Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.
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In what Moneyweb terms “…a David and Goliath clash…”, the media has joined the fray in highlighting the matter. While several moving emotional pleas were made, there is also legal action. According to […]
The stand-off between non-life insurers and clients with business interruption cover on their policies increased in intensity as the Financial Sector Conduct Authority stepped up its involvement in the fray. According to a […]
The stand-off between non-life insurers and clients with business interruption cover on their policies increased in intensity as the Financial Sector Conduct Authority stepped up its involvement in the fray. According to a […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
The first repudiations of claims by policyholders for business interruption as a result of the pandemic have led to very keen media interest in the matter. The Ganas/Momentum case provided useful insight into […]
The first repudiations of claims by policyholders for business interruption as a result of the pandemic have led to very keen media interest in the matter. The Ganas/Momentum case provided useful insight into […]
Every dark cloud, as the saying goes, has a silver lining. In the case of Covid-19, this also applies, thanks to some great footwork by the life offices. If there is one thing […]
Last Monday we published an article on the outcome of a FSCA Tribunal hearing with the following introduction: “The findings of a hearing by the FSCA Tribunal in the Van Zyl case heard […]
The findings of a hearing by the FSCA Tribunal in the Van Zyl case heard on 25 June 2019 should result in serious introspection by the office of the FAIS Ombud. Whilst not […]
The statutory mandate which led to the creation of this Ombud’s office requires that it considers and disposes of complaints in a procedurally fair, informal, economical and expeditious manner, and by reference to […]
Experience taught us that a low-cost offer should be treated with suspicion and a no-cost one with even greater circumspection. There are exceptions, though. Softbyte Computers announced last week that Moonstone subscribers can […]
Experience taught us that a low-cost offer should be treated with suspicion and a no-cost one with even greater circumspection. There are exceptions, though. Softbyte Computers announced last week that Moonstone subscribers can […]
“Financial Technology (FinTech) has become an increasingly popular phenomenon, with people familiarising themselves with crypto-currencies such as Bitcoin, SAFcoin and many others. The main issue with all these currencies is that they operate […]
The recently published FSCA Second Quarter Bulletin 2018/2019 provides feedback on the FSCA’s regulatory update session at the recent Institute of Retirement Fund Association Conference. The directive is based on the general principle […]
Protection of data – become familiar with the requirements On May 25, 2018, the European Union’s General Data Protection Regulation (GDPR) came into force. The GDPR standardises data protection law across all 28 […]
