
Industry News


Monday briefing: a round-up of recent financial services news
Bank staff allegedly helped gold smugglers | FIC gets forensic unit | Ramaphosa on exiting the grey list | OUTsurance boosts stake in Youi
Another big win for Satrix at awards for index-tracking funds
Its exchange-traded products won four Saltas for investment performance, as well as the People’s Choice Award.

Competition Tribunal rules it can hear currency manipulation case against banks
Nine more banks have been added to the case.

Enrol in our entry-level qualifications in insurance or financial planning
With our FETC qualifications, you can study further even if you don’t have a matric certificate.

Prosecutions and jail time ‘is the test SA must pass to get off the grey list’
Intellidex cautions against putting false confidence in exact numbers of the economic impact of grey-listing.

MPs get more time to obtain legal opinions on NHI Bill
This comes after opposition MPs walked out of the Portfolio Committee on Health in protest.

South Africans want ‘the rich’ to pay more tax, survey finds
In a country where only about 12% of the population is carrying the personal income tax burden, who exactly are ‘the rich’?

Truffle Asset Management wins big at the Morningstar awards
Takes one of the two fund house awards, and the funds it manages won in three of the seven fund categories.

Sars launches service channel for taxpayers who aren’t connected to the internet
The Unstructured Supplementary Service Data feature is free of charge.

Monday briefing: a round-up of recent financial services news
Tax Freedom Day on 14 May | Health Squared liquidator appointed

Big R, credit crunch: REITs are not recession-proof investments
The negative market sentiment towards US REITs will rub off on REITs globally and specifically on global REITs indexes.

What can the UK teach SA about adviser firm consolidations and acquisitions?
There is an increasing focus on consolidation in the financial advice industry to manage challenges around succession and retirement.

Premium growth, Australian business boost OUTsurance’s interim results
Personal lines claims ratio in SA increases because of rise in property-related claims and vehicle thefts.

NHI: MPs hear conflicting legal opinions on limiting the role of medical schemes
Parliamentary legal services and the State Law Adviser have different views on whether the NHI Bill will pass constitutional muster.

Monday briefing: a round-up of recent financial services news
Two-thirds of CEOs expect unrest | Funds with exposure to Transaction Capital

The banking crisis: a much-feared Black Swan has struck
The fallout could be very uncomfortable for equity investors and savers.



