In Circular 48, the CMS signals tougher enforcement against exempted insurers, warning that non-compliant branding and failure to notify regulators will attract decisive action.
Sabinet brings together a streamlined workflow by linking the regulatory instrument with the relevant legislation, as well as linked content by Sabinet’s product specialists for ease of use.
It also clarifies the relationship between the courts’ findings and the reconsideration application.
With our FETC qualifications, you can study further even if you don’t have a matric certificate.
The amendments to regulation 28 of the Pension Funds Act take effect on January 3.
Intermediaries can help clients to understand the implications of losing their protection.
It is markedly higher than the increases over the past three financial years.
Curator’s answers to members’ questions are available online.
The effective functioning of the office will contribute to a fairer deal for all.
The exemption does away with the R50 000 average-benefit-per-member threshold and caps the membership threshold at 100.
Holding personal information ‘just in case’ isn’t good enough.
The life insurer says the channel was never intended to be a long-term term undertaking.
Pension Funds Adjudicator also failed to appreciate the prospect that Absa’s civil claim would succeed, says the tribunal.
None of the events stipulated for triggering the termination of the agreement had taken place, Supreme Court of Appeal finds.
Practitioners can get authority from the Master’s Office within weeks but battle for months for a response from some of the banks.
It’s possible that, at some point, providers of crypto asset services will be required to submit third-party data to Sars.
Statistics indicate that 42% of South Africans had funeral cover in 2021, down from 53% in 2019. This is surprising considering that the pandemic increased claims, as well as people’s fear of death, the world over and significantly impacted the funeral insurance market and the claims environment.
SA’s 14.3 million income-earners have enough life and disability insurance to cover only 45% of their total insurance needs.
