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.
On 19 June 2020 the Minister of Finance published Government Notice 684 in GG 43347 which contained a number of proposed amendments to the Schedules to Financial Intelligence Centre Act. Interestingly, short-term (non-life) insurers have […]
On 19 June 2020 the Minister of Finance published Government Notice 684 in GG 43347 which contained a number of proposed amendments to the Schedules to Financial Intelligence Centre Act. Interestingly, short-term (non-life) insurers have […]
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, […]
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: […]
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 […]
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 […]
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 […]
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, […]
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, […]
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 […]
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; ● […]
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 […]
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 […]
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, […]
“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. […]
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 […]
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 […]
