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Home / Author: Mark Bechard / Page 35

Author: Mark Bechard

Videos

What’s on the FIA’s agenda? Interview with FIA CEO Lizelle van der Merwe

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The FSCA and the intermediary: An interview with FIA President Ronald King

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Moonstone is at the FIA Advice Summit 2026- Puts the Future of Financial Advice in Focus

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FSCA to unveil cryptocurrency regulations next year

The FSCA will unveil a regulatory framework for cryptocurrencies early next year to help protect consumers, according to a report by US-based financial news service Bloomberg. The rules will establish how trading in […]

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FSCA to unveil cryptocurrency regulations next year

The FSCA will unveil a regulatory framework for cryptocurrencies early next year to help protect consumers, according to a report by US-based financial news service Bloomberg. The rules will establish how trading in […]

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Insurer not obliged to inspect property before providing cover

The Ombudsman for Short-term Insurance (Osti) has rejected a policyholder’s argument that the insurance company should have inspected his property’s roof before providing cover. Following a storm, the insured submitted a claim for […]

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Insurer not obliged to inspect property before providing cover

The Ombudsman for Short-term Insurance (Osti) has rejected a policyholder’s argument that the insurance company should have inspected his property’s roof before providing cover. Following a storm, the insured submitted a claim for […]

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Employer cannot shirk its obligations if an employee is on sick leave

Retirement funds should ensure employers are aware of their obligation to pay contributions, even while their employees are absent from duty. This was said by the Financial Services Tribunal when it upheld a […]

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Employer cannot shirk its obligations if an employee is on sick leave

Retirement funds should ensure employers are aware of their obligation to pay contributions, even while their employees are absent from duty. This was said by the Financial Services Tribunal when it upheld a […]

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Survey shows South Africans divided over compulsory vaccination

More than half of adult South Africans support employers making Covid-19 vaccinations compulsory and proof of vaccination to enter public places (vaccine passports), according to a survey by the Centre for Social Change […]

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FIC issues guidance on assessing money laundering risk

The Financial Intelligence Centre (FIC) has issued a public compliance communication (PCC) that clarifies the requirement to determine whether a prospective client, existing client, the beneficial owner of the client and person acting […]

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FIC issues guidance on assessing money laundering risk

The Financial Intelligence Centre (FIC) has issued a public compliance communication (PCC) that clarifies the requirement to determine whether a prospective client, existing client, the beneficial owner of the client and person acting […]

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Sanlam pays out R14bn in death claims – driven mainly by Covid

Sanlam Life and Savings paid gross death claims of more than R14 billion in the first 10 months of 2021 – 88% higher than in the same period in 2020 – mainly because […]

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Insurer’s case falls apart when it emerges that assessor asked witnesses leading questions

The inability of police officers to breathalyse a driver who may be under the influence means an insurer has to rely on circumstantial evidence, such as statements from witnesses, to prove intoxication. However, […]

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Circumstantial evidence points to a pre-existing condition, Osti finds

The Ombudsman for Short-term Insurance (Osti) has upheld an insurer’s decision to reject a travel insurance claim despite a medical specialist stating that the policyholder might not have been suffering from a pre-existing […]

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Tax change for taxpayers who receive employer and pension income

The SA Revenue Service (Sars) will introduce changes to its systems from 1 March 2022 so that taxpayers who receive income from more than one source, and where one of the sources is […]

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Parliament rejects pension-backed loans amendment

Parliament’s Standing Committee on Finance has rejected a proposed amendment to the Pension Funds Act (PFA) that would allow retirement fund members to take out loans of up to 30% against their pension […]

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Five must-have soft skills for intermediaries in 2022

The post-pandemic world we are edging towards will require the adoption and honing of a new set of soft skills, according to Thuthuka Gumede, the regional general manager: Gauteng South at SanlamConnect. “Emotional […]

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West-Pro was dishonest about underwriting of funeral policies, tribunal finds

The Financial Services Tribunal has upheld the debarment of West-Pro Holdings’ managing director and key individual for falsely claiming that the administrator’s funeral policies were underwritten by Old Mutual. It also upheld the […]

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West-Pro was dishonest about underwriting of funeral policies, tribunal finds

The Financial Services Tribunal has upheld the debarment of West-Pro Holdings’ managing director and key individual for falsely claiming that the administrator’s funeral policies were underwritten by Old Mutual. It also upheld the […]

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