Santam’s executive head of commercial and personal intermediated business, Andrew Coutts, has issued a communication to intermediaries setting out the factors that have made premium increases unavoidable. Coutts said households and businesses have […]
The South African Reserve Bank (Sarb) this week moved to attach more than R1.4 billion in assets linked to former Steinhoff chief executive Markus Jooste, five years after it told Parliament it was […]
Amendments to the Employment Equity Act (EEA) will change the definition of a “designated employer” to restrict the application of sections of the Act to a reduced group of employers and relieve some […]
Office of the Tax Ombud says it has escalated the matter to the senior leadership of the revenue authority.
Lives covered by open schemes declined in 2021 despite the increase in the number of principal members.
Only one province seems have ‘got its act together’ when it comes to serving the population, Parliament told.
It’s time for the government to admit that collaboration with the private sector is the key to development and growth, says Jardine.
FIC makes recommendations on the adoption of a risk-based approach to mitigate the risk of proliferation financing.
There is an 85% probability that South Africa will be grey-listed by the Financial Action Task Force (FATF) in February next year, mainly because institutions in the criminal justice system were undermined during […]
Sanlam announced this week that it has submitted a letter to the board of AfroCentric Investment Corporation Limited (AfroCentric), expressing Sanlam’s intention to acquire AfroCentric shares that would result in Sanlam acquiring a […]
Gavin Smith CFP® has been a financial planner for 10 years. But a recent experience with a mail-order trampoline was something of a Eureka moment for him. My wife and I became parents […]
Recordings of the Authority’s recent workshops on financial soundness are available on YouTube.
Members who migrated to other medical schemes can only ask for waiting periods to be waived.
CEO Thabo Legwaila named as the acting ombud for three months.
The FSCA has published a conduct standard setting out the requirements relating to third-party cell captive insurance business. Conduct Standard 2 of 2022 (INS) came into operation on 1 October and applies immediately […]
The following is an extract from the FSCA’s statement explains the need for, the expected impact of, and the intended operation of the conduct standard on third-party cell captive insurance business. Enhancements to […]
3Sixty Life has registered its intention to appeal against the High Court’s decision to place the underwriter under final curatorship. The High Court also cancelled the appointment of Yashoda Ram as 3Sixty Life’s […]
