It’s nearly March – there’s no time to waste to get your CPD hours
Our updated Fica Awareness Short Course is one of many courses MBSE offers so you can fulfil your CPD requirements.
Ithala pulled back from the edge, but its future remains in doubt
The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
FSCA sets out how intermediaries may be paid for RA fund transfers
Final version of guidance notice on intermediary remuneration published.
New earnings threshold impacts your rights as an employee
If you earn more, certain provisions of three pieces of labour legislation don’t automatically apply.
Here are the contributions Discovery members will pay in 2023
The scheme says members who belong to hospital and limited day-to-day plans will pay 7.9% more.
Guardrisk seeks summary judgment over unpaid premiums
Insurer and director signed a suretyship after intermediary allegedly used premiums to cover its own business expenses.
Supreme Court of Appeal rules on impact of curatorship on prescription
Shoprite Checkers contends the curator had a year within which to file the claim from the date on which he was appointed.
Criminals are now eyeing solar panels in South Africa
Are clients covered against such theft?
Individual policyholder funds with assessed losses face higher tax bill
How the limitation on setting off assessed losses against taxable income affects life insurers and policyholders.
Reminder: conduct standard on retirement fund contributions is now in effect
Conduct Standard 1 of 2022 aims to help eradicate non-payment of retirement fund contributions by employers.
This is SA’s cheapest bank if you transact completely online, according to Solidarity’s survey
The report also compares the cost of banking at Absa, Capitec, First National Bank, Nedbank, and Standard Bank.
Monday briefing: a round-up of recent financial services news
Pawn-while-you-drive warning | Guardrisk insurtech platform | OM buys digital wills start-up | Investec outperforms Alsi
Severance pay isn’t compulsory if you are retrenched for operational reasons
At issue: did the retrenching employer’s efforts secure alternative employment for the retrenched employees?
‘Bleak’ outlook for SA Post Office medical scheme
Financially threatened MediPos is placed under provisional curatorship
ChatGPT: a useful tool or risk for lawyers?
One can foresee that lawyers who have taken the time to understand ChatGPT will be able to utilise it for everyday tasks.
Santam clarifies the impact of grid failure exclusion on power surge cover
The intention of the grid failure exclusion is not to cancel power surge cover, the insurer says.
What insurers’ grid failure exclusions mean for clients
Advice from a qualified intermediary on how to interpret an insurer’s policy wording is essential.
MBSE’s student numbers are up despite harsh economic climate
Applications for the second semester of 2023 are already open.
