Sanlam proposes R6.5 billion buyout of Assupol
The deal is anticipated to enhance Sanlam’s competitive standing in the retail mass market.
FSCA licenses most crypto provider applicants – as enforcement tightens
The rising number of investigations and inspections underline a shift from registration to active supervision.
PortfolioMetrix lists actively managed bond ETF
The fund offers professional and retail investors access to more attractive parts of the market that do not fall within the fixed-income indices.
Acquisition of OUTvest paves the way for ‘digital disruption’, Alexforbes says
While the saying ‘build it and they will come’ may not always hold true for fintech start-ups, Alexforbes is aiming to make a difference by bringing its significant reach to bear.
Minister of Finance publishes Pension Funds Amendment Bill
The amendments are necessary for private sector retirement funds to give effect to the two-pot retirement system.
The downside to a side hustle
It is the sole prerogative of an employer to regulate when moonlighting may be permitted, and if so, on what terms.
Tribunal sets aside WesBank’s debarment of financial and insurance marketer
The Financial Services Tribunal says the dispute is ‘one of the many cases where employers use labour disputes to debar FSP representatives’.
South Africa’s corruption crisis: lowest score yet on global perceptions index
The country’s latest score on the Corruption Perceptions Index is lower than it was during the administration of former president Jacob Zuma.
Three cases focusing on the insured’s reporting obligations following a vehicle theft
In two cases, the Ombudsman for Short-term Insurance found the insurer should not have rejected the claims.
Financial professionals urged to reassess qualifications amid changing dynamics
MBSE alerts individuals who completed unit standards or credit-bearing programmes related to FETC: Short-term Insurance or FETC: Wealth Management to ensure ongoing Fit and Proper compliance.
Evidence of material bias in Discovery Connect debarment, says Tribunal
The sales agent was accused of manipulating quotes to reduce clients’ motor vehicle insurance premiums.
FSCA warns public of rising scams on social media platforms
The Authority breaks down the red flags that may indicate a product or scheme is fraudulent.
Insurer correctly repudiated claim for allegedly written-off car – High Court
The policyholder did not disclose two previous ‘minor’ incidents involving a different vehicle and a different insurer.
What SA’s prolonged hard insurance market means for insurers, brokers, and clients
Advisers can offer clients invaluable insights and the tools they need to thrive, even in times of turbulence.
Ignore R&D-driven growth stocks at your peril
The thrust behind the re-rating of growth stocks since 2010 was technological advancements and innovation through research and development.
Global recognition for MTI joint liquidators’ statutory powers grows
The creditors’ list in the Ponzi scheme stands at 8 550 as the joint liquidators prepare to submit the second liquidation and distribution account to the Master of the High Court.
Policyholder waiting for funeral policy payout after three years
The FAIS Ombud issues a determination after the FSP fails to follow through on its undertaking to settle the claim.
Loadshedding is not a joke in the workplace, CCMA rules
Employees who post messages on their employer’s social media groups must consider the impact on the employer and other employees.
