An FSCA press release on 8 July contains details of hefty administrative sanctions imposed on Momentum Wealth (Pty) Ltd and Momentum Collective Investments RF (Pty) Ltd for failing to comply with FICA requirements. […]
A Fin24 article relates how the private sector has joined the race to get the nation to herd immunity status as soon as possible. “As South Africa races against time amid a wildly […]
A prominent article in my early morning paper contained rather scathing comment on the short-term insurance industry, claiming that it was making a profit while its clients were languishing because their claims were […]
A prominent article in my early morning paper contained rather scathing comment on the short-term insurance industry, claiming that it was making a profit while its clients were languishing because their claims were […]
Filing season opened on 1 July 2021, with a significant number of taxpayers being assessed automatically. Key dates to diarise: 1 July to 23 November 2021 – for non-provisional taxpayers filing online. 16 […]
A Cape Argus article dated 24 June 2021 relates the details of a short-term insurance client who is suing his broker for negligence in failing to effect insurance against business interruption, leading to […]
Some of the highlights from survey concerns suspended contributions, a decrease in fund members and greater focus on wellness. It also notes the impact of the default regulations introduced in 2019. Suspended contributions […]
Some of the highlights from survey concerns suspended contributions, a decrease in fund members and greater focus on wellness. It also notes the impact of the default regulations introduced in 2019. Suspended contributions […]
“There is something that has been bugging me since 2004”, writes Andró Griessel on the Netwerk24 website, “and that is the so-called early termination charges on contractual savings plans.” (My translation) Griessel states […]
A number of changes to the General Code of Conduct for Authorised Financial Services Providers and Representatives become effective on 26 June 2021. The not so good news We reported on these changes […]
Legalbrief Today reports as follows: When Johannesburg resident Susan Church decided to cancel her insurance policy from Discovery Life Ltd, she had no inkling of the events that were to befall her six […]
Legalbrief Today reports as follows: When Johannesburg resident Susan Church decided to cancel her insurance policy from Discovery Life Ltd, she had no inkling of the events that were to befall her six […]
In the wake of calls from unions for legislation to be changed to allow workers to access their pension fund contributions in times of financial distress, other voices call for stronger measures to […]
In the wake of calls from unions for legislation to be changed to allow workers to access their pension fund contributions in times of financial distress, other voices call for stronger measures to […]
An applicant who was debarred after being found guilty of fraud and dishonesty appealed to the Financial Sector Conduct Authority for a reconsideration of the decision. The applicant “attacked the process of debarment” […]
The formal “Lists of Qualifications Recognised for Financial Services Providers, Key Individuals and Representatives, 2021” came into operation on 31 May 2021. This replaces its namesake for 2020. The list contains approved qualifications […]
On 1 June this year, President Cyril Ramaphosa approved the amended Customary Marriages Bill. This is a significant step towards equality for women in South Africa. Moremadi Mabule, Head of Wills at Sanlam […]
