When death do us part
One has to wonder whether those who are so quick to criticise the industry in isolated cases ever take note of the good news. Not that I am implying that death is good […]
Industry News
Why did MPC keep interest rates unchanged?
The answer is simple. Inflation, according to Thalia Petousis, fund manager at Allan Gray. Last week, the Reserve Bank’s Monetary Policy Committee (MPC) voted unanimously to keep the repo rate unchanged at 3,5%, […]
SAQA impacted by funding constraints
Legalbrief Today reports as follows: “The SA Qualifications Authority (Saqa) has been forced to operate at limited capacity due to funding constraints, which could leave thousands of prospective students and employees in limbo. […]
Latest on the rocky road to National Health Insurance
Legalbrief Today reported yesterday on articles in Die Burger and the Cape Argus on briefings to Parliament’s Health Committee by the Health Professions Council (HPCSA) and the Board of Healthcare Funders (BHF). The […]
Ubuntu, fairness and equity in financial services
The matter of social justice was one of the considerations in the high-profile business interruption cases that were considered over the last year. A prime example of how this can be approached is […]
Ubuntu, fairness and equity in financial services
The matter of social justice was one of the considerations in the high-profile business interruption cases that were considered over the last year. A prime example of how this can be approached is […]
Five ways to get new habits to stick
COVID-19 has changed our experience of being a customer, an employee, a citizen and a human. These behaviour shifts will not change overnight and some have now become the norm. “Well, COVID-19 has […]
Recovery of local value funds – No similarities between the top six
In a recent Citywire article, Patrick Cairns takes a look at six equity funds riding the value wave. Cairns highlights that to be a successful value manager, you need patience. “You can find […]
CMS clarifies selection of Designated Service Providers and excessive co-payments
As a result of a high volume of queries following the recent publication of the Government Gazette Notice on the future of Designated Service Providers (DSPs) and co-payments, the Council for Medical Schemes […]
CMS clarifies selection of Designated Service Providers and excessive co-payments
As a result of a high volume of queries following the recent publication of the Government Gazette Notice on the future of Designated Service Providers (DSPs) and co-payments, the Council for Medical Schemes […]
Banking Ombud on banks’ performance
According to the Annual Report of the Ombudsman for Banking Services (OBS) there was a significant increase in cases for most Banks when compared to 2019. Only Absa Bank recorded a reduction in […]
Banking Ombud on banks’ performance
According to the Annual Report of the Ombudsman for Banking Services (OBS) there was a significant increase in cases for most Banks when compared to 2019. Only Absa Bank recorded a reduction in […]
Banking Ombud 2020 Annual Report sees notable increase in complaints
“The year in review was an unprecedented and difficult one for the banking industry as well as its customers. Surprisingly, the Office did not receive many complaints relating to the financial crisis. In […]
Banking Ombud 2020 Annual Report sees notable increase in complaints
“The year in review was an unprecedented and difficult one for the banking industry as well as its customers. Surprisingly, the Office did not receive many complaints relating to the financial crisis. In […]
Reversal in fortunes for many local equity funds
A recent analysis by Citywire showed that the top-performing SA equity funds in the first four months of this year were some of the worst performers last year. According to Patrick Cairns, the […]
Update on endorsement of rule amendments of retirement funds
In a recent communication, the Financial Sector Conduct Authority (FSCA) informed the retirement fund industry that it is in the process of finalising the endorsement of (urgent) amendments to rules of funds received […]
Welcome signs of a market rotation after pandemic
Concerning recent market performance, Philipp Wörz, fund manager at PSG Asset Management, states: “Equity markets continued to show strong positive momentum this quarter. Locally, the JSE All Share Index (ALSI) finally broke through […]
