The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
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, […]
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 […]
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 […]
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. […]
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. […]
“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 […]
South African households’ real net wealth increased by an estimated R1 009.1 billion (R1.009 trillion) from the onset of the second quarter of 2020 (Q2 2020) to the end of the year (Q4 […]
“When you consider that most South Africans retire without sufficient savings, a lack of decent increases will exacerbate the problem,” according to Twané Wessels, Product Actuary at retirement income specialist, Just. Salary increases […]
“Overall, I think the Minister had a very tough task to start with in trying to increase tax revenue and reduce costs. I think he has probably done the best he can with […]
“Overall, I think the Minister had a very tough task to start with in trying to increase tax revenue and reduce costs. I think he has probably done the best he can with […]
Last week, the Minister of Finance tabled the 2021 Budget, which, according to many experts was more optimistic than expected. “It is important to understand the context,” says Sandy McGregor, portfolio manager at […]
Last week, the Minister of Finance tabled the 2021 Budget, which, according to many experts was more optimistic than expected. “It is important to understand the context,” says Sandy McGregor, portfolio manager at […]
Failure to disclose material terms and conditions has been the downfall of many an adviser when a complaint is laid with the FAIS Ombud. Admittedly, 20/20 vision is only possible in hindsight as […]
Failure to disclose material terms and conditions has been the downfall of many an adviser when a complaint is laid with the FAIS Ombud. Admittedly, 20/20 vision is only possible in hindsight as […]
A recent article on the distinction between private, business and commercial motor insurance raised a few questions from our readers: “According to this article we all have to insure our vehicles for business […]
A recent article on the distinction between private, business and commercial motor insurance raised a few questions from our readers: “According to this article we all have to insure our vehicles for business […]
Substance abuse is on the increase in South Africa and at least 15% of South Africans are said to have a substance abuse problem according to 2016 statistics. Alcohol, marijuana (dagga), cocaine, tik […]
