SA passport cracks top 50 for first time in a decade
South Africans can now travel visa-free to 103 destinations as the country’s passport climbs five spots to 48th on the Henley Passport Index.
Author: Moonstone Information Refinery
Actuaries forge new path for life and health insurers to quantify climate risk
The first Mortality and Morbidity Impact Assessment Framework guides insurers through a structured approach to evaluate long-term climate-driven health risks.
Customer’s retirement savings targeted in meticulous internal fraud
The consultant bypassed the bank’s two-factor authentication and fingerprint checks to manipulate digital records and drain a client’s savings.
Scammers impersonate CEOs of VALR and JSE
The public are also warned that an entity called Mashram United Funeral Undertakers’ Compliance Organisation might be selling unlicensed insurance policies.
Courts will be able to override antenuptial contracts upon divorce
The General Laws (Family Matters) Amendment Bill will empower the courts to order fair asset transfers in marriages out of community of property without accrual.
Scammers want your refunds – stay sharp this filing season
As individual tax filing season officially opens today, SARS warns taxpayers to stay vigilant against a surge in sophisticated scams.
Health insurance benefit increases for 2025 published
The annual benefit escalations for policies that fall under the Demarcation Regulations.
Tribunal affirms Ombud’s stance on credit life cover complaint
After the High Court remitted the matter, a new Tribunal panel deemed the challenge ‘frivolous and vexatious’.
FAIS Ombud highlights need for follow-up when a policy changes materially
Determination says a ‘reasonable broker’ would supplement a bulk email with an email or phone call to ensure the client is aware of new conditions.
Road Accident Fund is at a crossroads
Transport Minister Barbara Creecy dissolved the RAF’s board to tackle governance issues, but its impact on victims remains uncertain.
Top achievers praise HCert in short-term insurance for practical skills
How MBSE graduates like Lydia Roode and Michael Bond leveraged the Higher Certificate in Short-term Insurance to excel in real-world scenarios.
Lack of full and frank disclosure sinks FSP’s licence application
The Tribunal agrees with the FSCA that the entity’s key individual did not ‘come clean’ about her past misconduct.
FSCA eases section 14(1) rules for retail retirement fund transfers
The final Notice removes confusing references to section 14(8), but calls for a wholesale carve-out of retail-to-retail transfers were turned down.
Rental boom brings new insurance risks – and a call for adviser action
As rental demand surges, advisers can help clients navigate the insurance complexities of furnished, semi-furnished, and short-term lets.
New share buyback rules simplify compliance – but only if your MOI keeps up
The Companies Amendment Act has eased repurchase requirements, but many firms risk over-complying unless they update their MOIs.
Authority sounds the alarm on rising impersonation scams targeting investors
With over 40 warnings issued this year, the FSCA is urging the public to steer clear of investment offers on social media that promise unrealistic returns and falsely claim ties to trusted financial brands.
Pineapple advert in poor taste but not in breach of the Code
The ‘tsotsi’ billboard did not cross the line into discriminatory or offensive content, says the Advertising Appeal Committee.
