Draft FIC directive proposes detailed location reporting
Accountable institutions will have to provide comprehensive information on the location of their operations when registering with the Financial Intelligence Centre.
Bonitas transition proceeds as administrators outline plans amid legal uncertainty
Sanlam and Momentum outline how they are managing workforce, operations, and risk as the Bonitas transition proceeds despite an unresolved court challenge.
OUTsurance expands trading options with A2X secondary listing
OUTsurance will join South Africa’s alternative exchange from January, giving shareholders an additional platform to trade its shares with lower fees and extra liquidity, says A2X CEO Kevin Brady.
Ombud case highlights risk of mismatched annuity advice and implementation
Consumers must understand product terms and ensure documentation accurately reflects agreed guarantees and beneficiaries.
Start the year strong: how advisers can help clients reset their insurance foundations
Momentum Insure’s chief actuary, Rudolf Britz, urges advisers to guide clients through an annual insurance review in January – a simple yet powerful step to protect goals, reduce worry, and enable financial growth.
FSCA licenses most crypto provider applicants – as enforcement tightens
The rising number of investigations and inspections underline a shift from registration to active supervision.
Global, ambitious, ready: how top achievers navigate MBSE’s PGDip
Top achievers from Moonstone’s Postgraduate Diploma in Financial Planning show how the programme builds professional judgement, technical depth, and career clarity.
SARB softens exchange control rules, but barriers for non-residents remain
The Reserve Bank has partially reversed its exchange control changes, removing tax-clearance requirements for some non-resident income flows. However, restrictions on rental income and directors’ fees remain in place.
Ensure you understand exclusions in business all-risks policies
A drone listed on a policy wasn’t insured for its main purpose. This case is a reminder that exclusions can cancel out the protection you think you’ve bought.
Sanlam launches prepaid funeral cover for irregular-income earners
Clients can pay upfront for three, six, or twelve months of cover, offering an alternative to monthly debit-order policies.
NCC’s list of vanishing online suppliers swells to 95
The National Consumer Commission has added 38 untraceable businesses to its warning list, underscoring the growing scale of consumer harm from rogue online suppliers.
Avoid the January debt hangover: experts share festive spending tips
Experts urge South Africans to plan, set budgets, and prioritise essentials to enjoy the holidays without starting the year in debt.
Tribunal upholds debarment despite rep’s remorse and financial hardship
The falsification of an insurance claim and improper referral payments are incompatible with the fit and proper requirements.
Visible risk, invisible cost: advisers urged to pair sun safety with financial cover
With high melanoma rates and limited cover, Momentum Life says summer is the time for advisers to translate health messaging into critical illness conversations.
Hailstorms hit harder as climate shifts: farmers face rising losses and uncertain seasons
Shifting storm patterns and intensifying events are reshaping agricultural risk and making robust crop insurance indispensable.
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
Consumers can cancel defective, financed purchases using common law
The SCA rules that buyers may rely on actio redhibitoria to unwind financed vehicle purchases marred by latent defects, even when the deal falls under the NCA.
FIC urges businesses to simplify compliance: ‘focus on risks, not paperwork’
Accountable institutions should adopt practical, risk-based RMCPs tailored to their operations, rather than relying on lengthy templates.
