The FSCA, National Treasury, and the Pension Funds Adjudicator tell MPs what they are doing to address the non-payment of retirement fund contributions. Regulatory interventions other than COFI may be in the offing.
The FSCA is evaluating whether administration fees are reasonable. If it believes they are not, it will explore whether it is necessary to cap or regulate fees.
Mareo Nel resumed unauthorised forex trading despite signing an enforceable undertaking in 2021.
Despite an enforcement notice from the Information Regulator, the Department of Basic Education says it will publish the 2024 matric results in newspapers.
Old Mutual’s Andrew Davison highlights why the two-pot system could lead to better retirement outcomes – and what trustees and advisers need to consider to make it happen.
Yakhe Kwinana has appeared in court charged with fraud for failing to disclose conflicts of interest in an SAA auditing tender.
An entity must be authorised by the FSCA and the Prudential Authority to issue insurance policies in South Africa.
During his first term, Donald Trump’s policies spurred a confidence-fuelled boom in US markets. With proposals for deeper tax cuts and renewed trade barriers, he’s aiming for a repeat performance.
58% of South Africa’s municipalities – 149 out of 257 – are behind on their retirement fund contributions, highlighting a growing issue in local government finances.
FSCA plans to issue guidance on what it considers to be a fair and transparent approach to transaction fees.
During the 16 Days of Activism, financial adviser Jessica Pillay urges women to identify economic abuse and gives advice on how to reclaim their independence.
With over R5.2 billion in unpaid retirement fund contributions and municipalities among the worst offenders, the FSCA is poised to gain expanded powers under the COFI Bill.
The High Court has dismissed challenges by a policyholder accused of defrauding Discovery Life of more than R16m in disability and income protection claims.
Ninety One will acquire Sanlam Investment Management and oversee investment management for Sanlam Investments UK.
Some 20% of applications for tax directives were rejected.
In one case, a woman orchestrated the killing of her cousin’s partner, and in the other, a couple lured and murdered a man, using his death to stage a life insurance scam.
The classification of a person as a consultant is not determinative in deciding whether a restraint of trade applies.
