Arrear contributions: publishing employers’ names ‘is having an impact’
Deputy commissioner sets out the FSCA’s priorities for the supervision and regulation of the retirement industry.
The decision addresses the recovery of VAT on payments made under loan cover provided free of charge.
Read moreDeputy commissioner sets out the FSCA’s priorities for the supervision and regulation of the retirement industry.
A new approach may be required to how financial institutions are remunerated for services rendered in respect of unclaimed assets, the Authority says.
The Authority should have conducted its own investigation and not relied solely on information provided by the insurer, the Tribunal says.
National Treasury will work with the Department of Health on the funding scenarios outlined in the 2017 White Paper.
An application clause will provide for the Pension Funds Act to prevail over the Divorce Act where the Acts’ provisions conflict.
The Labour Court upholds AdviceWorx’s application to enforce its restraint agreements against advisers who joined Wealth Associates.
The Association for Savings and Investment SA and the Institute of Retirement Funds Africa also call for amendments not related to the two-pot system to be held over.
The BHF raises 10 issues, including the ‘misuse’ of curatorships, whether NHI is informing policy prematurely, and the absence of low-cost benefit options.
The FSCA expects to receive a large number of amendments, so it would like to have prior sight of the proposed amendments beforehand.
The National Financial Ombud’s jurisdiction will be expanded in phases to include the activities of all regulated financial institutions.
There is a high degree of consensus over the reform recommendations put forward by the World Bank Group, says Treasury.
The Pension Bill will prohibit members from making a withdrawal from the savings component if the withdrawal results in insufficient funds remaining to settle a court order.
Non-submission of the RCR required by Directive 6 will prevent the Financial Intelligence Centre from demonstrating compliance with the FATF’s action plan.
The policyholder did not disclose two previous ‘minor’ incidents involving a different vehicle and a different insurer.
The FAIS Ombud issues a determination after the FSP fails to follow through on its undertaking to settle the claim.
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