For whom the bell tolls
On 26 October, alone, the FSCA issued six warnings to the public against providers of financial services which the regulator suspected were conducting unregistered business. Four of the six were involved in the […]
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
How do I love thee? Let me count the ways
Elizabeth Barrett Browning’s Sonnet 43 is arguably her best known one. It came to mind when Roché Cowley, a regular contributor to our humour section, recently shared the following with me. What would […]
How do I love thee? Let me count the ways
Elizabeth Barrett Browning’s Sonnet 43 is arguably her best known one. It came to mind when Roché Cowley, a regular contributor to our humour section, recently shared the following with me. What would […]
‘Severity of December fourth wave may well depend on vaccination level’
There is sufficient evidence to suggest that a fourth wave of Covid-19 will emerge in December – and its severity will most likely depend on whether immunity is built in most of the […]
‘Severity of December fourth wave may well depend on vaccination level’
There is sufficient evidence to suggest that a fourth wave of Covid-19 will emerge in December – and its severity will most likely depend on whether immunity is built in most of the […]
Why private wealth has declined in SA over the past decade
Private wealth in South Africa has declined by 25% over the past decade, but the country still has more than twice as many dollar millionaires as any other African country, according to the […]
Why private wealth has declined in SA over the past decade
Private wealth in South Africa has declined by 25% over the past decade, but the country still has more than twice as many dollar millionaires as any other African country, according to the […]
‘Most SA investors see environmental and social issues as important’
The global pandemic has sharpened South African investors’ focus on environmental and social issues, amid calls for greater sustainability-focused performance data, according to the Schroders Global Investor Study (GIS) 2021. The annual GIS […]
‘Most SA investors see environmental and social issues as important’
The global pandemic has sharpened South African investors’ focus on environmental and social issues, amid calls for greater sustainability-focused performance data, according to the Schroders Global Investor Study (GIS) 2021. The annual GIS […]
Why SA’s pension system ranks 31st out of 43 in a global survey
Limited coverage and low preservation are the main reasons South Africa’s pension system once again got a C grade in this year’s Mercer CFA Institute Global Pension Index (MCGPI). The country’s overall score […]
Estates and trusts in limbo due to huge backlog at Master’s Offices
Massive delays in winding-up deceased estates, as well as the functioning of trusts, are set to continue because of the almost total breakdown in services at the 15 Master’s Offices around the country. […]
Knowing where to tap
Possibly the single biggest pandemic issue affecting the short-term insurance industry was the contingent business interruption (CBI) controversy. At first, insurers denied liability, claiming that the lockdown was not an insured peril. It […]
Knowing where to tap
Possibly the single biggest pandemic issue affecting the short-term insurance industry was the contingent business interruption (CBI) controversy. At first, insurers denied liability, claiming that the lockdown was not an insured peril. It […]
Information Regulator publishes proposed amendments to POPIA
The Information Regulator (IR) has finally published the proposed amendments to the regulations issued in terms of the Protection of Personal Information Act (POPIA). It has also published the Rules of Procedure governing […]
KPMG survey reveals impact of recession and pandemic on short-term insurance industry
South Africa’s short-term insurance sector experienced a 28% fall in profit after tax (PAT) last year, from R8.3 billion in 2019 to R6bn, largely because of defaults on credit, an increase in net […]
KPMG survey reveals impact of recession and pandemic on short-term insurance industry
South Africa’s short-term insurance sector experienced a 28% fall in profit after tax (PAT) last year, from R8.3 billion in 2019 to R6bn, largely because of defaults on credit, an increase in net […]
Why are income protection claims rejected?
Policyholders’ misunderstanding of what is meant by waiting periods in the context of income protection policies was the main reason FMI rejected claims last year – and buying a policy with an inappropriate […]
