The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
The contentious issue of projections at point of sale versus actual maturity values came to the fore again in a recent Tribunal ruling on whether the Pension Fund Adjudicator was correct in agreeing […]
The contentious issue of projections at point of sale versus actual maturity values came to the fore again in a recent Tribunal ruling on whether the Pension Fund Adjudicator was correct in agreeing […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
In a case study shared in the recently published OSTI annual report, the issue to be determined was whether the insurer’s offer of settlement amounted to indemnification on the part of the insurer. […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
In the wake of what appears to be a substantial number of complaints regarding loss of income due to business interruption as a result of Covid-19, the Office of the Short-Term Ombud has […]
In January 2020, the World Health Organisation confirmed that the coronavirus is a public health emergency of international concern. Not only the daunting health implications of the virus, but also the physical restrictions […]
In January 2020, the World Health Organisation confirmed that the coronavirus is a public health emergency of international concern. Not only the daunting health implications of the virus, but also the physical restrictions […]
Video calls and video conferences are now a part of our everyday life. Although it is not the same as meeting your client or colleague face-to-face, it is the best we can do […]
Video calls and video conferences are now a part of our everyday life. Although it is not the same as meeting your client or colleague face-to-face, it is the best we can do […]
According to Mimecast, impersonation fraud jumped by almost a third during the first 100 days of the coronavirus pandemic, as cyber criminals looked to take advantage of many people suddenly working remotely. But how […]
The Association for Savings and Investment South Africa (ASISA) recently released the Collective Investment Schemes (CIS) industry statistics for the quarter and year ended March 2020. The CIS industry reported net inflows of R23 billion […]
Most insurers have implemented measures to assist clients who may struggle to pay their monthly premiums. These include premium holidays, discounts and deferrals of rate increases. How will these impact insurers financially? In […]
In response to the pandemic and based on research conducted in the 40 countries in which Kearney, a global management consulting firm operates, the firm released a report on the business implications that […]
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty,” Winston Churchill said. However, in times of distress, it is difficult to be optimistic and stay positive. […]
Towards the end of last week, the Financial Sector Conduct Authority (FSCA) published a draft Conduct Standard and supporting documents on the Requirements related to the payment of pension fund contributions. According to […]
Towards the end of last week, the Financial Sector Conduct Authority (FSCA) published a draft Conduct Standard and supporting documents on the Requirements related to the payment of pension fund contributions. According to […]
