Debt-collecting law firms hit by NCA ruling
Towards the end of 2019, a ruling by the Western Cape High Court made headlines in various media. The ruling found in favour of the Stellenbosch University Law Clinic, Summit Financial Partners and […]
Funeral insurance Bill moves to Parliament, but questions persist
The proposed reforms could require significant operational changes for insurers, but industry experts believe they address only part of the problem.
FIC calls for comments – Two new draft PCCs published
1. Draft PCC 102 on Compliance Communication – access for certain supervisory bodies to suspicious and unusual transaction reports The Financial Intelligence Centre (FIC) is calling for comments from supervisory bodies, accountable and […]
Material misrepresentation leads to rejected claim
In a recent Short-term insurance case study, the Ombudsman for Short Term Insurance (OSTI) emphasised that short-term insurance contracts are entered into in good faith. “Under common law, a policyholder when requesting cover […]
Material misrepresentation leads to rejected claim
In a recent Short-term insurance case study, the Ombudsman for Short Term Insurance (OSTI) emphasised that short-term insurance contracts are entered into in good faith. “Under common law, a policyholder when requesting cover […]
Facing the facts around retrenchment
In a recent media release, Carrie Furman, assistant tax manager at Allan Gray quotes author Bill Knaus’s steps in taking action in dealing with change, specifically with the possibility of retrenchment that might […]
Facing the facts around retrenchment
In a recent media release, Carrie Furman, assistant tax manager at Allan Gray quotes author Bill Knaus’s steps in taking action in dealing with change, specifically with the possibility of retrenchment that might […]
ASISA publishes claims statistics – Spike in fake death claims, decrease in non-disclosures
According to the 2018 consolidated statistics of fraudulent and dishonest claims, published by the Association for Savings and Investment South Africa (ASISA), fraudulent and dishonest insurance claims decreased, but still remain a serious […]
ASISA publishes claims statistics – Spike in fake death claims, decrease in non-disclosures
According to the 2018 consolidated statistics of fraudulent and dishonest claims, published by the Association for Savings and Investment South Africa (ASISA), fraudulent and dishonest insurance claims decreased, but still remain a serious […]
Important FSCA discussion documents published in December
True to form, the FSCA published a number of very important documents for public comment towards the end of 2019. We publish a summary of these documents below which we will discuss in […]
It’s the holiday season – Prevention is better than cure
People travelling during the festive season need to take all the necessary precautions to guarantee that their homes and vehicles are adequately insured. In a recent blog post Santam shares several holiday safety […]
CPD – Are you mapping your progress?
As you wrap up the year before the New Year rings in, it is a good time to check your CPD hour status as well. With less than 170 days remaining, how are your […]
Silly shopping season now open – Stay safe out there
We are in the midst of the holiday season, a time when frenetic festive season shopping clouds many minds. Fraudsters and thieves are only too aware of this. In a media interview, Charnel […]
Silly shopping season now open – Stay safe out there
We are in the midst of the holiday season, a time when frenetic festive season shopping clouds many minds. Fraudsters and thieves are only too aware of this. In a media interview, Charnel […]
Low-cost and health insurance products “debarred” – Will the poor suffer most?
The Council for Medical Schemes (CMS) has published a circular in which it prohibits South African medical aids from offering Low-Cost Benefit Options (LCBO) to low-income market segments. Furthermore, no products based on […]
Robo-advice – Compliance still key
The ability to deliver a consistent level of service across all channels is an increasingly important competitive differentiator for financial services providers. This was one of the outcomes of a recent international study […]
Fundamentals of Estate Planning – Learn the basics and earn CPD hours
Estate planning is a very important aspect of holistic financial planning. It gives clients comfort knowing that they have properly planned and made provision to protect their loved ones in the event of […]
Avoid being scammed this festive season – Five tips not to fall prey to scammers
With the festive season in full swing, South Africans, armed with bonuses, stokvel payouts, savings and the spirit of giving, are set to spend big over the next few weeks. Phiko Peter, Client […]
