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NCA

New National Credit Amendment Act – Study highlights n …

Earlier this week, parliament’s Portfolio Committee on Trade and Industry was briefed on the new National Credit Amendment Act. As part of the briefing, parliament received a socio-economic impact assessment study (SEIAS) on how the act will impact banks, government and consumers. The socio-economic impact assessment was conducted by Genesis Analytics. Fin24 reported that the […]

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Cyber-attack

Cyber-attacks – Companies face many losses

According to Zamani Ngidi, client manager: cyber solutions at Aon South Africa, as organisations grow their footprint – whether nationally or globally – they are also essentially increasing the likelihood of a cyber breach and also its impact, as the amalgamation and expansion of information technology infrastructure exposes an organisation to more points of entry […]

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NHIbill

Have your say on the NHI bill

The Portfolio Committee on Health has called on interested individuals and relevant stakeholders to submit written comments as well as indicate interest in making an oral submission on the National Health Insurance Bill [B11 – 2019]. “The objective of the Bill is to achieve universal access to quality health care services in South Africa in […]

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Validity of lapsing of a policy – When does repudiation ap …

An insurer’s obligations concerning the lapsing of a policy was recently the subject of an investigation by the Long-term Ombud, following the repudiation of a claim. “Repudiation involves disputing the validity of a contract and refusing to honour its terms. Repudiation is therefore conduct which shows the clear and explicit intention of the party concerned […]

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financialcrisis

Understand Financial Crises and gain 8.5 CPD hours

The ultimate objective of the financial advisor is to help clients prepare for the future using the various financial products available. If the financial advisor can minimise the number of traumatic experiences that inevitably occur in the course of the client’s investment journey, it can lead to a stronger client relationship. This task may sometimes […]

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