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Home / Author: Moonstone Information Refinery / Page 5

Author: Moonstone Information Refinery

Videos

Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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DUI exclusions drive increase in motor claim disputes

Motor, homeowners’, and commercial policies again generated the most complaints to the Non-life Division, with exclusions and claim rejections driving many disputes.

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Banking complaints surge as fraudsters follow customers online

Complaints to the banking ombud jumped 25% in 2025, with phishing, account takeovers, and unauthorised transactions leading the way.

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What six banking disputes reveal about how the ombud thinks

The NFO’s 2025 annual report offers a glimpse into the disputes that reach the banking ombud – and the lessons they hold.

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Life Division complaints rise 18.8% as funeral disputes dominate

The division recorded more formal investigations in 2025, but improved turnaround times and secured almost R300 million for complainants.

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Can a tax deduction be claimed a decade late?

A fuel exporter lost a R38.8-million deduction claim, but the Tax Court ruling may open a fresh battle over whether the correct tax years can still be re-opened.

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SA’s ratings revival comes with a warning: don’t ignore the ‘uglies’

Fitch’s first upgrade in 21 years caps a remarkable turnaround, but hidden liabilities, weak growth, and structural problems stand between the country and investment-grade status.

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NFO recovers R442.99m for consumers as complaints climb

Digital-banking scams, rejected funeral claims, and insurance disputes over exclusions and maintenance emerged as key pressure points in 2025.

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SCOPA finds RAF failed experts, then tried to let their claims expire

Years of payment delays, missing invoices, and weak administration left medical experts unpaid, before the Fund sought to invoke prescription against some claims.

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NFO’s only non-life final ruling of 2025 turns on theft, not ‘missing items’

Even though the SAPS case was marked ‘unfounded’, the NFO held this did not prove there had been no theft, and the policy claim fell within cover on the facts.

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Bigger, older, and more concentrated: 7 facts reshaping medical schemes

Twenty years of industry data show that medical schemes have become increasingly dependent on scale, investment returns, and strong reserves to remain sustainable.

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Convicted fraudster jailed again for second ‘investment’ scheme

More than 20 years after his first conviction, a court found that Andrew Futcher ran another scheme that left investors millions out of pocket.

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Old Mutual sees strong Q1 as life sales rise and OM Bank customers jump

New life sales rose 28% in the quarter to March, while stronger investment inflows and a better new business margin supported a broadly positive update.

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Medscheme rejects Bonitas’s explanation for post-transition disruptions

Medscheme says it repeatedly warned Bonitas against a ‘clean-cut’ transition and disputes the scheme’s claim that unresolved legacy issues were behind the service disruptions experienced by members after the administration switch.

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SCOPA presses ahead with Letsoalo charge despite legal risk

SCOPA votes to proceed with a criminal charge against former RAF CEO Collins Letsoalo, despite uncertainty over whether the summons he ignored was served correctly.

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Opposition MPs press FIC for answers on Phala Phala matter

The Centre said the law prevents it from confirming whether it has received, analysed, or shared information relating to specific cases or individuals.

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COFI is changing the FSCA before it changes the industry

The Authority is adapting its supervisory model, regulatory framework, and systems to support an outcomes-based approach to conduct regulation.

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Bogdanov to challenge ruling upholding JSE sanctions

The FST dismisses former EOH director Anushka Bogdanov’s application for reconsideration of sanctions imposed over misrepresented qualifications.

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  • Retirement fund arrears rise to R8.33bn despite R1bn in recoveries
  • CMS reviewing Bonitas complaints, says recovery plan appears to be bearing fruit
  • Funeral insurance Bill moves to Parliament, but questions persist
  • New SARS filing feature could mean fewer verification delays
  • Treasury proposes higher levies for 2026/27
  • Alexforbes’ pivot to independent advisers starts paying off
  • Latest FATF review puts South Africa under a harsher spotlight
  • NFO recovers R442.99m for consumers as complaints climb
  • Bonitas members caught in service disruption after administration switch
  • Why are so few affluent investors using offshore platforms?
  • Investors kept buying despite first-quarter market sell-off
  • AI in financial advice: where investors draw the line
  • F&I professionals urged to turn compliance into customer value
  • RABS revival enters final stretch as criticism over RAF reforms grows
  • Trust is an insurance broker’s ‘moat’ in the digital era
  • Why AI could change everything we value about work and wealth
  • NHI case hinges on one question: was the public truly heard?
  • SARS publishes tax filing deadlines for 2026
  • RAF faces claims surge if form falls
  • Draft AI policy scrapped after fake citation findings
  • Behaviour outperforms income in financial well-being measure
  • CMS moves to rein in how medical schemes investigate fraud
  • COFI at the heart of FSCA’s 2026 regulation plan
  • Registration closing for Moonstone’s regulatory update webinar
  • Refundable ‘premium’ sinks taxpayer’s insurance deduction
  • CMS explains why it rejected GEMS’s bid to lower contribution increase
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