On 17 November 2021 the Financial Sector Conduct Authority (FSCA) and National Treasury (NT) published an updated economies of scale report on the retirement fund industry of South Africa. The report is an update of an initial study done in 2011 and analysed data sets up to 2018 to understand the relationship between size of funds and fund administration charges. The report aimed to investigate the relationship between scale and administration charges in the retirement fund industry. In summary, the findings suggest that the efficiency of administration charges in the industry has improved to some extent between 2006 and 2018.
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Monthly Archives Nov 2021
ASTRON ENERGY’S NEW BRAND IDENTITY A GAME CHANGER IN FUEL INDUSTRY
Here it is! New times call for new energy and Astron Energy today revealed its new brand identity and a sneak peek into what its network of Caltex service stations – recently voted No1 for customer service in the petrol station industry in South Africa – will look like when over 850 retail sites will be rebranded to Astron Energy. The unveiling of Astron Energy’s new logo and corporate colours, as well as the design of its forecourts, is another important step in the Company’s ambition to become the next biggest fuel brand in South Africa. Astron Energy is South
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Fred’s been on course at Wild Coast Sun for almost 40 years
Golfing professional speaks of his love for the South Coast After qualifying as a club professional, Zimbabwean-born Fred Beaver worked in Swaziland for two years, and aged 26, joined an as-yet unopened golf course at a resort located in what was then the Transkei. An inauspicious start, one might think, but one which has endured. Next year marks four decades since Beaver arrived at the Wild Coast Sun; he is one of the longest standing employees at the resort which just celebrated its 40th year in business. The Wild Coast Sun is recognised among the most beautiful golfing ranges in
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Tinkling the ivories at Wild Coast Sun
Previously unemployed musician now has a permanent gig at the resort Ephraim Mkhwanazi was unemployed until the day he walked into the restaurant at Sun International’s beach-side resort, Wild Coast Sun, and asked to play a few songs on the piano. Now a firm favourite of the guests, he serenades those at Lagoon Bar with old favourites such as Lionel Richie’s “I don’t know much, but I know I love you” and Tshepo Tshola’s “Papa”. Mkhwanazi was familiar with Wild Coast Sun, having trained there in 2019, and returning last year to be a porter. General Manager Peter Tshidi was
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