Poor co-ordination between the three regulators of the financial services sector — the National Treasury, the Reserve Bank and the Financial Sector Conduct Authority (FSCA) has led to an acrimonious fallout in SA’s investment industry.

It’s pitted outspoken exchange trade fund (ETF) devotees like Sygnia’s Magda Wierzycka against unit trust stalwarts Coronation, among others...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now