
Burial society ordered to pay after failing to inform policyholder of premium hike
The FAIS Ombud found that Luvuyo Burial and Consulting failed to comply with the Policyholder Protection Rules.
The key to a successful dividend strategy is identifying firms that wisely reinvest in growth while maintaining manageable payout ratios.
The FAIS Ombud found that Luvuyo Burial and Consulting failed to comply with the Policyholder Protection Rules.
South Africa’s courts have taken much guidance from the judgments emerging from the United Kingdom relating to Covid-19.
The King Committee, in collaboration with the Institute of Directors in South Africa, has unveiled the draft King V Code for public comment.
The Tribunal finds the FSP skipped critical steps, including notifying the representative and giving her an opportunity to respond.
With a focus on financial inclusion, digital transformation, and food security, SPEF II aims to drive impactful investments in underserved sectors.
Despite record-breaking global temperatures and escalating climate risks, most South African retirement funds lack climate policies – raising concerns about the long-term sustainability of their investments.
As South Africa’s decentralised finance market gains traction, the FSCA is exploring ways to balance innovation with consumer protection.
Lebohang Funeral Home left policyholders exposed by failing to secure underwriting, misleading clients about their coverage, and refusing to pay a valid funeral claim.
The Guidance Note reflects significant amendments relating to an accountable institution’s RMCP.
The decisions show that even thwarted attempts to breach confidentiality signal a critical lapse in integrity.
But the government cannot afford to set up an independent supply-side regulator as recommended by the Health Market Inquiry.
From impersonating financial institutions to AI-generated videos of trusted figures, fraudsters are exploiting technology and social networks to steal investors’ hard-earned money.
The complexities of prescription periods and cross-jurisdictional disputes can lead to significant insurance reserving and cost implications.
Several municipalities have lost about 75% of their money.
FSCA also warns about unauthorised funeral policies being sold by a company in the Western Cape.
Experts slam the idea of a VAT increase, pointing to a record tax burden and bloated expenditure. From uncollected billions to inefficient governance, the real fix lies in reining in waste, not squeezing taxpayers.
South Africa is yet to demonstrate ‘sustained effectiveness’ in investigating and prosecuting serious money laundering and terrorist financing activities
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