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Association for Savings and Investment SA (ASISA)

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Tel: +27 (0)11 325 6223
Fax: +27 (0)11 325 6160
Address:
3 Albury Park
cnr Magalieszicht Avenue & Albury Road
DUNKELD WEST
2196
Postbox:
PO Box 413255
CRAIGHALL
2024
South Africa

ASISA represents the majority of South Africa’s asset managers, collective investment scheme management companies, linked investment service providers, multi-managers, and life insurance companies.

 

United by one representative body for the first time, the members of ASISA have mandated this new association to pro-actively engage with the policymaker and regulator, as well as intermediaries and consumers on regulatory and other important issues of common concern.

 

ASISA will be an active participant in creating an environment that promotes equal opportunities for its members through holistic legislation, while at the same time looking after the interests of consumers and ensuring the sustainability of the industries we represent and the intermediaries who promote us.

 

ASISA was formed in 2008 by members of the Association of Collective Investments (ACI), the Investment Management Association of South Africa (IMASA), the Linked Investment Service Providers Association (LISPA) and the Life Offices’ Association (LOA). These associations have disbanded and their staff, assets and activities have been transferred to ASISA.

 

ASISA was created to help facilitate an environment that promotes a culture of savings and investment in South Africa by uniting some of the key industries active in this space.

 

The aim of this new single association is to:

 

  • Work towards greater level playing fields
  • Create an environment enabling of more holistic regulation
  • Become more consumer focused
  • Collectively engage with Government on policy issues
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From The Glossary »

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Lapse Rate:

The rate at which insurance policies terminate through failure of the insured to continue making premium payments. It is usually expressed as a ratio of the number of policies on which insured failed to make premium payments during a given period to the total number of policies at the beginning of the period in which those lapses occurred.
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