South Africa
How will South Africa greylisting impact the advice market?
It becomes the second G20 country to warrant increased monitoring
Nigel Green fine and ban overturned
South Africa regulator handed him a ZAR 2.5m penalty and five-year debarment in May 2022
Stonehage Fleming snaps up South African investment firm
Company will continue to make ‘select acquisitions’ to supplement its organic growth
South African firm buys 50% stake in financial services group
Acquired company offers wealth management and retirement fund administration services
South Africa perplexed by ZAR 90bn of unclaimed assets
Most of which sits in retirement funds in part because of inadequate record keeping by intermediaries