SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
Whilst the South African government has been heavily criticised by both the media and the public regarding the availability of a COVID-19 vaccine, the Council for Medical Schemes (CMS) has been co-ordinating public-private […]
“In light of the SCA (Supreme Court of Appeal) judgment, the FSCA now expects the non-life insurance industry to honour its CBI cover obligations and to make payment of valid CBI claims without […]
Towards the end of 2020 the Financial Sector Conduct Authority (FSCA) published its research report and consultation paper on Open Finance. What is Open Finance? “Open Finance is built on the principle of […]
Failure to comply with regulatory requirements can be a costly mistake. In a recent case, the Financial Sector Conduct Authority (FSCA) withdrew the FSP licence of Dikwena Funeral Parlour (Pty) Ltd, debarred Mr. […]
As 2020 winded down, the FSCA published various regulatory updates. Comments on most of these updates are due mid-February 2021. Here is a reminder of these amendments and updates: Proposed amendments to the […]
The Taxation Laws Amendment Bill, announced in Parliament late last year, introduces new tax rules regarding the annuitisation of provident funds which will come into effect on 1 March 2021. A recent opinion […]
The Taxation Laws Amendment Bill, announced in Parliament late last year, introduces new tax rules regarding the annuitisation of provident funds which will come into effect on 1 March 2021. A recent opinion […]
As the number of COVID-19 infections in South Africa spikes again, and everyone eagerly awaits the vaccine, people are more focused than usual on their own mortality. This highlights the importance of ensuring […]
Following the UK’s vaccine approval and other countries following, there is a possibility that once the COVID-19 vaccine is readily available and the associated risks of the disease are no longer top of […]
According to the 2019 consolidated statistics of fraudulent and dishonest claims, published by the Association for Savings and Investment South Africa (ASISA), there was a marked reduction in both the number of irregular […]
“An investment in knowledge pays the best interest.” – Benjamin Franklin. Quality education is an investment that does not come cheap. Many prospective students nowadays put their study plans on hold because they […]
“An investment in knowledge pays the best interest.” – Benjamin Franklin. Quality education is an investment that does not come cheap. Many prospective students nowadays put their study plans on hold because they […]
The festive season has always been a time for excessive spending. In the wake of the damage caused to household incomes by the Covid-19 pandemic, and the need to break free from lockdown […]
The festive season has always been a time for excessive spending. In the wake of the damage caused to household incomes by the Covid-19 pandemic, and the need to break free from lockdown […]
As we, as South Africa, enter our second year of Covid along with our pandemic technology responses, new ways of working and heightened screen time, how do we define business success in this […]
As we, as South Africa, enter our second year of Covid along with our pandemic technology responses, new ways of working and heightened screen time, how do we define business success in this […]
While the famous “Grinch” had its own personal reasons for avoiding the festive season and Christmas cheer, an individual’s credit score need not feel the same if managed properly notes Ayanda Ndimande, Business […]
