To be (dishonest), or not to be?
Two recent tribunal cases make for quite interesting reading. No dishonest intent In the Mokotedi decision, the employer, a major bank, debarred a financial adviser on the grounds that he lacked the required […]
Ithala pulled back from the edge, but its future remains in doubt
The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
Investments – How to be a financially resilient investor
The COVID-19 pandemic and the subsequent market volatility has spotlighted the need for financial resilience among investors. “To be a successful investor, you need to understand what you are getting yourself into upfront, […]
More than one income? – Do not underestimate your tax liability
South African taxpayers with different sources of income are often shocked when they discover at the end of the tax year that pay-as-you-earn (PAYE) deductions did not cover their tax liabilities and that […]
Digital distractions – the new fatal attraction?
Technology has become the most important communication tool for us all and has transformed the way in which live our daily lives, including the way in which we find, consume and retain information. […]
COFI a step closer to reality – Latest draft bill published for comment
One of our colleagues, Paull Lawrence, pointed out that yesterday was the 16th birthday of the implementation of the FAIS Act. It also marked the publication of the second draft of the COFI […]
CMS Quarterly report – Key trends prior to Covid-19 lockdown
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 31 March 2020. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes comparative figures […]
Medical Scheme 2021 increases – How will it impact the pockets of South Africans?
October is the month when most medical schemes announce their updated rates for 2021.Will it be in line with the Council for Medical Schemes’ recommendation? In August 2020, the Council for Medical Schemes […]
Product Advertising – Misleading advertisement exposed
The Advertising Regulatory Board (ARB) recently told Old Mutual’s iWize to withdraw or amend its advert and to make it clear that only cars worth less than R1.2m are eligible for an offer […]
Covid-19 – Sanlam’s claims since March reiterates value of insurance
Between March and August this year, Sanlam Individual Life has paid out over R162 million in COVID-19 related claims. Sickness and income protection benefits amounted to over R17 million claims while death and funeral claims […]
Covid-19 – Sanlam’s claims since March reiterates value of insurance
Between March and August this year, Sanlam Individual Life has paid out over R162 million in COVID-19 related claims. Sickness and income protection benefits amounted to over R17 million claims while death and funeral claims […]
Introducing Money Smart News – Helping South Africans become #moneysmart
Financial literacy is not an obligation we can conveniently dump on the authorities – as the direct interface between clients and product providers we have a responsibility to contribute in this regard. The […]
Introducing Money Smart News – Helping South Africans become #moneysmart
Financial literacy is not an obligation we can conveniently dump on the authorities – as the direct interface between clients and product providers we have a responsibility to contribute in this regard. The […]
Tax complaints – Who to turn to
The role of the Tax Ombud (OTO) is to review taxpayers’ complaints against SARS and help resolve them through mediation or conciliation. OTO’s CEO, Prof Thabo Legwaila, recently reiterated the importance of fairness […]
Tax complaints – Who to turn to
The role of the Tax Ombud (OTO) is to review taxpayers’ complaints against SARS and help resolve them through mediation or conciliation. OTO’s CEO, Prof Thabo Legwaila, recently reiterated the importance of fairness […]
Local Fund managers struggle – Top-rated manager shares views on topical issues
According to Patrick Cairns of Citywire “it’s been a tough old time for local fund managers” as the latest Citywire fund manager ratings indicated that South African managers have done noticeably worse than […]
Local Fund managers struggle – Top-rated manager shares views on topical issues
According to Patrick Cairns of Citywire “it’s been a tough old time for local fund managers” as the latest Citywire fund manager ratings indicated that South African managers have done noticeably worse than […]
Women and Money – Pandemic results in “survival mode” for some
The important role women play in money matters should not be restricted to one month in a year. Two recent surveys underline just how significant this role is. A snapshot survey of how […]
