FAIS Ombud’s report identifies FSP ‘problem areas’
These include delays with funeral policy claims, advice to clients who buy living annuities, and insurance policy disclosures.
MediCheck claims win as Discovery Health writes off up to R170m in ATB recoveries
Discovery Health has abandoned recovery action against more than 16 500 members, agreeing to absorb up to R170 million in overpaid ATB claims after sustained pressure from MediCheck,
Set yourself up for a career in short-term insurance with MBSE’s Higher Certificate
The qualification fulfils the qualification requirement for obtaining the Insurance Licentiate (LIISA) designation.
Trustco takes the JSE to the tribunal for a second time
Meanwhile, the High Court dismisses Trustco’s bid to have the FST’s November 2021 decision reviewed and set aside.
Old Mutual to ‘re-enter’ retail banking space in 2024
The group unbundled its majority stake in Nedbank in 2018.
Omnibus anti-money laundering bill almost there
Opposition parties criticise rushed process and impact on NGOs.
Old Mutual life insurance sales continue to recover
Decline in mortality claims and lower client disinvestments and terminations.
MMH reports disappointing new business volumes
Momentum Metropolitan’s life businesses benefit from decline in death claims and higher investment returns.
How to keep cybercriminals at bay when shopping online this Black Friday
Cybercriminals create bogus online stores that claim to sell hard-to-find items.
Analysis of oncology benefits reveals grave cost concerns
Both private healthcare and public healthcare are negatively affected by costing factors beyond their control.
FAIS Ombud’s office releases its 2021/22 report
Eight interesting things, including an update on long-standing property syndication complaints.
FSCA workshops on irregularity reports and funeral parlour FSPs
Attendance is limited to the first 1 300 people who register.
Healthcare providers will no longer ‘call the shots’ under NHI, says minister
Therefore, current 8.5% of GDP spent on healthcare resources will be enough to fund NHI, Parliament told.
Households are R253bn poorer thanks to rising interest rates
Share prices declined and bond yields increased, negatively affecting the value of households’ retirement funds and investments.
3Sixty Life petitions Supreme Court of Appeal over final curatorship order
This follows the High Court’s decision confirming its earlier judgment.
Pension Funds Adjudicator’s creation of a new complaint unfair to the applicant
The Adjudicator also failed to apply the Pension Fund’s Act prescription provision correctly, tribunal says.
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The Advanced Certificate in Financial Planning will equip you to provide holistic financial planning services.
Directors of Insure Group Managers take their debarments to the FST
Tribunal considers whether the insurers in some way gave their consent to IGM investing the premiums in illiquid assets.
