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No even spread of costs

It was said back in 2009 that commercial umbrella funds needed to grow to the magic number of 1.6m members. At this level they would be able to spread their fixed costs and investment infrastructure, and charges should...

Retirement SAVINGS cost

The Association for Savings & Investment South Africa’s (ASISA) decision to implement an industry-agreed standard method for comparing charges on individual investment savings products is to be welcomed, says...