Absa is taking over custody of the GEPF’s R3.5 trillion portfolio – but what does a master custodian actually do, and what does the change mean for the Fund’s 1.7 million-plus members and beneficiaries?
Evolving buildings and technologies are complicating structural fires, increasing the importance of prevention, resilience, municipal capacity, and effective risk transfer.
A policyholder’s godfather was recorded as her father despite the adviser knowing the true relationship, leading to a ruling that the insurer must pay the claim.
Improving domestic fundamentals, a potentially weaker US dollar, and lower inflation could mean the rand depreciates more slowly than investors have come to expect.
The framework separates administration from custody and investment and introduces a possible time limit on owners’ and beneficiaries’ claims.
iTOO is building an AI insurance book cautiously, using performance data, international experience, and reinsurance to price a risk that is still evolving.
A routine interaction for an insurance professional can be a crisis for the person on the other side, making empathy a practical part of the job.
Operational improvements have reduced the disruption, but short-paid and unpaid claims, tariff discrepancies, and difficult authorisations continue to require attention.
Rising bond yields and widening credit spreads suggest mounting risk, but equity valuations have yet to reflect it, raising the prospect of sharper market drawdowns.
The Tribunal found that evidence of tax non-residence must be assessed against the legislation, with clear reasons given when it is considered insufficient.
Most asset owners say they are responsible investors, but 43% have no independent way to assess whether their managers are delivering on their ESG commitments.
The FSP has paused its crypto-arbitrage service after the High Court upheld the SARB’s order, finding reasonable grounds to suspect exchange control contraventions.
General equity portfolios recorded their first net inflow in a year, while multi-asset funds continued to attract the bulk of investors’ money.
From the rand and commodities to electricity and logistics, several pieces of the South African investment story are moving in the right direction.
DebtBusters’ Q2 Debt Index shows that consumers earning over R50 000 a month need more than their monthly income to service debt.
With household debt absorbing income and retirement outcomes remaining poor, Discovery has introduced a benefit aimed at addressing both pressures.
The debarments follow an investigation into improper payment arrangements, unlawful revenue-sharing, and procurement practices at Regiments.
