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.
The 24th edition of the Raging Bull Awards took place last week in Cape Town at the International Convention Centre. The annual ceremony celebrates the top performers across a range of sectors and […]
The Council for Medical Schemes (CMS) has just published its quarterly report for the period ended 30 September 2019. Tasked with monitoring the financial performance and soundness of medical schemes, the CMS publishes comparative figures […]
South African households’ real net wealth declined by a staggering R237 billion in the third quarter of 2019, according to the Momentum/UNISA Household Net Wealth Index. In a CNBC Africa interview, Johann van Tonder, […]
Influencer marketing refers to the promotion of goods and services by individuals who have influence or power to affect the buying decisions of potential customers. A recent American study has recently found that […]
“2020 looks set to be an epic fight for survival as numerous socio-economic factors come into play that will further challenge businesses and their ability to achieve greater levels of customer satisfaction in […]
In a recent blog post, Van der Spuy & Partners, a local law firm, advises readers to make sure that they have their will carefully reviewed by an attorney when they are divorced […]
The Financial Intermediaries Association (FIA) also responded to the announcement of the Council for Medical Schemes (CMS) prohibiting South African medical aids from offering Low-Cost Benefit Options (LCBO) to low-income market segments. The […]
“Consequential loss” has always been a grey area in the short-term insurance industry. The South African Insurance Association (SAIA) defines “consequential loss” as “a loss not directly caused by the insured event, but […]
“Consequential loss” has always been a grey area in the short-term insurance industry. The South African Insurance Association (SAIA) defines “consequential loss” as “a loss not directly caused by the insured event, but […]
Does the PFA have the power to substitute a board of trustee’s decision? Can the PFA change the decision with regards to the allocation of death benefits? When are adult children regarded as […]
Does the PFA have the power to substitute a board of trustee’s decision? Can the PFA change the decision with regards to the allocation of death benefits? When are adult children regarded as […]
Towards the end of last year, the Council for Medical Schemes (CMS) published two circulars announcing its plans for Low Cost Benefit Options (LCBO) and the Demarcation Exemption Framework, going forward. Basically, the […]
With the end of the tax year around the corner, everyone should be getting their tax documentation in order. In a recent Moneyweb article, Gareth Collier of Crue Invest (Pty) Ltd shares a […]
South African’s living and working abroad are preparing themselves for the new amendments to the Income Tax Act, which have been dubbed the expat tax, to come into effect from 1 March 2020. The National […]
Section 65 of the Medical Schemes Act provides that: ● No Person may act or offer to act as a broker unless the Council has granted accreditation to such a person on payment […]
SA has a small but fast-growing fintech industry, presenting considerable benefits and risks. As a result, regulators need an understanding of the fintech landscape in South Africa in order to manage risks in […]
Crime has a huge impact on insurance, from short-term to health insurance. At a recent SAPS event, police minister Bheki Cele addressed the media on the festive season statistics for the period October 15 […]
