Company retirement fund benefits: what are your options on resignation or retrenchment?
The pension or provident fund is likely to have additional risk benefits that may change significantly when you leave your current company.
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
Employers warned of risks posed by chatbots like ChatGPT in the workplace
ENS highlights the threat of ‘conversational AI leaks’, urging employers to monitor unauthorised usage.
FSCA imposes R143m penalty on Classic Financial Services director, creditors unaffected
Jacobus Geldenhuis misused clients’ funds instead of investing in shares, FSCA finds amidst Ponzi scheme investigation.
Financial regulator again extends the exemption on compliance officer visits
The exemption remains subject to the conditions announced in 2017, and COs must inform FSPs they are operating under the exemption.
Tribunal amends aspects of JSE’s public censure of listed company’s director
The fine of R2m imposed on AYO’s Khalid Abdulla was reduced to R1.2m.
Reach professional goals in 2024 by studying further with MBSE
As Moonstone Business School of Excellence’s 2024 enrolment deadline nears, insights from last year’s top achievers offer guidance to prospective students.
Scammers forge fake regulatory exam certificates
In their latest scheme, fraudsters are peddling fake Regulatory Examination certificates, utilising the name and logo of Masthead (Pty) along with the FSCA’s.
Insurance crime threatens economic growth: expert urges collaborative action
Dr Jerry Chetty, Head of Business Integrity at Santam, examines the interconnectedness of insurance crime and the need for it to be dealt with as a priority crime.
10 tips that can save you from falling victim to an ‘investment’ scam
There has been an increase in complaints about deceptive practices wherein fraudsters employ the details of celebrities to persuade individuals to invest.
WhatsApp ‘investment’ scam targets Fedgroup
The FSCA also alerts the public to a cryptocurrency trading platform that is not authorised to render services in South Africa
Old Mutual resolves disputes with staff fired over Covid vaccination policy
What, if anything, was decided about the legality of mandatory vaccinations in the workplace?
KI’s enquiries could have prevented losses suffered by Stringfellow clients, says FST
‘A key individual is not only responsible to oversee the categories of financial services for which he is licensed, but he bears an oversight role in relation to the FSP generally.’
Insurers face pricing challenges amid uncertainty in death and disability claims
Discovery Employee Benefits reports on claim trends in its 2023 financial year.
FAIS Ombud highlights FSPs’ obligations when a policy is replaced
The complaint arose because the policyholders were under the impression the new policy had retroactive cover.
PG Diploma in Financial Planning: top achievers of 2023 share how they succeeded with MBSE
Moonstone Business School of Excellence reports record enrolments for its online qualifications.
FSCA extends the duration of three exemption Notices
The exemptions relate to the audit report and liquidity requirements, juristic representatives, and professional indemnity or fidelity insurance cover.
‘Courts should not simply rubberstamp punitive costs orders against defaulting consumers’
Judge says the courts have a duty to assess whether contracts do not offend against constitutional principles, as well as the NCA and the CPA.
