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ASI PARTNERS WITH CONVERGED GROUP, EXPANDING ICT SERVICES CAPACITY AND STRENGTHENING B-BBEE COMMITMENT
ASI Financial Services, a leading Level 1 B-BBEE Financial Services and Private Equity Investment company, is pleased to announce a strategic equity partnership with Converged Group, a forward-thinking Telecommunications and Connectivity service provider with a proven 15-year track record in the business sector. This strategic...
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President Cyril Ramaphosa Signs NHI Bill Into Law
TIME FOR DECISIVE ACTION While South Africa is still deliberating over which pot or how many pots will tend to their financial needs in retirement, a significant event unfolded yesterday, Wednesday, 15 May 2024. President Cyril Ramaphosa signed the National Health Insurance (‘NHI’) Bill into...
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ASI FINANCIAL SERVICES GROWS KWA-ZULU NATAL FOOTPRINT WITH ACQUISITION OF SA HEALTH BROKERS
Johannesburg, South Africa, – ASI, a leading 100% South African independent financial advisory firm that provides a full suite of financial advisory services in Health, Wellness, Insurance and Investment to employers and their employees, has announced the acquisition of SA Health Brokers, a prominent healthcare...
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ASI CONTINUES BOLD EXPANSION DRIVE TO ACQUIRE ROCKFIN WEALTH MANAGEMENT
Johannesburg, South Africa - ASI, a trusted 100% South African owned independent financial advisory, professional services and risk management firm, is proud to announce its acquisition of a majority stake in Rockfin Wealth Management, a provider of expert independent financial planning solutions for personal and...
Retirement Tax Benefits
Who doesn’t want to save tax? I hope the answer would be nobody. Let’s look at 2 different ways to save tax: 1. Retirement Annuity. SARS allows us to contribute 27,5% of taxable income into retirement funds to a maximum of R350 000 per annum....
DIFFERENT TYPES OF INTEREST RATES, AND HOW THEY AFFECT YOUR MONEY
This year we saw the interest rate shift 3 times. 2023 has been one of the most significant financial years in the history of South Africa, after COVID-19. Although most people understand the interest rates at a basic level, most people don’t always understand the...
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State of The Two-Component Retirement System
STATE OF THE TWO-COMPONENT RETIREMENT SYSTEM National Treasury issued the revised 2023 Draft Revenue Laws Amendment Bill and 2023 Draft Revenue Administration and Pension Laws Amendment Bill in June 2023. The bills incorporate the amendments to implement the first (1st) phase of the roll-out of...
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The National Health Insurance Bill (‘NHI’) is almost ready to be tabled in Parliament
THE NATIONAL HEALTH INSURANCE BILL (‘NHI’) is almost ready to be tabled in Parliament. COVID has exposed the shortfalls and weaknesses in our healthcare (HC) systems and has given us invaluable insight into the importance of a healthy workforce and the benefit to social and...
Creative solutions are key to the survival of the fittest medical schemes
In the current high inflation environment, where fuel prices and unemployment statistics are at record levels, South Africans are looking for alternative ways of funding their access to private healthcare – and medical schemes need to plan now if they’re to ensure future relevance and...
ASI shares view relating to common risk to employers
ASI are expert problem solvers whose passion is about preserving their clients’ wealth and changing lives for the better What happens when an Employer needs to recover monies owed to them by an Employee – can such funds legally be accessed from their Pension and/or...