Moonstone Information Refinery – Page 168

Life insurers top R5 trillion as growth masks rising risk pressures

Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.

If you look at readers’ comments on Monday’s article, many think it is.

Another trend is the marked increase in death claims due to heart conditions and cancer.

The FSCA had already reduced the penalties and dropped the intention to debar for 10 years.

Financial Services Tribunal considers the Adjudicator’s powers relating to section 14 transfers

The VDP allows taxpayers to come clean on non-compliance that may lead to penalties discovered by Sars.

It creates a black-owned investment manager with more than R1 trillion in assets under management.

Part three in a series that explains why climate risk matters to investors.

Data from Ninety One provides an insight into the industry’s demographics and financial performance.

Tribunal was ‘not afforded the courtesy’ of an explanation for the ombud’s failure to respond to questions from the deputy chairperson.

Tribunal repeats its previous ‘recommendation’ that the FAIS Ombud obtain oral and expert evidence to resolve the disputes of fact.

Part two in a series that explains why climate risk matters to investors.

Stringent compliance obligations await if it is, but there’ll be a transitional period for new sectors.

Only 15% of the death claims received by the five insurers between March 2020 and August 2022 were due to confirmed Covid deaths.

It will apply to estate agents, attorneys and trust practitioners, among others.

This qualification is newly approved as an accredited qualification by the Financial Planning Institute of Southern Africa.

No doubt, other insurers will soon follow suit.

Referring clients to another broker does not constitute advice for the purposes of the FAIS Act.