The Financial Intelligence Centre (FIC) is calling for comments from accountable institutions, reporting institutions, supervisory bodies, and other persons on the draft Public Compliance Communication 12A (draft PCC 12A). The draft PCC 12A […]
According to the just-released claim statistics of Sanlam, cardiovascular disease, cancer and accidents remain the leading causes of claims and the company is urging clients to futureproof their financial lives. Cardiovascular disease as […]
According to the just-released claim statistics of Sanlam, cardiovascular disease, cancer and accidents remain the leading causes of claims and the company is urging clients to futureproof their financial lives. Cardiovascular disease as […]
Ask Afrika is conducting independent research on an ongoing basis, to understand the socio-economic impact that the Coronavirus, lockdown and gradual reopening of the economy has on South Africans. Each week new results […]
Ask Afrika is conducting independent research on an ongoing basis, to understand the socio-economic impact that the Coronavirus, lockdown and gradual reopening of the economy has on South Africans. Each week new results […]
There are currently 42 funds in the ASISA South Africa real estate general category. According to Patrick Cairns, in a Citywire article, just 15 of those have assets under management (AUM) of more […]
Old Mutual’s Savings & Investment Monitor also points out that there is no greater time than now for people to make responsible and informed financial decisions to ensure they can withstand the pressure […]
South African insurers have struggled to keep up with increased customer demands during the Covid-19 crisis. This was one of the take outs of an assessment of the South African insurance industry by […]
July Savings Month is the South African Savings Institute SASI’s annual national savings awareness campaign. In 2020, the #waystosave campaign includes an educational portal. “We’re focused on building a savings culture in South […]
After a comprehensive public consultation process and submission to Parliament, as required in terms of section 103 of the Financial Sector Regulation Act, 2017 (FSR Act), the FSCA has published the Conduct Standard […]
The Financial Sector Conduct Authority (FSCA) recently published a Conduct Standard for banks along with a document detailing its expected impact and a report on the consultation process. “Over the past decade a […]
According to the just-released claim statistics by Old Mutual, the proportion of heart attack claims have increased by 113% since 2016, moving heart attacks from being the least claimed ‘Big 4’ illness to […]
In a media release published last week, the FSCA confirmed that the recent judgment (Café Chameleon CC v Guardrisk) is in line with its earlier communication (communication 34 of 2020) and stressed their concern […]
If a taxpayer has outstanding tax debts (including penalties), the Tax Administration Act empowers the Commissioner for the South African Revenue Service (SARS) to appoint a third party, i.e. an employee of a […]
The 2003 version of the General Code of Conduct (GCoC) for authorised financial services providers and representatives captured the handling of complaints in three pages, only focussing on basic principles and procedures. The […]
“A new conduct standard on the conditions in terms of which smoothed bonus policies may form part of default investment portfolios was released on Tuesday evening and is scheduled to come into force […]
“A new conduct standard on the conditions in terms of which smoothed bonus policies may form part of default investment portfolios was released on Tuesday evening and is scheduled to come into force […]
