
NFO urges FSCA to strengthen safeguards against murder-for-money schemes
Insurers would have to prove that the life assured knew about and consented to cover taken out at another person’s request.
The industry body says the 3.8% benchmark does not fully reflect the utilisation and underlying healthcare-cost pressures that schemes face.

Insurers would have to prove that the life assured knew about and consented to cover taken out at another person’s request.

A BER analysis finds that the same cash flows could theoretically have produced R69.7bn more in the bond market, while highlighting the limits of comparing returns with developmental objectives.

Warren Wheatley says the matter involved three trades in 50 shares worth R301 while he was testing a stockbroker platform.

The FSCA improperly allowed cost-recovery considerations to influence the sanction and did not assess the applicant’s financial benefit separately from his client’s.

Responses to the ruling reveal differing interpretations of the causal link required between lead-generation activities and a financial-product transaction.

The 2026 Alpha Female Report records the first fall in female representation among active fund managers in eight years, while assets managed by women and mixed-gender teams continue to grow.

The company should have acted in June 2023 when it suspected that confidential information about a R100-million acquisition had been compromised.

Two aspects of the judgment could have wider implications in future cases involving credible claims of unauthorised access.

Metropolitan improved adviser productivity and returned to positive new-business value, while Momentum Investments’ shift towards living annuities weighed on its margin.

The majority judgment confirms that raising fees can qualify as finance charges similar to interest, potentially reducing the after-tax cost of debt funding.

The emergence of tokenised assets raises the question whether SA can develop trusted local infrastructure rather than rely on systems built elsewhere.

The former finance minister says South Africa’s challenge is not a shortage of regulation, but ensuring institutions have the people, skills, and capacity to implement it effectively.

A Bill before Parliament would give the SARB a statutory mechanism to address legacy contracts that still reference JIBAR when the benchmark ceases at the end of 2026.

The new leadership team takes charge as the non-life insurance sector navigates climate risk, infrastructure challenges, technological change, and a persistent protection gap.

The Tribunal found that proceedings had not commenced before the six-month deadline, preventing it from sending the matter back for reconsideration.

The doctor’s medical knowledge did not allow Discovery Life to rely on developments he could not reasonably have known about when applying for cover.

A fraud-related cancellation almost 15 years earlier cost the policyholder his tornado claim because he failed to disclose it when applying for cover.