POPI Act – No more excuses
The legislation that aims to promote the protection of personal information processed by public and private bodies and seeks to balance the right to privacy against other rights, such as access to information, […]
Life insurers top R5 trillion as growth masks rising risk pressures
Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.
POPIA – How to start your compliance project
Considering the just announced POPIA “go live” date, Ilze Luttig Hattingh of Novation Consulting, advises on seven things you can do to kickstart your POPIA compliance project – even during a worldwide pandemic: […]
OUTsurance outmanoeuvres opposition – pays out Business Interruption claims
An article in Moneyweb titled OUTsurance pays out Covid-19 business interruption claims notes that the direct insurer, contrary to its counterparts on the intermediated side, will be paying such claims from clients that […]
Crowd1 – FSCA issues warning
In a recent media release the Financial Sector Conduct Authority (FSCA) warns the public against Crowd1, an entity which is not authorised to render the financial services it is providing. “Crowd1 is neither […]
Crowd1 – FSCA issues warning
In a recent media release the Financial Sector Conduct Authority (FSCA) warns the public against Crowd1, an entity which is not authorised to render the financial services it is providing. “Crowd1 is neither […]
Your email signature – So much more than just your name and title
In a recent AdvisorPerspective article, Crystal Lee Butler reminds us that all of the activities we do to promote our business and gain new clients is considered marketing, so even cold prospecting emails, […]
Your email signature – So much more than just your name and title
In a recent AdvisorPerspective article, Crystal Lee Butler reminds us that all of the activities we do to promote our business and gain new clients is considered marketing, so even cold prospecting emails, […]
Business Interruption Insurance – FSCA cracks the whip
FSCA Communication 34 of 2020 contains details of the Regulator’s views on the contentious issue of business interruption (BI) insurance in the wake of Covid-19. In virtually all cases, insurers denied liability. In […]
Proposed levies on Financial Institutions – FSCA requests comments
The FSCA has called for input by 31 July 2020 on proposed levies for the 2020/21 financial year to be imposed on several affected institutions. This includes: ● pension funds, their administrators and adjudicators; ● […]
Conduct Standard for board members of pension funds – Revised draft published
The Financial Sector Conduct Authority (FSCA) has published a revised draft Conduct Standard for determining the minimum skills and training requirements for board members of pension funds. The revised draft minimum skills and […]
COVID-19 impact on financial services industry – Not all doom and gloom
Earlier this month we reported on the impact of financial remedies as a result of the new Corona virus on various insurers. As a result of more insurers giving trading updates recently, FIN24 […]
Joint Communication 7 of 2020 – Amended COVID-19 precautionary measures for intermediaries
The Joint Directive issued by the Authorities on 9 April 2020 under Alert Level 5 was withdrawn and replaced with Joint Communication 7, which sets out how financial institutions must comply with the Occupational Health and Safety Directives, […]
Financial impact of lockdown – SA Consumers battle to save for retirement
“Apart from spending less on both entertainment and eating out, 24% have cut back on retirement savings, up three percentage points compared to the prior week,” the newly released research by TransUnion shows. […]
Taking charge of finances – FSCA provides consumer education video tools
As the nation deals with the COVID-19 pandemic and its impact, it is an important time for South Africans to take charge of their finances. The FSCA has compiled a series of videos […]
Higher Certificate in Wealth Management – Five reasons why you should apply now
The Higher Certificate in Wealth Management (HCWM) provides an ideal entry point into the financial services industry in various roles, or to kick-start your career in financial planning. The good news is that […]
Passwords and Cybersecurity – Increase in cyber fraud calls for tighter safeguards
Cybersecurity awareness is particularly critical at this time, as cyber criminals have taken advantage of the global situation. One of the starting points to improve cyber security is password security, as your password […]
South African Customer Satisfaction Index – Who got the most “likes” in the life industry?
The latest South African Customer Satisfaction Index (SA-csi) for life insurance has just been released. According to Consulta that conducted the research “insurers are heading into an environment where consumers will be under […]
