PA publishes draft guidance notes for banks and insurers on climate-related risks, disclosures
Banks and insurers are expected to treat climate risk as a financial risk rather than merely a reputational risk event.
Author: Moonstone Information Refinery
Beware of chancers: FSCA issues warnings against dubious operators
From individuals impersonating the FSCA to falsely presenting themselves as legitimate FSPs, alleged fraudsters are coming at consumers from all sides.
Why long-term investors should make peace with bear markets and market downturns
Investors should anticipate an equity market decline of at least 10% every 18 months, and a drop of at least 20% every five years.
Failure to have a vehicle inspected does not necessarily mean an insurer can reject a claim
The insurer could not revert to the pre-inception sales discussion when subsequent developments had clearly overtaken that fact, ombud finds.
Webinars on getting to grips with the Employment Equity Act – at no cost
Moonstone Compliance’s webinars will demystify the Employment Equity Act, enabling employers to navigate the Act effectively.
Sanlam initiates unwinding of B-BBEE transaction amid market volatility and share concerns
Sanlam to consider alternatives ‘in the best interest of stakeholders’ to implement the orderly unwinding of SU BEE Funding in the lead-up to the funding repayment date.
FSCA to issue a new interpretation ruling on section 37C
Interpretation Ruling 1 of 2020 incorrectly brought an unclaimed benefit within the ambit of section 37C of the Pension Funds Act.
The unit trust category that has far out-performed the others over the past decade
The average balanced fund has delivered about CPI + 2% over 10 years, which is well below the returns these funds aim to deliver.
How the whole world wins when the financial gap for women is bridged
A ‘new frontier’ of gender, diversity and inclusion focused initiatives are tackling tackle gender inequality in the financial sector.
AARTO set to create complications for employers, says law firm
Consider the impact of the demerit and cancellation system on employees who are engaged as drivers or who need to have a valid driving licence.
Misunderstanding explains consumers’ low trust in insurance, survey finds
It also found that customers’ perceptions of how financial institutions – specifically, their bank – treat them affects their uptake of insurance.
What customers look for when choosing financial products and services
Respondents believe that charges should be for the ‘core’ financial product or service only, with additional features perceived as free add-ons.
Here are the details of the government’s loan scheme for solar energy
Businesses and households can apply for both the renewable energy tax breaks and the Energy Bounce Back Loan Guarantee Scheme.
Cyber threats meet AI: navigating the landscape of evolving cybersecurity
Artificial intelligence and machine learning algorithms have the potential to revolutionise how we protect ourselves online.
Read, understand, and critically examine before you click
Online fraudsters are employing increasingly sophisticated techniques to scam the public out of their personal details and money.
Sign up for our webinars on the Employment Equity Act – at no cost
Moonstone Compliance’s webinars will demystify the Employment Equity Act, enabling employers to navigate the Act effectively.
Preliminary report reveals cause of fire at Vodacom head office
Initial speculation pointed to the solar panels on the roof as the cause.
