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Home / Author: Moonstone Information Refinery / Page 87

Author: Moonstone Information Refinery

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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RAF wants to take its case against Discovery to the Constitutional Court

The fund has not resumed paying the past medical expenses of scheme members injured in motor vehicle accidents.

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‘New’ and ‘old’ accountable institutions must comply with the provisions of Fica

Sanctions can include a fine of up to R10 million in respect of a natural person and R50m in respect of a legal person.

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What retirement funds pay their board members and principal officers

PwC survey finds that 74% of funds are now paying some or all their board members, up from 47% in 2020.

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Discovery files for leave to appeal R25m incapacity pay-out order

The judgment could have far-reaching implications for the life insurance industry, it says.

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Statutory management of Private Security Sector Provident Fund to end

Trustees and principal officer commit to good governance in enforceable undertaking signed with the FSCA.

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PSG Konsult grows assets under management by 13% as others struggle

The group also intends to maintain its high dividend pay-out ratio.

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Monday briefing: a round-up of recent financial services news

Old Mutual sets minimum salary | Apex to manage Eskom retirement fund

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Ombud considers what adequate disclosure is in terms of the General Code

Two complaints where the FAIS Ombud held that the FSPs had not drawn the clients’ attention to the material terms.

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Unfair for insurer to decline claim purely because it was reported late – Osti

The insured submitted a third-party liability claim two months after the incident.

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‘Worrying trend’ in medical schemes’ membership profile

Alexforbes report also shows that contribution increases have outstripped CPI inflation over the past 22 years.

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Tribunal may accept late reconsideration applications if good cause is shown

This case is an example of what good cause is not.

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Thursday briefing: a round-up of recent financial services news

FNB to expand adviser network | Extending mortgages to fund solar unwise | Bank staff sentenced for fraud | ANC-EFF coalition ‘worries investors’

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Most schemes rely on investments to achieve a net breakeven result – report

Do their highly conservative investment strategies pose a threat to their long-term sustainability?

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FIC issues guidance note on electronic funds transfers

How accountable institutions must apply the SA Reserve Bank’s directive of 2022.

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Former SAA board member barred from practising as a CA and fined R6.1m

The Zondo report said Saica should investigate whether Yakhe Kwinana was suitable to work as a chartered accountant.

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FSCA drops proposed minimum B-BBEE Level 4 requirement

Authority publishes the final version of its strategy to promote transformation in the financial sector.

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MBSE will help you fulfil your CPD requirements

And MBSE’s updated Fica Awareness Short Course is the ideal way to get to grips with your organisation’s compliance obligations.

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Investment Rates

 

Updated 4 August 2025

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Money Market funds

Updated 4 August 2025

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N-e-FG: Tribunal dismisses R470m ‘pay-back offer’
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