nottheaverageactuary

Actuarial news and views from Cape Town and beyond


Leave a comment

The Insurance companies take the lead

How South Africans invest in Tax-free savings accounts

TL; DR: Early results show that most of the tax-free savings accounts are life insurance policies (52%). The article mentions that this is due to the strength of the distribution channels that life insurers have. The study however, excludes data from banks who have concerns over competition.

Advertisements