
Habib curatorship unrelated to overseas banking crisis, says Sarb
Habib Overseas Bank has failed to comply with financial sector regulations, including strict exchange control rules, it says.

Habib Overseas Bank has failed to comply with financial sector regulations, including strict exchange control rules, it says.

This comes after opposition MPs walked out of the Portfolio Committee on Health in protest.

Takes one of the two fund house awards, and the funds it manages won in three of the seven fund categories.

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Tax Freedom Day on 14 May | Health Squared liquidator appointed

There is an increasing focus on consolidation in the financial advice industry to manage challenges around succession and retirement.

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AIG rejected claims by aviation companies whose operations at different premises were impacted by the lockdown and Covid-19.

Insureds don’t always keep pace with the impact of volatility and changes in their operating environment.

Former Standard Bank staff contend that the FAIS Act did not apply to their debarment and conduct.

Personal lines claims ratio in SA increases because of rise in property-related claims and vehicle thefts.

Court clarifies the grounds on which an employer may interdict a retirement fund from paying out a benefit.

Two-thirds of CEOs expect unrest | Funds with exposure to Transaction Capital
Old Mutual Insure and Elite Risk policyholders in six provinces given a deadline to instal a tracker.

Among other things, the new rules provide for 80 days to submit an objection and more independence for an alternative dispute resolution facilitator.

Policyholders and beneficiaries receive claims and benefits payments worth R578 billion in 2022, the second-highest paid in a year.