Discovery Health has abandoned recovery action against more than 16 500 members, agreeing to absorb up to R170 million in overpaid ATB claims after sustained pressure from MediCheck,
“In anticipation of public hearings on the 2020 Financial Sector Laws Amendment Bill and Pension Funds Amendment Bill, written submissions are sought by 17 May. With public hearings on the Fiscal Responsibility Bill […]
A FSCA media release on 15 October 2020 contained details of the withdrawal of an FSP licence, the debarment of the sole director, key individual and representative for 10 years as well as […]
A FSCA media release on 15 October 2020 contained details of the withdrawal of an FSP licence, the debarment of the sole director, key individual and representative for 10 years as well as […]
“A recent decision of the Supreme Court of Appeal, handed down on 13 April 2021, will have a material impact on South Africa’s insurers, requiring them to review their policies,” according to George […]
In a recent communication, the Financial Sector Conduct Authority (FSCA) informed the retirement fund industry that it is in the process of finalising the endorsement of (urgent) amendments to rules of funds received […]
The summary dismissal of a complaint by the FAIS Ombud was overturned by the Financial Sector Tribunal in a decision published on 30 April 2021. The complaint was dismissed by the Ombud in […]
Concerning recent market performance, Philipp Wörz, fund manager at PSG Asset Management, states: “Equity markets continued to show strong positive momentum this quarter. Locally, the JSE All Share Index (ALSI) finally broke through […]
Concerning recent market performance, Philipp Wörz, fund manager at PSG Asset Management, states: “Equity markets continued to show strong positive momentum this quarter. Locally, the JSE All Share Index (ALSI) finally broke through […]
Sustainable investing has grown in strength and appeal, particularly during the pandemic, with many leading think tanks and asset managers suggesting it may finally have “reached its tipping point” – there are, however, […]
The Momentum Investments & Oxford Risk Noise and Investment Advice Study brought some interesting facts to light on the effect subjectivity has on the advisor as well. With its purpose to detect variation […]
The Momentum Investments & Oxford Risk Noise and Investment Advice Study brought some interesting facts to light on the effect subjectivity has on the advisor as well. With its purpose to detect variation […]
During the COVID-19 pandemic, 74% of U.S. financial advisors who used social media for business initiated new relationships or onboarded new clients, according to the Putnam Investments Social Advisor 2020 Study. The research […]
During the COVID-19 pandemic, 74% of U.S. financial advisors who used social media for business initiated new relationships or onboarded new clients, according to the Putnam Investments Social Advisor 2020 Study. The research […]
The South African Reserve Bank (SARB) will introduce the Authenticated Collections (AC)/DebiCheck project from 1 May 2021 as part of its modernisation of the national payment system (NPS). According to SARB, this project […]
The South African Reserve Bank (SARB) will introduce the Authenticated Collections (AC)/DebiCheck project from 1 May 2021 as part of its modernisation of the national payment system (NPS). According to SARB, this project […]
The coronavirus pandemic continues to take its toll on the economy, with data from Stats SA showing that liquidations rose 49% year-on-year in March. According to the statistics, the liquidations hit small, medium […]
The coronavirus pandemic continues to take its toll on the economy, with data from Stats SA showing that liquidations rose 49% year-on-year in March. According to the statistics, the liquidations hit small, medium […]
