In a media release by the Association for Savings and Investment South Africa (ASISA) on 10 February 2016, it announced details of a new “meaningful” basis to allow consumers and advisers to compare charges and […]
Legalbrief Today reported on Thursday on the National Treasury’s response to criticism that certain aspects of the proposed amendments to the Financial Intelligence Centre Act are impractical and too onerous. Quoting from a […]
The latest Enforcement Committee (EC) ruling is quite an interesting one. There is often a fine line between what constitutes a financial service and what not. Defensive Legal Protection CC, trading as Legal […]
The information contained in the update published in December is divided into seven “Themes”. This article provides a summary of some of the points discussed in Theme 2: Investments. At the end of the […]
After attending the recent FSB Insurance Regulatory Seminar, a friend remarked about the many attendees sporting various tints of grey in their hair or, as someone put it, “wisdom highlights”. Undoubtedly the highlight […]
The introduction of the FAIS Act and supporting regulations contributed to making the provision of financial advice a more daunting and costly service than ever before. Prior to 30 September 2004, we saw […]
In 2010, PwC began a scenario analysis around the trends reshaping insurance and what the industry would look like by 2020. The scenario planning was based on interviews with more than a thousand […]
The latest PWC study titled Insurance 2020 & beyond: Necessity is the mother of reinvention, provides important insights into how technology will empower and shape the financial services industry in future. The information […]
An important ruling by the Supreme Court of Appeal (SCA) brought clarity on the rights of medical schemes in terms of their rules versus what the Medical Schemes Act prescribes. Legalbrief Today reports: […]
I recently received the following enquiry from a reader: I was wondering if you have any thoughts on medical aid commission being regulated in a similar manner to the proposed RDR for long-term […]
Hierdie inligting word geplaas met die goedgunstige toestemming van Van der Spuy en Genote I am 59 years old and have been working for nearly 20 years at the same company. The office […]
This past week, tens of thousands of mainly young South African university students protested against proposed fee increases next year. Their actions under the #FeesMustFall banner signalled the beginning of a protest movement […]
Finance Minister Patrick Chinamasa is telling everyone who wants to listen that his visit to Peru last week was a success and that Zimbabwe will have its external debt arrears cleared by April […]
The Ibrahim Index of African Governance (IIAG), released on Monday, October 5, found that governance in Africa overall had made little or no progress since 2011. It is a wake-up call, but also […]
The First National Bank (FNB)/Bureau for Economic Research (BER) consumer confidence index (CCI) rebounded by 10 points from its lowest level in almost 15 years to a reading of -5 during Q3. While […]
President Edgar Lungu delivered the state of the nation address on Friday, September 18. The president stressed the need for economic diversification and to alleviate power capacity constraints via focused government infrastructural spending […]
The situation in Burkina Faso has turned into a coup d’état, as we thought was likely. On the morning of Thursday, September 17, a military official announced on television that the army, acting […]
