
‘Outdated’ pricing structure is harming microlenders and consumers, says MFSA
The most recent revision to the maximum interest rates and fees that credit providers can charge was in November 2015.
The most recent revision to the maximum interest rates and fees that credit providers can charge was in November 2015.
Governor Lesetja Kganyago says the central bank will remain committed to reining in inflation if a new government spends more and the deficit increases.
The signing of the NHI Act does not mean the BHF is letting up in its fight for regulations on low-cost benefit options.
Like NHI, BIG has been on the government’s agenda for decades. An analysis shows the extent to which the ANC can look to other parties to support its implementation.
In an interview this week, President Ramaphosa was asked whether South Africans will pay higher taxes to fund NHI.
The member, along with two others, was criminally charged because of allegedly fraudulent conduct that cost the employer R4 million.
Old Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
The contract went through 10 iterations between July 2019 and March 2020, with the term ‘infectious and contagious diseases’ variously in or out.
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Deputy commissioner sets out the FSCA’s priorities for the supervision and regulation of the retirement industry.
A new approach may be required to how financial institutions are remunerated for services rendered in respect of unclaimed assets, the Authority says.
The Authority should have conducted its own investigation and not relied solely on information provided by the insurer, the Tribunal says.
National Treasury will work with the Department of Health on the funding scenarios outlined in the 2017 White Paper.
An application clause will provide for the Pension Funds Act to prevail over the Divorce Act where the Acts’ provisions conflict.
The Labour Court upholds AdviceWorx’s application to enforce its restraint agreements against advisers who joined Wealth Associates.
The Association for Savings and Investment SA and the Institute of Retirement Funds Africa also call for amendments not related to the two-pot system to be held over.
The BHF raises 10 issues, including the ‘misuse’ of curatorships, whether NHI is informing policy prematurely, and the absence of low-cost benefit options.
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