The Prudential Authority has withdrawn its liquidation bid after progress on depositor repayments, but Ithala is still unlicensed and cannot resume deposit-taking.
Yesterday, 2 October 2019, was World Financial Planning Day. This day was organised by FPSB (The Financial Planning Standards Board) to raise awareness of the value of financial planning, of having a financial […]
Yesterday, 2 October 2019, was World Financial Planning Day. This day was organised by FPSB (The Financial Planning Standards Board) to raise awareness of the value of financial planning, of having a financial […]
Discovery Life’s 2018 claims data has revealed that unnatural causes continue to be the predominant reason for death claims, among people under the age of 30. Last year, the leading causes of unnatural […]
According to Statistics South Africa, the economy shrank by -3.2% in the first quarter of 2019. This ongoing economic downturn has had an impact on many industries, forcing them to relook at the […]
Smart beta is probably the most overused expression in the world of investment today. The term suggests there are dumb betas since there are smart betas but this is not the case. There […]
Smart beta is probably the most overused expression in the world of investment today. The term suggests there are dumb betas since there are smart betas but this is not the case. There […]
The FSCA has extended the period of compliance for collection of premiums by intermediaries, specifically the requirement for a separate bank account to only contain premiums, from 28 September 2019 until 1 February 2020. Paull Lawrence from […]
Following the gazetting of the Government Employees Pension Law Amendment Bill on 23 May 2019, the Government Employees Pension Fund (GEPF) has amended and implemented the new rules and will no longer subject […]
In a recent media release, SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry informed bank customers about a scam known as ‘Business Email Compromise’ (BEC) where criminals […]
According to latest statistics, vehicle owners in Gauteng and KwaZulu Natal face the highest probability of being carjacked or having their vehicle stolen, while those in the Northern Cape, Free State and Limpopo […]
The Financial Intelligence Centre (FIC) recently had several queries from the media about whether it had acted lawfully in providing certain information to the Office of the Public Protector. “The FIC generally does […]
LegalBrief recently shared that comment is required by 27 September on a discussion document emerging from a routine mandatory assessment of National Credit Act regulations and identifying several possibly requiring amendment. According to LegalBrief […]
LegalBrief recently shared that comment is required by 27 September on a discussion document emerging from a routine mandatory assessment of National Credit Act regulations and identifying several possibly requiring amendment. According to LegalBrief […]
In more than two thirds of the Ombudsman for Short-term Insurance’s (OSTI) finalised complaints in 2018, consumers were dissatisfied with the insurer’s decision on a claim. In its Annual Report the Ombud reported […]
In more than two thirds of the Ombudsman for Short-term Insurance’s (OSTI) finalised complaints in 2018, consumers were dissatisfied with the insurer’s decision on a claim. In its Annual Report the Ombud reported […]
While Samsung and Koo are SA’s overall favourite brands, how did the financial services brands do in the TopBrands Survey? This survey, conducted by Kantar on behalf of Tiso Blackstar Group and the […]
While Samsung and Koo are SA’s overall favourite brands, how did the financial services brands do in the TopBrands Survey? This survey, conducted by Kantar on behalf of Tiso Blackstar Group and the […]
