Reana Steyn appointed to lead new National Financial Ombud scheme
The role of the NFO is to aid financial customers to obtain redress for alleged unfair treatment by financial product or service providers.
Author: Moonstone Information Refinery
Education is key to improving your job prospects amid rising unemployment
Upskilling makes it more likely that you will land a job and advance your career. Here is what you should consider when choosing where to study online.
Biggest institutional fund managers in South Africa
Alexforbes’ Manager Watch provides key insights into the country’s asset management landscape.
Why insurance should be factored into the cost of buying a car
Maxing out your budget on car repayments without considering the cost of insurance may result in an unexpected financial shortfall every month.
Working from home isn’t going anywhere anytime soon, research finds
Flexible working is still one of the top motivators for job seekers, as more people seek a better work-life balance.
KPMG says its forensic investigation uncovered R16.5m bursary fraud
The auditing firm says, according to its records, no bursars have been left out of pocket.
Judge compares Odendaal’s court order request to Oliver Twist’s ‘more’ plea
The late Markus Jooste’s alleged romantic partner has applied to the SCA for permission to appeal the High Court’s ruling that effectively bars her from accessing a monthly living allowance of R150 000.
Sanlam to take controlling stakes in its insurance JVs in India
The group believes its partnership with Shriram will enable it to benefit from India’s growing economy and burgeoning population.
Absence of explicit ‘notice of intention to debar’ not procedurally unfair
Medsafu’s letters alerted the applicant that the outcome of the process may include debarment, the Tribunal finds.
Satrix wins 10 listed tracker awards, but not for performance
Most of the SALTAs for performance went to 1nvest, First National Bank, and Union Bank of Switzerland.
No death certificate, no benefit pay-out for wife
A missing person’s affairs are in legal limbo until a death certificate is issued or the High Court makes a presumption of death declaration.
Go-ahead for merger between Anchor and Credo
The combined business will have assets under administration of more than R230 billion.
Unpacking the strategic partnership between the FSCA and B-BBEE Commission
A failure to comply with specific BEE thresholds outlined in transformation plans could lead to the Authority withholding licences.
Jooste’s death raises questions about the fate of seized assets and Steinhoff prosecution
A fiduciary expert discusses the legal complexities surrounding attached assets in the wake of Markus Jooste’s death.
Primary health insurance policies can be sold for another year
The exemption will remain in force for 12 months unless a decision is made on low-cost benefit options before 31 March 2025.
Veracity Markets hit with R10 million fine for unauthorised OTC trading
Nirvesh Financial Services was also penalised for failing to ensure that its representatives, Veracity and its directors, complied with the applicable laws.
FSCA fines MyWealth DIAS and MyWealth Method more than R73m
Investors were promised returns of up to 400%, but there was no legitimate financial product or investment activity, the FSCA says.
