Insurance fraud is a global phenomenon
Submitting a false claim or exaggerating a genuine claim is seen as a “drop in the ocean” in the finances of insurance companies, but the reality is very different. “Many people think insurance […]
Life insurers top R5 trillion as growth masks rising risk pressures
Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.
Consumer rights month – Regulator puts client at the centre
March is officially Consumer Rights Month. “Through laws such as the Financial Services Regulatory Act (FSRA), the Financial Advisory and Intermediary Services Act (FAIS), the Treating Customers Fairly (TCF) approach as well as […]
Local hedge funds industry finding its feet in a regulated environment
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased […]
Local hedge funds industry finding its feet in a regulated environment
The South African hedge funds industry ended 2020 with assets under management of R73.27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased […]
Treasury tightens noose on retirement assets of emigrants
The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. According to Joon Chong and Wesley Grimm of leading law […]
Treasury tightens noose on retirement assets of emigrants
The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. According to Joon Chong and Wesley Grimm of leading law […]
Proposed amendments to Regulation 28 show long-awaited political savvy
At the end of February 2021, the National Treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 Medium Term […]
Proposed amendments to Regulation 28 show long-awaited political savvy
At the end of February 2021, the National Treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 Medium Term […]
Tough economic conditions fertile soil for criminals – New tactic to watch out for
The Southern African Fraud Prevention Service (SAFPS) has warned consumers to be vigilant against rampant fraud, especially impersonations, which have increased by more than 300% as desperate criminals seek to defraud their victims […]
Tough economic conditions fertile soil for criminals – New tactic to watch out for
The Southern African Fraud Prevention Service (SAFPS) has warned consumers to be vigilant against rampant fraud, especially impersonations, which have increased by more than 300% as desperate criminals seek to defraud their victims […]
POPIA – Information Officer Plays important role
From 1 July this year, South African companies must be fully compliant with the requirements of the Protection of Personal Information Act (POPIA), the Act that governs when and how organisations collect, use, […]
POPIA – Information Officer Plays important role
From 1 July this year, South African companies must be fully compliant with the requirements of the Protection of Personal Information Act (POPIA), the Act that governs when and how organisations collect, use, […]
FSCA – Various Exemption Extensions
On 26 February 2021, the Financial Sector Conduct Authority (FSCA) released the following three FAIS Notices: 1. FSCA FAIS Notice 15 of 2021 – Exemption of Juristic Representatives from section 13(1)(c) of the […]
FSCA – Various Exemption Extensions
On 26 February 2021, the Financial Sector Conduct Authority (FSCA) released the following three FAIS Notices: 1. FSCA FAIS Notice 15 of 2021 – Exemption of Juristic Representatives from section 13(1)(c) of the […]
Debarments – Don’t put your head in the sand
On 1 April 2018, the debarment process under the FAIS Act was amended by the Financial Sector Regulation Act 9 of 2017 (FSRA). Since then, many debarment cases have been referred to the Tribunal. […]
Debarments – Don’t put your head in the sand
On 1 April 2018, the debarment process under the FAIS Act was amended by the Financial Sector Regulation Act 9 of 2017 (FSRA). Since then, many debarment cases have been referred to the Tribunal. […]
Family planning – Gap cover helps beyond birth and every step of the way
“Pregnancy and childbirth are usually occasions of great joy, but the medical expense shortfalls that go along with it can add a lot of stress,” Tony Singleton, CEO at Turnberry Risk Management Solutions […]
