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Home / Industry News / Page 84

Industry News

Videos

What’s on the FIA’s agenda? Interview with FIA CEO Lizelle van der Merwe

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The FSCA and the intermediary: An interview with FIA President Ronald King

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Moonstone is at the FIA Advice Summit 2026- Puts the Future of Financial Advice in Focus

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What is supercore inflation, and could it influence the SARB’s rate decisions?

With the South African Reserve Bank’s 25 basis point interest rate cut announced last week, Ninety One explores the central bank’s new inflation measures – supercore and PCCI.

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Discovery announces 2025 contribution increases: average hike of 9.3%

Discovery Health Medical Scheme’s contribution adjustments will be more evenly distributed across its members, highlighting the widespread effects of increasing medical inflation on contribution rates.

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Tax on savings component withdrawals benefits low-income earners, says Treasury

The tax structure aims to be progressive, with low-income earners paying little to no tax on withdrawals, while high earners are taxed more.

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Momentum reports R1.7bn in two-pot withdrawal applications

More than 60% of two-pot withdrawal applicants have come from low-income groups, according to Momentum’s latest figures.

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Undervalued no more? JSE’s Leila Fourie on the re-rating of South African assets

Three months after the formation of the Government of National Unity, JSE CEO Leila Fourie shares how the exchange is reaping the benefits of political stability.

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Unit trust outflows hit R6bn, but market performance pushes AUM higher

Jittery investors continue to forego the benefits of remaining invested in equity portfolios over the long term.

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Are South Africans ready for the digital payment revolution?

The South African Reserve Bank’s inaugural Payments Study Report provides extensive insights into how the public perceives and uses various payment methods and instruments.

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ARB hears complaint about Naked Insurance’s ‘lose wait’ campaign

The ad’s play on words raises concerns over ‘insensitivity to weight-loss struggles’, but it does not violate the Code of Advertising Practice.

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OUTsurance delivers strong financial results with 20.3% earnings growth

OUTsurance South Africa reported an 8.4% increase in gross written premiums for its personal insurance segment and a 71.2% improvement in operating profit for its business insurance.

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FAIS Ombud proposes increasing the KI and representative levy

FSPs will have to budget for an additional R32 per key individual or representative in the 2025/26 financial year.

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Express kidnapping: when disclosing banking details leads to financial loss

When a customer compromises their confidential banking details, they are usually held liable, but once the breach is reported, the bank becomes responsible for mitigating any further losses.

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R4.1 billion in withdrawals: surge in two-pot claims highlights financial planning challenges

The introduction of the two-pot retirement system has triggered a wave of withdrawal applications, prompting concerns over tax liabilities and the need for improved financial education.

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Navigating insurance exclusions: key lessons from the NFO’s rulings

Thoroughly reading and understanding insurance policies and exclusion clauses benefits both parties, leading to fairer and more equitable outcomes for everyone involved.

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Ruling highlights need for clear crop insurance policies in the face of climate risks

The insurer bears the risk of any uncertainty or inconsistency in policy documents.

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FSCA and National Treasury urge financial sector to unite on financial education charter

CEOs and other decision-makers have just under three months to provide input on the Draft South African Financial Education Commitment Charter.

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No proposed compromise on NHI is on the table, says Health Minister

The Hospital Association of SA’s proposal for mandatory health insurance aims to shift millions of formally employed citizens to private coverage.

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Delay in Classic Financial Services investigation: investors demand answers

Significant progress has been made in mapping Classic’s total investor portfolio.

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