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Home / Author: Mark Bechard / Page 9

Author: Mark Bechard

Videos

Video interview: New mutual insurer enters the market

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Key regulatory and compliance developments: looking back at 2024 and what’s ahead in 2025

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Issues around Budget 3.0 with tax specialist Louis Botha

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FST ruling has ‘far-reaching implications’ for trustees, principal officers, says FSCA

The decision sets out how PSSPF board members racked up fees for meetings and ignored the fund’s procurement policy.

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Brokers, clients looking for contract certainty with grid-collapse exclusions

SAIA is concerned about consumers’ perceptions of the insurance industry as covers are removed but premiums increase.

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Debarment for being paid a referral fee by a competitor not justified, says FST

The employer did not point to a single provision in the FAIS Act, or any other legislation, that prohibits this.

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Administrator contests Adjudicator’s determination in dispute over loss of members’ benefits

Moriting Wealth Managers was not given an opportunity to state its case before the final determination was issued.

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Vital ‘ingredient’ missing in Old Mutual’s notice of intention to debar

The applicant was ‘left to guess’ the factual allegations on which the intended debarment was based, tribunal says.

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Settlement agreement with representative sinks FNB debarment

That the parties entered the agreement after the notice of intention to debar had been sent was highly relevant.

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Rep debarred for sharing client information while on garden leave

She alleged the evidence of her conduct was obtained through an ‘unlawful search’ of her personal email account.

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Treasury publishes draft legislation on renewable energy tax incentives

Grey areas remain when it comes to the rebate for residential solar panels.

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How the expanded section 12B allowance may benefit businesses

A taxpayer who generates renewable energy for the purpose of trade should qualify for the allowance.

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Brokerage debars KI for unauthorised transmission of confidential information

Applicant tells the tribunal she transferred the information to her private Gmail account to support her complaint to the CCMA.

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R600m dividend: Eskom’s insurance captive asks for fine to be reconsidered

The board’s rushed decision, based on unaudited interim figures, put the shareholder’s interests above those of the policyholders, tribunal says.

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Discovery must pay R25m to ex-stockbroker who suffered mental breakdown

The life insurer acted unreasonably when it did not consider reports on the man’s incapacity after his policy expired, judge says.

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Tribunal sets aside debarment of consultant who changed record of advice

The far-reaching implications of debarment were not justified in the circumstances, the FST finds.

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Trustees are in contravention of beneficial ownership regulations, says FISA

Trustees cannot be expected to have all the information within a few hours of the gazetting of the final regulations, it says.

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A deeper look at the solar panel tax incentive for individuals

There are a number of grey areas that the draft legislation will (hopefully) clarify.

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Agreement between Absa, clients not lawful in terms of the NCA, judge finds

At issue: was the acknowledgement of debt/power of attorney a supplementary agreement?

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Prosecutions and jail time ‘is the test SA must pass to get off the grey list’

Intellidex cautions against putting false confidence in exact numbers of the economic impact of grey-listing.

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