On 6 August 2025, the Financial Sector Conduct Authority (FSCA) officially introduced ‘Conduct Standard 2 of 2025: Conditions Prescribed in respect of Pension Fund Benefit Administrators’ (Conduct Standard). The Conduct Standard significantly enhances the regulatory framework applicable to benefit administrators of retirement funds governed by the Pension Funds Act, 1956.
The Conduct Standard marks a major upgrade from the previous framework outlined in Board Notice 24 of 2002: ‘Conditions determined in respect of Administrators acting on behalf of Pension Funds’ (Board Notice), which is now being phased out.
The intention is for the Conduct Standard to ultimately replace the Board…
Internet Access: Internet penetration has increased significantly, with efforts to
improve access in rural areas and promote digital literacy.
Rosie Bird
Fun South African Fact: The oldest remains of modern humans were found in South Africa and are well over 160,000 years old.
Prone
So Van is in a bar in London with a Frenchman and an Italian. They are boasting of their sexual prowess.
The Frenchman says \”When I pleasure my mistress, I tickle her nipples with a feather, and she floats an inch above the bed in bliss\”.
The Italian, not to be outdone, says \”When I make love to my girlfriend, I lick amaretto liqueur from her navel. She floats a foot above the bed in delight\”.
Van says \”Ya, well, er… When I screw my wife, I wipe my dick on the curtains afterwards, and let me tell you man, she hits the fuckin\’ roof!\”