Latest claim statistics provide insights for financial advisers, says Old Mutual
Advisers can reference the data to guide consumers in making informed decisions about risk cover.
FSCA slaps Banxso and directors with record R2bn fine
The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
What business owners should know about declared insured values
Having accurate declared insured values is fundamental to the insurer being able to underwrite the policy properly.
Auditors’ regulator welcomes hike in fines for misconduct
But will this have unintended adverse consequences for the profession?
The groundwork for risk-on investment strategies is being laid
The relationship between the percentage of US banks tightening or reducing their lending criteria and momentum in world stock markets.
What private companies should know about beneficial ownership disclosure
To make sense of the new disclosure regime, it is necessary to distinguish the novel concept of a beneficial owner from the pre-existing notion of “beneficial interest”.
Credit agreement concluded electronically is valid, High Court confirms
Defendant also argues a recorded phone call should not be considered because he was not warned it might be used in court.
‘Meeting of the minds’ is essential at application stage
Long-term insurance ombudsman orders the complainant to be compensated for poor service.
NHI Bill is a ‘charade’ that will collapse eventually, says BLSA
Department of Health director-general says NHI can be built despite the dire condition of the public healthcare system.
Partially fraudulent claim: insured forfeits R1.6m
SCA orders a policyholder to repay Discovery Insure the entire settlement, not only the amount related to the fraudulent part of the claim.
‘Many years’ to go before NHI poses a threat to medical schemes, says Discovery
CEO Ryan Noach says there’s ‘no way’ the government can nationalise members’ contributions.
Stand out from the rest with the Higher Certificate in Short-term Insurance
Applications for the second semester close on 26 June.
Cosatu wants a higher cap on transfers to fund members’ savings pots
It’s also hoping for concessions on access to the retirement pot when members are retrenched or dismissed.
Seeding will have a minimal impact on retirement funds’ liquidity, says Old Mutual
The updated legislation puts the retirement industry in a better position to be ready by 1 March 2024, it says.
Regulator rules on Budget Insurance’s Faf in a Speedo advert
Two members of the public complained that the image of De Klerk in his ‘underwear/costume’ was distasteful and caused them discomfort.
Unit trust portfolios that attracted the most money over the past 12 months
Assets under management increase to R3.27 trillion.
Statutory ombud for small businesses is back on the legislative agenda
The ombud will be able to make awards in respect of non-payment for goods and services.
This is how much you will be able to transfer to your savings pot on 1 March 2024
Retirement fund members who are expecting a big pay-out will be disappointed.
