Discovery Health’s 2027 plans: 8.2% average increase and a new option
Two out of three beneficiaries will face increases below 8%, while Discovery is adding a new lower-cost plan and expanding its personalised health platform.
Bonitas raises contributions by 8.7% as new service model takes shape
Four months after a troubled administrator switch, Bonitas is betting on new products, tighter managed care, and a stronger digital offering to rebuild member value and trust.
Medihelp sets 7.5% weighted average increase for 2027
Most members will face increases of 7% or less, while the scheme is adding benefits in mental health, maternity, preventive care, and emergency treatment.
Sanctions-screening software is no shield against non-compliance
The FIC’s new manual explains when institutions should screen clients, how they must assess possible matches, and what follows when sanctioned property is identified.
Most parents have an education plan, but few are prepared for the full cost
FNB’s survey suggests that underestimated expenses and reliance on current income leave many plans vulnerable as children progress through the education system.
A drafted will is not necessarily a valid will
Discovery found execution errors in 18% of returned wills, while adviser-linked clients completed the journey from drafting to secure storage 22% faster.
Private markets: SA has the opportunity, but not yet the architecture
Expanding access to private assets could broaden investment and funding options, but South Africa must grapple with valuation, liquidity, data, and regulatory challenges.
Before you judge someone else’s will, check your own
As World Financial Planning Day highlights the value of turning financial goals into action, MBSE’s Tyrone Ford asks whether your own estate plan would leave your family knowing what you wanted – and what to do next.
Housing purpose alone does not secure a pension-backed loan
The Adjudicator upheld a fund’s reliance on affordability requirements but cautioned it about poor service delivery and delayed communication.
The advice gap may open before anyone calls an adviser
People under financial strain tend to go looking for more credit before they look for advice. Debt-review data, search behaviour, and two-pot withdrawals suggest where that pathway runs, and where the industry could meet people sooner.
Bestmed sets 2027 contributions to increase by 7.35%
The scheme is adding a R1 000 healthcare benefit, expanding preventative care, and making targeted changes to medicine, casualty, and clinical cover.
Parliament hits pause on urgent JIBAR transition Bill
The invalidation of the Public Procurement Act has left lawmakers weighing whether removing part of the amendment Bill would require further public participation.
UPDATED | Regulator provisionally withdraws five FSP licences
The separate actions follow findings of alleged contraventions at three providers and preliminary questions about the management and oversight of two others.
FIC issues draft guidance for dealers in precious metals and stones
Draft PCC 126 sets out when dealers fall within FICA’s high-value goods category and explains the resulting registration and compliance obligations.
FSCA reviews broker-fee governance and bank sales conduct
The 2025/26 Integrated Report records supervisory work on disclosure, customer consent, transactional fees, and customer treatment.
Authority reverses expected deficit to post R118.7m surplus
Levies supplied almost 89% of revenue, while the financial statements recorded a R4.04bn impairment against gross penalty debtors of R4.06bn.
Inspections uncover recurring gaps in key compliance controls
Higher-risk institutions were found wanting on RMCPs, customer due diligence, registration requirements, and targeted financial sanctions screening.
Blocked proceeds and FIC-linked recoveries fall sharply
Demand for financial intelligence remained high as the Centre supported court proceedings, asset-recovery work, and the Madlanga Commission.
