Longevity risk – are we addressing this appropriately?
The world is changing at a rapid rate and what was true yesterday is simply not true today. One of these outdated truths is that individuals are going to retire at 65 and […]
Industry News
How compounding can add value to your client
“No matter how much you earn or own in wealth right now, you still need to make a plan to protect, grow and ensure the wealth you accumulate can continue to increase over […]
It is time to address the serious problem of uninsured drivers
South African roads are amongst the most dangerous globally. According to Christelle Colman, spokesperson for Old Mutual Insure, accidents with uninsured drivers add to the financial burden of those who are responsible and […]
It is time to address the serious problem of uninsured drivers
South African roads are amongst the most dangerous globally. According to Christelle Colman, spokesperson for Old Mutual Insure, accidents with uninsured drivers add to the financial burden of those who are responsible and […]
Unemployed with debt? It’s not the end of the world for your client
“We cannot turn a blind eye to the frustrations brought on by the lockdown which may have resulted in job loss or salary reduction. And even in these difficult times, where people are […]
Unemployed with debt? It’s not the end of the world for your client
“We cannot turn a blind eye to the frustrations brought on by the lockdown which may have resulted in job loss or salary reduction. And even in these difficult times, where people are […]
Vishing overtakes phishing as it targets most vulnerable consumers
Despite numerous warnings from banks, the South African Banking Risk Information Centre (SABRIC) and media based messages the Ombudsman for Banking Services reports that it is continuing to receive complaints on a daily […]
Vishing overtakes phishing as it targets most vulnerable consumers
Despite numerous warnings from banks, the South African Banking Risk Information Centre (SABRIC) and media based messages the Ombudsman for Banking Services reports that it is continuing to receive complaints on a daily […]
Non-compliance leads to curatorship for KeyHealth
In 2020, the KeyHealth Medical Scheme was placed under provisional curatorship as a result of certain corporate governance irregularities. “The journey of restoring governance at KeyHealth Medical Scheme continues,” according to the Council […]
Industry update on requirements for insurers conducting the business of a medical scheme
The Council for Medical Schemes has released Circular 22 of 2021 that relates to revised exemption conditions to Circular 56 of 2020 which was published following the outcome of the renewal exemption applications […]
SARS: Tax dodgers can run, but can’t hide
So called high-net-worth-individuals came under the spotlight during the announcement by the South African Revenue Service (SARS) of its preliminary revenue results on 1 April 2021 after a year of National COVID-19 lockdown […]
SARS: Tax dodgers can run, but can’t hide
So called high-net-worth-individuals came under the spotlight during the announcement by the South African Revenue Service (SARS) of its preliminary revenue results on 1 April 2021 after a year of National COVID-19 lockdown […]
Positive impact of Covid-19 on medical aid industry
The 2020 Ask Afrika Orange Index® offers insight into consumer behaviour during the Covid-19 pandemic within the local South African context. A national representative sample of 16,786 interviews with South African consumers enable […]
Positive impact of Covid-19 on medical aid industry
The 2020 Ask Afrika Orange Index® offers insight into consumer behaviour during the Covid-19 pandemic within the local South African context. A national representative sample of 16,786 interviews with South African consumers enable […]
Covid-related insurance claims – The worst is yet to come
“If you can’t explain it simply, you don’t understand it well enough” – a quote by Albert Einstein that came to mind when I read the latest Short-term Ombudsman’s Briefcase. Policy wording and its interpretation at […]
Authorities note huge increase in illegal investment schemes
In the last few months there has been an increase in public cautions released by the Financial Sector Conduct Authority (FSCA) with regards to dealing with various investment schemes. “The increasing numbers and […]
Medical Schemes – Broker fees increased
The Council for Medical Schemes (CMS) recently announced the approval of an increase in the maximum amount payable to brokers in terms of Section 65 of the Medical Schemes Act (131 of 1998). […]
