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Home / Industry News / Page 33

Industry News

Videos

Video interview: New mutual insurer enters the market

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2025 FPI Convention Highlights with Lelané Bezuidenhout and Ronald Matande

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Key compliance issues for FSPs in 2025/26

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DBE gets temporary relief from R5m fine, but legal battle over matric results continues

The Department of Basic Education has filed a review application, aiming to have the notice barring the publication of the matric results declared unconstitutional.

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Insurance pioneer Douw Steyn passes away aged 72

His legacy includes a groundbreaking approach to selling insurance, building Steyn City, and a commitment to community development.

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VBS scandal: six convicted, 35 arrested – and more to come

Authorities have convicted six individuals in the VBS Mutual Bank fraud case, including former executives and municipal officials. However, with 29 accused still on trial and 43 more suspects under investigation, the case is far from over.

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SARS ramps up scrutiny as trust and provisional tax filings surge

With more tax returns submitted, SARS is intensifying efforts to ensure full compliance, particularly among trusts, using AI and data-driven enforcement.

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SARS anticipates up to R12bn from two-pot withdrawals

This is double the initial estimate of between R5bn and R6bn.

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Latest warnings against unauthorised operators soliciting ‘investments’

The FSCA has issued warnings about individuals and entities promising unrealistic returns while lacking the required authorisation to offer financial services.

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Interview with Nicola Langridge, 2025 Financial Planner of Year

The Financial Planning Institute of Southern Africa on 3 November named Nicola Langridge as the winner of the Financial Planner of the Year Award. Mark Bechard of Moonstone Publications spoke to Langridge, a […]

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Why I am overweight in US assets

The US economy continues to surge ahead, driven by AI investments, resilient corporate growth, and strategic monetary policy.

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Court ruling on SRD grant could deepen the government’s fiscal crisis

The judgment strikes down restrictive aspects of the grant regulations, ordering the government to increase the grant and ensure that no eligible applicants are excluded.

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Gross two-pot withdrawals top R43 billion

SARS highlights common errors that can lead to application rejections and warns against attempts to evade tax.

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US market dominance: exceptional growth or hidden risk?

PSG Asset Management warns that market complacency, overconcentration in US equities, challenging starting valuations, and potential policy risks could make the next decade challenging for investors.

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Most South Africans can only afford to retire at 80, says Sanlam

Employer interventions, including automatic contribution increases and making finance advice more accessible, are required to bridge the retirement age gap.

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Holiday season spending soars: cash remains king amid festive shopping frenzy

BankservAfrica data shows cash demand remained high in December, with online shopping also seeing record growth.

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Why DeepSeek’s AI innovation could disrupt the global tech landscape

DeepSeek’s new AI has sent shockwaves through stock markets. Schroders shares insights on how this shift may alter chip demand and influence technology giants.

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Nethengwe to lead OM Bank as launch draws near

With regulatory approval secured, Old Mutual Bank is set to debut later this year, offering a digital-first banking experience tailored for South Africa’s mass market.

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Ex-SAA board member Kwinana challenges SAICA disciplinary findings

Yakhe Kwinana argues that the findings should be set aside, as they were based on flawed reasoning, lack of evidence, and a predetermined agenda to find her guilty.

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FPI hits 5 000 CFP® professionals, CEO calls for broader client base

The increase in certified professionals reflects both a growing recognition of the value of financial planners and a shift towards more inclusive, client-focused financial advice.

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Investment Rates

 

Updated 1 December 2025

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Money Market funds

Updated 1 December 2025

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Key compliance issues for FSPs in 2025/26
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