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Home / Industry News / Page 80

Industry News

Videos

Timur Turlov on chess, investing, and why South Africa matters

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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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People’s expenses change in retirement. Shouldn’t their income too?

Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.

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Why these Veblen stocks deserve a place in my investment portfolio

Rooted in luxury and status, Veblen stocks represent brands where consumers willingly pay a premium, driving profit margins and sustained growth.

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Increase in fund members planning to make a two-pot withdrawal

The Sanlam Benchmark Survey also shows that more respondents are turning to online sources for product information instead of using a personal adviser.

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More consumers turning to rewards to manage living expenses

These programmes are having a significant influence on the way people shop, according to the 2024 Sanlam Benchmark Survey.

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Watch out for these tell-tale signs of a tax-filing season scam

Fraudsters are contacting taxpayers who are issued with auto-assessments and impersonating SARS.

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Costly battle: addressing absenteeism with corporate wellness programmes

Absenteeism costs South Africa R12bn to R16bn annually, with mental health-related ‘presenteeism’ adding an estimated R235bn a year.

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Discovery marketing material ‘misleads’ by inviting multiple claims for each new dread disease

The policy’s limitations show there are circumstances in which a policyholder cannot claim for a dread disease related to a prior claim, the ARB says.

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Investors demand justice as alleged ‘Ponzi mastermind’ remains free

Victims of the Classic Financial Services scheme express dismay that director Cobus Geldenhuis remains at large amid accusations of defrauding investors.

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Steinhoff former execs accused of reaping hundreds of millions through ‘fraudulent efforts’

The NPA indictment against former executives Stéhan Grobler and Ben la Grange details how they earned millions due to inflated share prices based on false profits.

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FSCA provides an update on progress with the move to COFI

The Authority’s latest three-year Regulation Plan does not specify by when the three-phase transition project will be completed.

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Performance tool for IFAs in retail investment sector

Alexforbes’ recently launched Retail Manager Watch surveys provide a detailed analysis of the retail multi-asset class investment landscape.

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Impersonation fraud skyrockets by 337%, targeting financial sector

Santam’s Jerry Chetty reports a troubling trend where fraudsters use social engineering to obtain policyholder information.

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AI’s energy appetite to spark global capacity expansion

The increased use of AI will demand a major build-out of data centres and greatly increase electricity consumption.

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How the Steinhoff Group propped up its profits

The National Prosecuting Authority’s indictment against former Steinhoff executives lays bare a ‘sophisticated washing machine’ that generated ‘entirely illusory profits’.

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Discovery gap cover advert ‘should have made the waiting period explicit’

The ARB says the advert is misleading because it did not make it clear that the maternity benefit came with a 12-month waiting period.

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Exiting the grey list before June 2025 is unlikely, says Treasury

The FATF did not discuss removing SA from the grey list but focused on the progress the country has made in addressing the 22 Action Items.

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Scammers at work … from VAT fraud to fake invoices

Lieutenant General Godfrey Lebeya details the cases involving financial crimes investigated by the Hawks.

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