COFI could redraw the lines of accountability in umbrella funds
COFI’s outcomes-based framework may push governance responsibility beyond trustees and require umbrella funds to prove that members are better off.
Investors kept buying despite first-quarter market sell-off
South African investors committed R51 billion to collective investment schemes in the first quarter of 2026 despite heightened market volatility.
Human error remains the biggest cybersecurity threat for dealerships
Panellists at the F&I Virtual Summit say most data breaches still begin with staff mistakes, despite growing investment in digital systems and compliance controls.
Sanlam’s inflows surge as product-mix shift puts pressure on new business margins
Growth was led by investment and life business, with a continued shift towards capital-light solutions reducing short-term new business margins.
AI impersonation exposes gaps in South African law
Existing legislation can offer some protection against deepfakes and fraud, but enforcement challenges and outdated frameworks leave victims vulnerable.
Clearer communication can prevent many motor insurance disputes
The NFO says proactive disclosure, better underwriting conversations, and stronger intermediary oversight will benefit customers and insurers alike.
Employers offset above-inflation pay increases by cutting benefits
Hybrid working, guaranteed bonuses, and fully paid parental leave are less common, even though employees rate them highly.
Code will change how estates and office parks handle visitor data
The Code emphasises proportional information processing in gated environments and aims to standardise lawful access-control practices.
Running out of time for CPD? MBSE says use the hours you already have
Advisers can reduce last-minute pressure by breaking the remaining hours into shorter, more manageable sessions instead of cramming courses into a final rush.
High Court warning to banks over rushed home auction valuations
The judgment strengthens constitutional protections for homeowners by rejecting speculative ‘drive-by’ property valuations used in foreclosure proceedings.
Parliament to assess fallout from certificate-of-need judgment
The Portfolio Committee will ask the Department of Health for a briefing on the implications of the Constitutional Court’s ruling.
NFO rules cancer claim turns on disease, not confirmation date
The life insurer could not rely on the date of the pathology report to deny cover after premiums had already lapsed.
On-site fuel storage may create hidden insurance exposures
GIB Insurance Brokers says firms storing larger fuel volumes on-site should ensure insurers are informed and that sums insured reflect the increased exposure.
Flood and fire claims dent Santam’s underwriting performance
The insurer anticipates additional claims from the recent storms in the Western Cape, although the full impact is not yet clear.
FSCA warns of Telegram groups impersonating financial firms
The regulator alerts the public to scammers who are abusing the names and branding of three authorised FSPs to solicit funds.
Foreign vehicles face new SARS border declaration rules
Foreign-registered vehicles entering or leaving South Africa will have to be declared on the Traveller Management System from 1 June.
Referral fees and FAIS: when a lead becomes intermediation
The High Court’s decision shows how commission-style lead arrangements can be characterised as FAIS intermediary services, with enforceability consequences.
National Treasury defends draft capital flow regulations
Treasury and the SARB say the proposals are not intended to criminalise crypto possession and have extended the deadline to comment.
