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Home / Industry News / Page 40

Industry News

Videos

Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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Landmark trade court suit could nullify Trump’s global tariffs

The ruling could strip the president of the power to levy duties without congressional approval and force the roll-back of existing levies, with major implications for businesses and global supply chains.

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Buffett’s final chapter: what the world’s greatest investor can teach us

From buying his first stock as a teen to building one of the world’s most valuable companies, Buffett’s story is rich with insight. As he retires, here are the five takeaways every investor should remember.

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Restarting Ithala: inside the legal tug-of-war over SA’s ‘state bank’

After months in limbo, Ithala resumes limited operations – but its revival faces steep legal and regulatory challenges as the battle over its liquidation and banking status intensifies.

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Funds ‘must do more’ to hold employers accountable for arrear contributions

The OPFA on how retirement funds should address non-compliant employers, death benefit allocations, and requests to withhold benefits.

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When passive meets disruption: unearthing alpha in a market-cap world

With passive assets now eclipsing active globally, Coronation’s Peter Kempen argues that momentum-driven capital flows create fertile ground for fundamental research – and for active managers who can spot value that index trackers miss.

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Grace period doesn’t prevent insurers from rejecting a claim

Some insurers send SMS or email reminders, but it is the policyholder’s responsibility to ensure that an overdue premium is paid.

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Ombud Council to focus on making financial consumers more aware of their right to redress

The Council will use complaints data to spot systemic risks and harmonise complaint-handling across all financial ombuds, its five-year strategic plan shows.

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Medical expenses | Court grants leave to appeal in member’s dispute with RAF

The outcome of Discovery Health’s appeal before the SCA will affect the outcome of the member’s claim for R1.4 million.

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Fund loses bid to remove limit on interest on arrear contributions

The Full Bench affirms that interest under the Pension Funds Act is capped by the common law in duplum rule.

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Bitcoin adoption: increasingly part of my investment portfolio

Net cumulative purchases via pure Bitcoin ETFs have surged 2.5-fold since mid-March. This influx underscores growing institutional conviction in Bitcoin as a core portfolio allocation.

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Ithala resumes operations – but still can’t take deposits

Ithala has been cleared to resume core operations – excluding deposit-taking – while legal battles over its liquidation and frozen R2.47bn in deposits continue.

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Bundled credit insurance ruled unlawful for consumers who can’t claim

Selling credit life insurance with retrenchment and disability cover to pensioners and disabled persons – who cannot meet the claim requirements – breaches the National Credit Act.

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Old Mutual’s new CEO will bring decades of financial sector experience to the role

Jurie Strydom, whose résumé includes leadership roles at Sanlam and Regent Insurance, will work alongside outgoing CEO Iain Williamson.

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Equity targets spark fears of ‘unjust’ penalties for employers

The DA’s court challenge to the Employment Equity Amendment Act highlights not only constitutional questions but also the risk that inflexible sectoral targets and under-resourced bureaucracy will penalise even deserving employers.

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Three-quarters of withdrawals in the new tax year are repeat claims

Many fund members are tapping into their savings components as soon as the tax window opens, data from the Actuarial Society indicates.

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High Court orders Ramaphosa to disclose NHI signing record

The President must produce the full record of his decision-making when assenting to the NHI Bill after the court rejected arguments that such records fall outside judicial review.

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Bank held liable for R2.1 million paid to fraudulent ‘executor’

A High Court ruling notes procedural failures at Standard Bank’s deceased estates department – highlighting that banks must verify and act only on valid letters of executorship.

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  • NHI case hinges on one question: was the public truly heard?
  • SARS publishes tax filing deadlines for 2026
  • RAF faces claims surge if form falls
  • Draft AI policy scrapped after fake citation findings
  • Behaviour outperforms income in financial well-being measure
  • CMS moves to rein in how medical schemes investigate fraud
  • FSCA withdraws SA Army Foundation licence, fines officials R44.7m
  • SCA ruling revives rejected RAF claims – and backdates the bill

  • Exam prep that works: How to get the most out of your time
  • FIC opens portal for submission of risk and compliance returns
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