Regulator finds ‘comprehensive chronic cover’ advert misleading
The former chief executive of Massmart and Edcon filed a complaint with the Advertising Regulatory Board against Discovery Health Medical Scheme.
Industry News
FSP ordered to compensate client for R3.1m following cybercrime loss
A recent High Court ruling underscores the fiduciary duties of financial services providers in the context of escalating digital threats.
Why insurance matters as South Africans flock to shops and online deals
The excitement of scoring great Black Friday deals is accompanied by a crucial reminder: the importance of insurance to safeguard purchases from unforeseen mishaps.
Strategic partnership to ‘fill missing piece of the puzzle’ in liability insurance
The collaboration aims to empower Old Mutual Insure to broaden its footprint and provide specialised liability coverage throughout the African continent.
Supreme Court upholds King Price’s appeal against motor vehicle claim
The SCA finds the policyholder failed to produce evidence to support his pleaded claim for damages based on the vehicle’s market value.
Don’t simply assume your policy covers you for hail damage
Steps the insured can take to enhance the likelihood of a successful claim.
Volatility results in decline in CIS assets under management in the third quarter
But AUM grew by 11% when measured over the 12 months to the end of September.
South Africa undertakes to implement Crypto-asset Reporting Framework
As global jurisdictions, including South Africa, gear up to implement the Crypto-Asset Reporting Framework by 2027, a new era of tax compliance and intensified efforts to combat crypto-related tax evasion is on the horizon.
Lara Warburton clinches top honour as FPI Financial Planner of the Year
Video interview: Lara Warburton, the managing director of Integral Wealth Management, shares why she entered the Financial Planner of the Year competition and what has stood out for her at this year’s FPI Professional’s Convention.
Looking back at this year’s FPI Professional’s Convention
Video interview: Kirsty Scully, the chairperson of the FPI, and Lelané Bezuidenhout, the chief executive of the FPI, on the key take-aways from the Financial Planning Institute’s two-day convention.
Unlock the potential of AI in cybersecurity: webinar on the importance of reducing human cyber risk
Join Moonstone Business School of Excellence for an eye-opening webinar that will transform the way you think about digital defence in the financial industry.
DAY 2 LIVE from the 2023 FPI Professional’s Convention
The second and final day (15 November) of the 2023 FPI Professional’s Convention just got underway at the Sandton Convention Centre and online.
Penalties loom for non-compliance with OPFA information requests
OPFA 2022-2023 Annual Report annual report highlights key determinations in pension administration law.
China to rise again – prefer indirect exposure through Richemont and LVMH
Infrastructure spending should be good for business and consumer confidence, leading to a rise in the China Non-manufacturing PMI and a re-rating of luxury goods stocks.
‘Due care and diligence’ at the centre of BHI Trust probe – FSCA
The FSCA’s investigation into FSPs who might have suggested the trust to their clients aims to assess whether these providers took into account suitability and risk factors.
Survey unpacks corporate taxpayers’ perceptions of Sars’s service
The results indicate an improvement in the level of service since 2018, but many taxpayers say it has become harder to comply with their obligations.
FAIS Ombud thanks FSPs for their co-operation to resolve disputes
The Ombud aims to issue determinations only as a last resort.
