The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
The Financial Sector Conduct Authority (FSCA) has expressed its concern about high premium increases that are being implemented by insurers on funeral policies throughout the industry. While it is aware of the impact […]
Patrick Cairns published an interesting article in Citywire’s weekly roundup based on the latest ASISA statistics as at the end of June. Titled Ninety One overtakes Allan Gray as SA’s largest CIS manager, […]
Last week the Department of Social Development published a green paper on proposed social security and retirement reforms for public comment. And boy, did they get that. Solidarity has threatened with court action […]
Candidates wishing to write Regulatory exams are required to identify themselves by means of a VALID document, including an ID document, a driver’s license or a passport. With the backlog experienced in the […]
The drive to professionalise the financial services industry has brought many regulatory obligations. Keeping track of the myriad of competency requirements are, at best, a nightmare if you are still using outdated methods […]
The drive to professionalise the financial services industry has brought many regulatory obligations. Keeping track of the myriad of competency requirements are, at best, a nightmare if you are still using outdated methods […]
This year, for the first time, it seems likely that medical schemes will announce contribution increases which are in line with recommendations suggested by The Council for Medical Schemes (CMS). This is according […]
The Regulator’s Communication 16 of 2021 (FAIS) provides clarity to stakeholders, FSPs, key individuals and compliance officers regarding the submission of compliance reports, handover reports and irregularity reports for 2021. Compliance Reports and […]
The Regulator’s Communication 16 of 2021 (FAIS) provides clarity to stakeholders, FSPs, key individuals and compliance officers regarding the submission of compliance reports, handover reports and irregularity reports for 2021. Compliance Reports and […]
The massive impact of claims for business interruption resulting from a reportable contagious disease last year, followed by the civil unrest recently, is a sober reminder of our duty to ensure that clients […]
The massive impact of claims for business interruption resulting from a reportable contagious disease last year, followed by the civil unrest recently, is a sober reminder of our duty to ensure that clients […]
Last Thursday, the FSCA published that “Dear John” notice you all look forward to so much every year. Yes, you’ve guessed it – FSCA Notice 465 of 2021 contains details of the levies […]
Last Thursday, the FSCA published that “Dear John” notice you all look forward to so much every year. Yes, you’ve guessed it – FSCA Notice 465 of 2021 contains details of the levies […]
The pandemic has highlighted the financial vulnerability of people living in South Africa. Amidst a lagging vaccination programme and a resurgent third wave of infections, it is clear that the catchphrase ‘it won’t […]
A media release from PSG provides very interesting information on the need for clients to review their retirement planning in the wake of the impact the pandemic might have on this. Schalk Louw, […]
In a recent media release, Petrie Marx, Product Actuary at Sanlam Individual Life, provided some insight into the impact of the pandemic on its individual life business. In 2020, Sanlam Individual Life paid […]
The importance of proper data management was reiterated recently with the advent of the Protection of Personal Information Act (POPIA). The normal knee jerk reaction by many is to ask, “What do I […]
