The ruling underscores that disputes over unapproved disability claims underwritten by insurers through employer-held policies must be addressed with employers and insurers.
The Tribunal’s ruling highlights that following the correct process is as important as addressing misconduct in the financial services sector.
The case illustrates how discrepancies in disclosure can undermine an individual’s suitability for a key role, resulting in the rejection of a licence application.
The Tribunal’s decision underscores that financial advisers’ duties are limited to the specific terms of their engagement.
The Ombud failed to investigate key facts around the broker’s alleged negligence in communicating an essential policy requirement.
The huge penalties imposed by the FSCA and the Prudential Authority raise questions about the clarity and consistency of the factors influencing these fines.
The planner acted in the client’s best interest, highlighting the importance of clear communication and thorough record-keeping in financial advice.
The rep claimed he never meant to harm the FSP, but the FST found his actions violated the FAIS Act and demonstrated a lack of integrity.
The FST orders the FSCA to reconsider key decisions regarding the Municipal Employees Pension Fund, saying the regulator overstepped its authority.
The adviser said she shared the client information to prove her remuneration when applying for a job with a competitor.
The Authority has agreed to reconsider the penalties it imposed on ‘Coenie’ Botha, the founder of Coin Based Innovation Global.
SASTUA says the former key individual issued policies under false pretences and submitted duplicate claims for the same items.
Commercial insurance agent who was debarred for diverting premiums to her bank account asks to be allowed to make a fresh start.
The representative’s conduct of completing contracts as new instead of replacements was not motivated by dishonesty, the FST says.
The house, which belonged to the broker’s brother, was set alight after the sheriff served an eviction letter on the occupant.
FST upholds the JSE’s decision to fine Tongaat Hulett’s former CFO R6m and bar him from holding office as a director of a listed company for 10 years.
The former Old Mutual adviser claimed the complainants were not his clients but his relatives who had agreed to lend him the money.
