High insurance cost of veldfires
– Preventative measures can reduce the spreading and damage to property “Extremely high fire danger conditions are expected over the interior of the Northern Cape, Little and Central Karoo of the Western Cape, […]
Industry News
Repeat offender Model Insurance – Bad reflection on industry
“En nog is dit het einde niet” – a Dutch saying translated into English as “it is still not the end”. This could be said of the Model Insurance Company, an unlicensed insurer […]
Default regulations for retirement funds – Applicable from 1 March 2019
The Minister of Finance issued the Default Regulations with effect from 1 September 2017. The Default Regulations prescribe conditions for default investment portfolios, default preservation and portability, and annuity strategies for funds. All new default […]
Default regulations for retirement funds – Applicable from 1 March 2019
The Minister of Finance issued the Default Regulations with effect from 1 September 2017. The Default Regulations prescribe conditions for default investment portfolios, default preservation and portability, and annuity strategies for funds. All new default […]
Trust in financial services still low – Survey reveals critical factors
Companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media […]
Trust in financial services still low – Survey reveals critical factors
Companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media […]
Don’t leave your client in the dark – SAIA advice for your clients
Earlier this month the whole of South Africa was impacted by load shedding. South Africans were scrambling to keep up to date with load shedding phases and schedules to ensure they have gas, […]
Don’t leave your client in the dark – SAIA advice for your clients
Earlier this month the whole of South Africa was impacted by load shedding. South Africans were scrambling to keep up to date with load shedding phases and schedules to ensure they have gas, […]
FSCA fines Product Provider R30 000
– Timely warning to industry about new advertising regulations Section 106(a) of the Collective Investment Schemes Act No.45 of 2002 states: No person may make a statement or disseminate information which he or […]
FSCA fines Product Provider R30 000
– Timely warning to industry about new advertising regulations Section 106(a) of the Collective Investment Schemes Act No.45 of 2002 states: No person may make a statement or disseminate information which he or […]
Budget 2019 – Insurance industry sees substantial changes in tax legislation
Alwina Brand, PwC Tax Partner was recently quoted in a Business Report article where she shared that the insurance industry has seen a number of substantial changes to tax legislation over the past […]
Budget 2019 – Insurance industry sees substantial changes in tax legislation
Alwina Brand, PwC Tax Partner was recently quoted in a Business Report article where she shared that the insurance industry has seen a number of substantial changes to tax legislation over the past […]
Amended supervision requirements – Formal agreement now a necessity
FSCA’s FAIS Notice 86 of 2018, the Exemption of services under supervision, came into effect on 1 February 2019, except for certain conditions, like the supervision agreement that was delayed until 1 March 2019. Supervision agreement It […]
Amended supervision requirements – Formal agreement now a necessity
FSCA’s FAIS Notice 86 of 2018, the Exemption of services under supervision, came into effect on 1 February 2019, except for certain conditions, like the supervision agreement that was delayed until 1 March 2019. Supervision agreement It […]
Allan Gray’s view on Budget 2019
– Focus shifts to restoring credibility Today’s media is filled with an array of comments and analysis of the Budget Speech of yesterday. According to Carla Rossouw, tax manager at Allan Gray, the […]
Non-disclosure of material terms – Costly omission by FSP
“The customer is always right” – a slogan that encourages especially service staff to give a high priority to customer satisfaction. In today’s testing economic times, and yesterday’s budget speech is testimony to […]
Annual CIS stats – Industry shoulders tough markets and attracts net inflow of R93.5 bn
The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with assets under management of R2.24 trillion. The annual CIS industry statistics for 2018 was released by […]
