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?
RABS revival enters final stretch as criticism over RAF reforms grows
The government says work on reviving the RABS Bill is nearing completion, even as critics warn the reforms could worsen the RAF’s financial crisis.
‘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.
What’s ‘new’ in the PA’s directive relating to Fica and life insurance beneficiaries?
Three things to note when it comes to customer due diligence and assessing money laundering and terrorist financing risk.
Discovery links up with Clicks to bring health insurance to the mass market
What are the benefits, premiums and waiting periods?
Thursday briefing: a round-up of recent financial services news
SA unit trust returns | Flood claims | Santam profits warning | Insuretech raises $17m | Sanlam-AfroCentric deal | Business account fees.
New green energy fund offers investors a tax break of up to 100%
As with the similar section 12J investment incentive schemes, the barrier to entry is high.
Investigation into N-e-FG Administrators is ‘at an advanced stage’
FSCA has taken steps after considering the statutory manager’s report.
FSCA finally pulls the plug on alternative stock exchange
Following ‘prolonged non-compliance’ with the liquidity and capital adequacy requirements.
You can’t be fired just because you’re unpopular, court says
Labour Appeal Court rules that Standard Bank branch manager must be reinstated.
Will artificial intelligence replace personal financial advice?
The huge strides being made by developments in this field should be seen as a wake-up call for financial advisers.
Introducing our new columnist Ryk de Klerk
Independent insights into a range of investment-related matters
South Africa is at high risk, but not only on the downside
The country is in a position similar to the one it was in before the apartheid system collapsed.
Time is running out for new accountable institutions to register with the FIC
The amendments to Schedule 1 of Fica mean more individuals and businesses have, by definition, become accountable institutions.
