Warning over RE certificates bearing FSCA’s and Moonstone’s branding
The regulator says EduMe is not an approved examination body, although education providers may offer services that help candidates prepare for the examinations.
COFI: What must an advice file prove beyond compliance?
The FSCA’s Lezanne Botha explains why signed forms and completed disclosures are not enough, and what evidence can show that advice was suitable and customers were treated fairly.
FSCA investigates Sanus after receiving client complaints
The regulator is examining possible contraventions involving the provider, which operates the EZInvest and Financix trading platforms.
Debarment set aside after call record contradicts key allegations
The Tribunal questioned Clientèle’s ‘free’ voucher advertising and sales script, while the insurer says its Royalty benefit is provided at no additional cost.
Your future self is counting on you
World Financial Planning Day is a timely reminder to reflect on your retirement plan, with MBSE’s Julette Wentzel asking whether your future self will thank you for today’s decisions.
Financial control improves, but households still have little room for error
The latest Sanlam index shows that greater control over monthly commitments does not necessarily mean people are better prepared for an unexpected financial shock.
FIC provides practical guide to RMCP submissions under Directive 12
The FIC has laid out the practical steps for accountable institutions facing their first RMCP submission deadlines under Directive 12.
Bonitas raises contributions by 8.7% as new service model takes shape
Four months after a troubled administrator switch, Bonitas is betting on new products, tighter managed care, and a stronger digital offering to rebuild member value and trust.
Discovery Health’s 2027 plans: 8.2% average increase and a new option
Two out of three beneficiaries will face increases below 8%, while Discovery is adding a new lower-cost plan and expanding its personalised health platform.
Medihelp sets 7.5% weighted average increase for 2027
Most members will face increases of 7% or less, while the scheme is adding benefits in mental health, maternity, preventive care, and emergency treatment.
Sanctions-screening software is no shield against non-compliance
The FIC’s new manual explains when institutions should screen clients, how they must assess possible matches, and what follows when sanctioned property is identified.
Most parents have an education plan, but few are prepared for the full cost
FNB’s survey suggests that underestimated expenses and reliance on current income leave many plans vulnerable as children progress through the education system.
A drafted will is not necessarily a valid will
Discovery found execution errors in 18% of returned wills, while adviser-linked clients completed the journey from drafting to secure storage 22% faster.
Private markets: SA has the opportunity, but not yet the architecture
Expanding access to private assets could broaden investment and funding options, but South Africa must grapple with valuation, liquidity, data, and regulatory challenges.
Before you judge someone else’s will, check your own
As World Financial Planning Day highlights the value of turning financial goals into action, MBSE’s Tyrone Ford asks whether your own estate plan would leave your family knowing what you wanted – and what to do next.
Housing purpose alone does not secure a pension-backed loan
The Adjudicator upheld a fund’s reliance on affordability requirements but cautioned it about poor service delivery and delayed communication.
The advice gap may open before anyone calls an adviser
People under financial strain tend to go looking for more credit before they look for advice. Debt-review data, search behaviour, and two-pot withdrawals suggest where that pathway runs, and where the industry could meet people sooner.
Bestmed sets 2027 contributions to increase by 7.35%
The scheme is adding a R1 000 healthcare benefit, expanding preventative care, and making targeted changes to medicine, casualty, and clinical cover.
