Moonstone Business School of Excellence launches training for FAIS representatives

MBSE’s RE 5 training is a comprehensive course designed to enhance your understanding of key regulatory frameworks and real-world applications.

FIC helped to recover 51% more in proceeds from crime

But blocked 66% less as suspected proceeds of crime in 2021/22.

FAQ document for Constantia Insurance policyholders looking for answers

Unfortunately, the answers, including those where vehicles are at repair shops, will probably not bring them much cheer.

Reports: Christo Wiese rescues Constantia Insurance’s medical indemnity entity

Doctors insured by EthiQal will be covered from 1 October.

One ‘bright spot’ in report on South Africans’ retirement planning

Overall, the retirement outlook for most people has deteriorated over the past five years, says 10X Investments.

What is keeping South Africans up at night?

Retirement Reality Report reveals important perceptions for advisers to address.

Constantia Insurance goes into final liquidation

The High Court in Johannesburg has placed Constantia Insurance Company Limited (CICL) in final liquidation after granting the urgent application brought by the Prudential Authority (PA) and the short-term insurer’s curator at the […]

Hard-pressed consumers forgo life and disability cover

Consumers not only bought fewer risk policies in the first six months of this year but also lapsed a higher number of policies, which is in stark contrast to the same period last […]

Long-term insurance ombudsman receives fewer complaints

The Office of the Ombudsman for Long-Term Insurance (Olti) received 11.8% fewer chargeable complaints in the first half of this year compared with the same period last year, when the number of complaints […]

Brace for another 75-basis point repo rate hike this week

Most economists who participated in a poll by Reuters expect that the South African Reserve Bank (Sarb) will raise the repo rate by 75 basis points this week. Of the 20 economists polled […]

Competition Tribunal orders banks to do business with Sekunjalo – for now

The Competition Tribunal has granted interim relief to the Sekunjalo Group, preventing three banks from closing the group’s accounts and ordering five others to reopen accounts that have already been closed. The interim […]

Administrators, funds will need 18 months to prepare for two-pot system, says Asisa

The Association for Savings and Investment South Africa (Asisa) says retirement funds and administrators would like at least 18 months from the date on which the final legislation is gazetted in which to […]

Two-pot retirement legislation must provide for immediate relief, says Cosatu

Cosatu has called for fund members to be allowed to access their accumulated savings when the two-pot retirement system takes effect, to prevent them from resigning and cashing out their savings. This was […]

Treasury, Sasria working on reintroducing R1bn in additional cover

National Treasury and the South African Special Risk Insurance Association (Sasria) are working on ways for the state-owned insurer to reintroduce the R1 billion in additional cover for large corporates, Finance Minister Enoch […]

Ruling on ‘unconstitutional’ certificates won’t stop NHI, says health minister

The High Court’s decision that requiring healthcare practitioners to obtain a certificate of need (CoN) is unconstitutional will not stop the Department of Health from implementing National Health Insurance (NHI), says Minister of […]

Momentum Metropolitan’s 2022 earnings surpass those in pre-pandemic 2019

Momentum Metropolitan Holdings (MMH) delivered normalised headline earnings of R4.383 billion in the year to 30 June, significantly higher than the R1.007bn in the previous financial year, following the less severe impact of […]