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Expect ‘investment opportunities’ punted via social media and messaging apps to be scams
ASISA provides a list of tell-tale signs that someone is trying to defraud you.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreASISA provides a list of tell-tale signs that someone is trying to defraud you.
The tax fraternity is concerned about the apparent ease with which scamsters can bypass SARS’s security protocols.
DHMS provides an update on the impact of the WELLTH Fund and membership movements following the consolidation of the Comprehensive series.
The Authority warns the public to exercise caution with MyWealth Legatus, just three months after imposing R73 million in penalties on two of its affiliate companies.
MultiChoice plans to use the up to R2.7 billion cash proceeds from the transaction for working capital purposes.
During National Youth Month, Marius Kemp from Santam emphasises the importance of insurance for young people, who often lack emergency savings.
The change is aimed at making the financial information of insurers more easily comparable across countries and industries.
Mahesh Cooper, Allan Gray’s chief operating officer, is appointed as deputy chairman.
The impact on capital markets should be minimal considering that most funds hold considerably more than 1% in cash, says Dawie de Villiers.
The Actuarial Society of South Africa urges retirement fund members to check their benefit statement to see whether they will qualify for a withdrawal.
The group’s 2023 claim statistics also note the steady increase in pay-outs arising from pregnancy complications.
Alexforbes is focusing on individual consulting as its main growth area, with in-fund asset flows of R3.5 billion for the year.
The Authority emphasises that the investigation is not complete, and it has made no findings to date.
The SA Reserve Bank is concerned about the liquidity of the country’s financial markets and institutional investors’ exposure to government bonds.
An aggrieved purchaser must exhaust the dispute resolution mechanisms outlined in the Consumer Protection Act before approaching the courts.
The sanctions follow an inspection of the Bank of China’s Johannesburg branch three years ago.