Banking Ombud on banks’ performance
According to the Annual Report of the Ombudsman for Banking Services (OBS) there was a significant increase in cases for most Banks when compared to 2019. Only Absa Bank recorded a reduction in […]
Treasury’s strategy for unclaimed benefits ‘conflates two separate issues’
The industry broadly supports centralising tracing and administration but questions whether moving assets to the CPD is necessary, appropriate, or in members’ interests.
Banking Ombud on banks’ performance
According to the Annual Report of the Ombudsman for Banking Services (OBS) there was a significant increase in cases for most Banks when compared to 2019. Only Absa Bank recorded a reduction in […]
Banking Ombud 2020 Annual Report sees notable increase in complaints
“The year in review was an unprecedented and difficult one for the banking industry as well as its customers. Surprisingly, the Office did not receive many complaints relating to the financial crisis. In […]
Banking Ombud 2020 Annual Report sees notable increase in complaints
“The year in review was an unprecedented and difficult one for the banking industry as well as its customers. Surprisingly, the Office did not receive many complaints relating to the financial crisis. In […]
Combine POPIA awareness with CPD recognition
The Protection of Personal Information Act (PoPIA) comes into full effect from 1 July 2021. This date should come as no surprise to anyone or any business as many Sections of the Act […]
Impact of emigration law changes on retirement funding provision
Regulations regarding taking retirement funds out of the country when you emigrate changed from 1 March 2021. These changes affect people who have certain types of retirement funding, such as retirement annuities and […]
Escalation of Policy Benefits under Demarcation Regulations
Towards the end of April 2021, Finance Minister Tito Mboweni published the Annual Policy Benefit Escalations regarding the Demarcation Regulations, regulated under section 72 of the Long-term Insurance Act and section 70 of […]
Reversal in fortunes for many local equity funds
A recent analysis by Citywire showed that the top-performing SA equity funds in the first four months of this year were some of the worst performers last year. According to Patrick Cairns, the […]
UK regulator aims to strengthen investment rules to avoid white noise in risk warnings
One of the interesting findings of the recently discussed Momentum Investments and Oxford Risk Noise and Investment Advice Study was that the conventional methods of assessing risk of individual investors, is subject to […]
UK regulator aims to strengthen investment rules to avoid white noise in risk warnings
One of the interesting findings of the recently discussed Momentum Investments and Oxford Risk Noise and Investment Advice Study was that the conventional methods of assessing risk of individual investors, is subject to […]
Financial advice on TikTok – Threat or opportunity for the young?
In a recent article, Nomi Bodlani, head of strategic markets at Allan Gray highlighted the dangers of following financial advice on TikTok. Bodlani also cautioned that the phenomenon has opened the door for […]
Financial advice on TikTok – Threat or opportunity for the young?
In a recent article, Nomi Bodlani, head of strategic markets at Allan Gray highlighted the dangers of following financial advice on TikTok. Bodlani also cautioned that the phenomenon has opened the door for […]
Short-term Insurance trends amongst the super wealthy
The money matters of the super wealthy topped the agenda at the recently held Elite Wealth Conference. The virtual event offered brokers and their clients a fascinating look at the lifestyle of the […]
Short-term Insurance trends amongst the super wealthy
The money matters of the super wealthy topped the agenda at the recently held Elite Wealth Conference. The virtual event offered brokers and their clients a fascinating look at the lifestyle of the […]
Input sought on three finance Bills
“In anticipation of public hearings on the 2020 Financial Sector Laws Amendment Bill and Pension Funds Amendment Bill, written submissions are sought by 17 May. With public hearings on the Fiscal Responsibility Bill […]
Input sought on three finance Bills
“In anticipation of public hearings on the 2020 Financial Sector Laws Amendment Bill and Pension Funds Amendment Bill, written submissions are sought by 17 May. With public hearings on the Fiscal Responsibility Bill […]
Enforceable undertakings – the new order?
A FSCA media release on 15 October 2020 contained details of the withdrawal of an FSP licence, the debarment of the sole director, key individual and representative for 10 years as well as […]
