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How to choose the most appropriate savings vehicle for your needs

How to choose the most appropriate savings vehicle for your needs
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National Savings Months , Negotiable Certificates , Collective Investment Schemes Control Act , கூட்டு முதலீடு திட்டங்கள் கட்டுப்பாடு நாடகம் ,

Absa's closure of money market fund surprises asset manager


Absa’s closure of money market fund surprises asset manager
By Sandile Mchunu
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DURBAN - THE PRUDENTIAL Authority (PA) said yesterday that it had no concerns regarding Absa Group’s decision to close its Absa Money Market Fund (AMMF), worth around R80 billion, following its engagement with the bank since last year.
The South African Reserve Bank (SARB) said the Prudential Authority (PA) had a number of engagements with Absa Group (AGL) during the course of 2020 and 2021 on the proposed closure of the Absa Money Market Fund and rationale thereof.
“The closure of the Absa Money Market Fund was based on an assessment and decision made by the Absa Group. The PA does not have any material concerns regarding AGL’s decision to wind down the fund,” the SARB said. ....

South Africa , Kwazulu Natal , South African , Saleh Jamodien , Nolan Wapenaar , Absa Money Market Fund , Prudential Authority , African Reserve Bank , Absa Bank , Absa Group , South African Reserve Bank , Collective Investment Schemes Control Act , Anchor Capital , Absa Asset Management , க்வஸூல்யூ நேட்டல் , விவேகமான அதிகாரம் , கூட்டு முதலீடு திட்டங்கள் கட்டுப்பாடு நாடகம் , நங்கூரம் மூலதனம் ,

FSCA warns the public against individuals impersonating T Rowe Price International Limited


FSCA warns the public against individuals impersonating T Rowe Price International Limited
By Supplied
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The Financial Sector Conduct Authority (FSCA) warns the public to be cautious of a individuals using a WhatsApp scam impersonating T.Rowe Price International Limited. This operation uses a similar sounding alias - T Rowe Investment – to execute what is suspected to be unathorised financial services to unsuspecting financial consumers.
T.Rowe Price International Limited is a foreign scheme approved to market some of its portfolios in terms of section 65 of the Collective Investment Schemes Control Act (CISCA).
The FSCA received information from Prescient Fund Services, a financial services provider acting as the appointed representative of T Rowe Price International Limited in South Africa, that an unknown individual/entity has set up a WhatsApp scam pretending to be T.Rowe Price International Limited. The individuals operate as T.Rowe Investment ....

South Africa , United Kingdom , Financial Sector Conduct Authority , Prescient Fund Services , T Rowe Price International , Rowe Investment , Rowe Price International Limited , Collective Investment Schemes Control Act , Rowe Price Investment , Wood Street , Prescient Fund , ஒன்றுபட்டது கிஂக்டம் , நிதி துறை நடத்தை அதிகாரம் , டி ரோ ப்ரைஸ் சர்வதேச , கூட்டு முதலீடு திட்டங்கள் கட்டுப்பாடு நாடகம் , மரம் தெரு ,