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.
The theft of confidential company information has been on the rise since the start of the coronavirus pandemic, where the move to working from home has resulted in less stringent safeguards to protect […]
The “default” annuity regulations were introduced to encourage the preservation of pension benefits and not to enable retirement funds to duplicate the investments offered by the financial services industry. This was the finding […]
An FSP can institute debarment proceedings against a representative for breaches of contract as long as the contractual breaches also result in a failure to meet the Fit and Proper Requirements or are […]
Retirement – particularly forced retirement – of financial advisers poses problems not only for advisers and their practices, but also for their clients, says Guy Holwill, the chief executive of Fairbairn Consult. Young […]
Short-term insurance intermediaries who want to remain relevant will have to evolve from being insurance facilitators to professional risk advisers. This one of the key take-outs from Santam’s 2021 Insurance Barometer. “Much of […]
Pension fund trustees often have a difficult task in determining who is a dependant – and how much of a death benefit should be allocated to each dependant – when a fund member […]
An employer does not have to prove fraud, dishonesty or theft to a retirement fund, and a fund is not expected to make a judgment about whether the employer has, in fact, proved […]
Discovery Group Risk has reported a huge increase in the number and value of claims in its 2021 financial year because of the impact of Covid-19. “The 2021 financial year saw large increases […]
Investors can turn to many different measures to consider stock market valuations. Each tells a different story. They all have their benefits and shortcomings, so a rounded approach that takes into account their […]
Investors can turn to many different measures to consider stock market valuations. Each tells a different story. They all have their benefits and shortcomings, so a rounded approach that takes into account their […]
Three studies by Discovery Health actuaries have concluded that the benefits of being vaccinated against Covid-19 “undoubtedly” outweigh the risks. The research was based on data from members of medical schemes administered by […]
Three studies by Discovery Health actuaries have concluded that the benefits of being vaccinated against Covid-19 “undoubtedly” outweigh the risks. The research was based on data from members of medical schemes administered by […]
In line with its aim to bring new investment opportunities to South African clients, Discovery Invest launched a market-first credit fund targeting annual returns in euros of 7% a year, net of fees […]
In line with its aim to bring new investment opportunities to South African clients, Discovery Invest launched a market-first credit fund targeting annual returns in euros of 7% a year, net of fees […]
The establishment of the Financial Services Tribunal has brought much-needed legal certainty to the industry – in particular, those who are disgruntled by the views of decision-makers, as well as rulings by the […]
From 1 February next year, organisations that process certain types of information will have to obtain prior authorisation from the Information Regulator (IR). This will affect, among others, organisations that conduct credit or […]
From 1 February next year, organisations that process certain types of information will have to obtain prior authorisation from the Information Regulator (IR). This will affect, among others, organisations that conduct credit or […]
