The medical scheme says legacy issues contributed to post-transition challenges as members report delays with hospital authorisations and medication approvals.
Average administrative costs per retirement fund member increased from 2006 to 2018, but this overall increase conceals that average costs have fallen for particular fund types and classes and benefit structures. This is […]
The Minister of Justice and Correctional Services has given private bodies until the end of this year to compile a Promotion of Access to Information Act (PAIA) Manual. The exemption is effective from […]
We encourage financial advisers who make large offshore allocations for high-income living annuity pensioners to keep careful records of the rationale for the investment strategy.
The SA Revenue Service (Sars) has issued Binding General Ruling 58, which sets out the approvals by the Sars Commissioner when purchasing an annuity at retirement. This follows the withdrawal of General Notice […]
The FAIS Ombud will ask the FSCA to investigate whether a broker, her supervisor and the key individuals of AIK Brokers are fit and proper to act as FSPs after her office found […]
The FAIS Ombud will ask the FSCA to investigate whether a broker, her supervisor and the key individuals of AIK Brokers are fit and proper to act as FSPs after her office found […]
Intermediaries who master the art of segmentation are better equipped to service their clients appropriately, and their practices will have greater potential to grow, says Jacques Coetzer, the general manager: Strategy and Transformation […]
Intermediaries who master the art of segmentation are better equipped to service their clients appropriately, and their practices will have greater potential to grow, says Jacques Coetzer, the general manager: Strategy and Transformation […]
The Labour Appeal Court (LAC) has ruled that an employee who worked for four years after he reached retirement age was entitled to severance pay based on his entire period of employment, not […]
The Labour Appeal Court (LAC) has ruled that an employee who worked for four years after he reached retirement age was entitled to severance pay based on his entire period of employment, not […]
The Financial Services Tribunal has dismissed another complaint by a policyholder whose retirement savings were hit – six months before his retirement date – by the Liberty Lifestyle Retirement Annuity Fund’s decision to […]
Troubled state-owned entities have become the metaphorical albatross around the neck for the government, as was evident from the Minister of Finance’s recent medium-term budget. At the briefing to Parliament afterwards, Deputy Finance […]
Die herrie wat Rassie Erasmus se wedstrydontleding van die skeidsregter se foute ontlok het, is nie die eerste keer nie. In 1995 het die Engelse kaptein homself ook die gramskap van die establishment […]
Die herrie wat Rassie Erasmus se wedstrydontleding van die skeidsregter se foute ontlok het, is nie die eerste keer nie. In 1995 het die Engelse kaptein homself ook die gramskap van die establishment […]
The National Consumer Tribunal (NCT) has fined Clark Gardner, the chief executive of Summit Financial Partners, R500 000 after finding him guilty of contravening the National Credit Act (NCA). Gardner has something of […]
The Council for Medical Schemes (CMS) has already implemented a number of recommendations arising from the Special Investigating Unit’s investigation into alleged misconduct by its employees, and it plans to increase its tariffs […]
The Council for Medical Schemes (CMS) has already implemented a number of recommendations arising from the Special Investigating Unit’s investigation into alleged misconduct by its employees, and it plans to increase its tariffs […]
