

Sygnia set to shake up South Africa’s passive investment arena with massive fee cuts

Asset management entrepreneur Magda Wierzycka is set to shake up the financial services sector by making a move that could spark a price war between index tracker fund providers. She has decided to build her company, Sygnia, into South Africa’s biggest passive asset manager, starting by undercutting competitors and making index-tracking funds very attractive for … Read more