Life cover nominations still valid despite administrative slip
A signed nomination received during the policyholder’s lifetime satisfied the contractual requirements despite an incorrect policy number.
Industry News
Silver: We saw the hysteria, will panic follow?
Inventory shifts and short covering drove the surge. With stocks rebuilding and hedging normalising, the market may be settling, says Ryk de Klerk.
Zero-rated chicken will have minimal impact on tax revenue, report finds
Advocates say including certain chicken products in the zero-rated food basket will directly benefit poorer households that rely on bone-in cuts and offal.
Only 15% make it: the six fault lines that break family businesses
Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.
High Court clarifies interpretation of amended Rule 4 in service matters
The Western Cape Division holds that affixing a summons does not automatically satisfy the amended service rule in default judgment applications.
PSG Financial Services announces board leadership change
Founder Willem Theron will step down as non-executive chairperson.
SA tops global fraud charts as FSCA flags social media investment scams
The FSCA warns South Africans to stay vigilant as unauthorised individuals and entities exploit social media and digital platforms to solicit high-risk investments.
Full Bench adds weight to challenges against RAF medical expense directives
Internal directives cannot displace court orders or long-standing principles governing compensation, says the Western Cape High Court.
Ruling leaves key exchange control questions unresolved in crypto arbitrage dispute
The case focuses attention on how the exchange control framework applies to crypto platforms that facilitate offshore trading through loans.
Sizwe Hosmed: High Court blocks board comeback, new curator installed
The CMS frames the judgment as necessary to protect members, emphasising the scheme is compliant, operational and under close oversight.
Study: investor behaviour improved in 2025, but anxiety remains costly
Momentum Investments’ latest behavioural research shows fewer portfolio switches and lower overall ‘behaviour tax’ last year.
Interest rate relief offers breathing space, not a turnaround in household finances
Despite easing inflation and lower borrowing costs, South Africans entering debt counselling use 71% of take-home pay to service debt, according to DebtBusters.
FSCA Consumer Advisory Panel releases inaugural annual report
The report details the Panel’s mandate, membership, and engagement with the regulator since its establishment in 2023.
When insurance claims are declined: how exclusions work
A complaint reviewed by the National Financial Ombud Scheme highlights how exclusions linked to unlawful conduct are assessed.
SCOPA moves from hearings to hard choices on the RAF
The committee’s final report is expected to examine the legal consequences of former chief executive Collins Letsoalo’s refusal to appear before Parliament.
Transport pressed on whether RABS can deal with RAF’s legacy claims
Unless the Road Accident Benefit Scheme Bill is retrospective, it may fail to ease the Fund’s financial burden for more than a decade, warn MPs.
New Cogence portfolios blend public and private markets for retail investors
The Diversified Markets portfolios introduce a measured allocation to private equity, credit, infrastructure, and real assets alongside listed investments.
