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Home / Industry News / Page 57

Industry News

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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BHI Trust: R12.4 million recovered, R1.5 billion still at stake

The joint trustees have managed to recoup R12.4m, but R1.5bn remains in claims. The efforts to recover funds through settlements, asset recovery, and legal action continue.

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Treasury asks First National Bank to assist Ithala’s SASSA customers

Treasury and SASSA respond to an allegation that Ithala’s client database was ‘unlawfully’ transferred to FNB.

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Court hears case on low-cost benefit options for medical schemes

The case raises questions about whether LCBOs will expand access to affordable private healthcare or threaten the rollout of NHI.

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Victims of ‘investment’ scam to receive share of recovered funds

Victims of the Ant Ranch scheme will receive a share of the R475 000 held in terms of a preservation order. However, the money may not go far in reimbursing their losses.

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BHF to appeal decision to deny tariff negotiation exemption for medical schemes

It says the Competition Commission’s ruling hampers access to affordable private healthcare and contradicts recommendations from the Health Market Inquiry.

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Private hospitals push back on NHI legislation

The Hospital Association of South Africa joins other organisations in challenging the NHI Act in court but keeps the door open for dialogue with the government.

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