
Licences of Medbond Insurance and Medbond Markets withdrawn
The Authority’s investigation found that Medbond Insurance advised its clients to invest in non-existent financial products.

The Authority’s investigation found that Medbond Insurance advised its clients to invest in non-existent financial products.

Jaco van Heerden, once a director at Medbond, is the managing director of Oceanfront Financial Solutions, whose FSP licence has been provisionally withdrawn.