The ASISA Foundation initiates and implements meaningful consumer financial literacy and education initiatives targetting South Africa’s most vulnerable groups on behalf of the savings and investment industry.
The aim is to influence a change in behaviour through the transfer of knowledge and skills development, thereby helping historically disadvantaged groups to manage their financial affairs more appropriately.
The desired outcome is to reduce the vulnerability of these consumers by empowering them to make appropriate financial decisions, enabling greater economic participation.
Shifting levels of financial literacy with a range of participants using workbooks in interactive workshops.
Helping tertiary students understand and take control of their current and future finances
Helping pension fund trustees better understand their responsibilities and empowering them to represent their member needs
Retirement Fund Trustee electronic publication
The ASISA Foundation structure facilitates a simple and cost-effective vehicle to enable members to comply with the Financial Sector Codes (FSC) requirements to spend 0.4%-0.5% of NPAT on CFE. Grant contributions / donations made to support Consumer Financial Education (CFE) or Socio-Economic Development (SED) will facilitate immediate 100% FSC points scoring.
Since inception, our programmes have reached beneficiaries across all provinces, consistently achieving knowledge and skills transfer, attitudinal shifts and positive behaviour change.
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