Proposed UK tax reform set to shake up expats’ financial plans
The Conservative government’s plan to eliminate the non-domicile tax regime could mean higher taxes for expats on foreign income from April 2025.
Exiting the grey list won’t relax oversight – regulators pledge continued enforcement
The authorities say that supervision, prosecutions, and measurable outcomes must continue to avoid re-listing as the next mutual evaluation starts in 2026.
Fund rapped for not giving a member a hearing before deciding to withhold his withdrawal benefit
The member, along with two others, was criminally charged because of allegedly fraudulent conduct that cost the employer R4 million.
High Court dismisses director’s bid against subpoena in religious freedom dispute
Efforts by a director of two religious organisations to evade testimony before a commissioner probing the SNS Ponzi scheme hit a roadblock in the High Court.
Living Hands judgment clarifies important principles for financial institutions
Old Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
Structurally higher inflation is posing an increasing threat to investors, says OMIG
The latest Long-term Perspectives publication highlights why it is necessary to invest in assets that can deliver inflation-beating returns over the long run.
Healthcare affordability emerges as top concern for businesses in 2024
Aon’s Global Medical Trend Rates Report highlights the pressing challenge of healthcare affordability for businesses amid a decade-high global medical trend rate.
SCA upholds Old Mutual’s Living Hands appeal
Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
NHI: We are going to have equality whether people like it or not, says Ramaphosa
Solidarity and AfriForum are the first out of the starting blocks with legal challenges to the NHI Act.
Warriner hit with 30-year debarment as FSCA’s BHI probe continues
The suspension of Global & Local’s licence relates to its relationship with BHI Trust, the FSCA confirms.
Equality Court rejects privacy defence in hate speech case
Senior staff at a wealth management company laid complaints against a former shareholder and client.
Countdown to CPD deadline: MBSE has essential courses for FSPs and key individuals
Moonstone Business School of Excellence offers more than 80 courses with flexible e-learning options, so you can meet your CPD requirements easily.
Medical schemes assure members that NHI is a long way off
The expected legal challenges to the legislation and the pressure on the state’s finances could delay full implementation of the system for many years.
Oceanfront’s licence provisionally withdrawn – MD linked to Medbond
Jaco van Heerden, once a director at Medbond, is the managing director of Oceanfront Financial Solutions, whose FSP licence has been provisionally withdrawn.
Cellphone distractions rise to the top of road accident risk factors
Data from Discovery Insure provides insights into how driving behaviours and road infrastructure contribute to the likelihood of a road accident.
New Labour Court rules target backlog: what employers need to know
The rules now specify new requirements for review applications, including that the application must contain ‘no more than a concise statement of the grounds of review’.
Taxpayer’s (legitimate) refund stuck in limbo after profile hacked
A cyberattack not only removed his account from his tax practitioner’s profile but also led to an erroneous VAT refund being paid back to SARS.
Quality over quantity: growing your advisory firm without sacrificing client service
You can grow a profitable small advisory business by proactively limiting client numbers and improving client quality, research from the US suggests.
