The formation of the GNU sparked a rally in local financial markets. But as storm clouds gather on global equity markets, the long-term outlook remains uncertain.
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“There is something that has been bugging me since 2004”, writes Andró Griessel on the Netwerk24 website, “and that is the so-called early termination charges on contractual savings plans.” (My translation) Griessel states […]
Whilst a lot has been said about POPIA, its older but lesser known cousin, the Promotion of Access to Information Act (PAIA) has quietly entered the stage, left, almost as a postscript to […]
Survey Results One of the key findings from our recent online Financial Services Technology Survey is that free customer engagement software is prevalent within the industry. Zoom (used by 80% of respondents) and […]
Survey Results One of the key findings from our recent online Financial Services Technology Survey is that free customer engagement software is prevalent within the industry. Zoom (used by 80% of respondents) and […]
A number of changes to the General Code of Conduct for Authorised Financial Services Providers and Representatives become effective on 26 June 2021. The not so good news We reported on these changes […]
A very interesting article on the Werksmans website provides some insight into what may just be the first of many unforeseen outcomes of this new legislation. A Legalbrief Today article points out […]
As can be expected, the establishment of the office of the Information Regulator is experiencing some start-up problems. With 1 July 2021 set as the date when the final sections of the Protection […]
Legalbrief Today reports as follows: When Johannesburg resident Susan Church decided to cancel her insurance policy from Discovery Life Ltd, she had no inkling of the events that were to befall her six […]
Legalbrief Today reports as follows: When Johannesburg resident Susan Church decided to cancel her insurance policy from Discovery Life Ltd, she had no inkling of the events that were to befall her six […]
In the wake of calls from unions for legislation to be changed to allow workers to access their pension fund contributions in times of financial distress, other voices call for stronger measures to […]
In the wake of calls from unions for legislation to be changed to allow workers to access their pension fund contributions in times of financial distress, other voices call for stronger measures to […]
Adjustments for adverse market conditions last year led to a highly unsatisfactory outcome for a client whose funds were invested in a smoothed bonus portfolio. The complainant’s Section 14 application form was sent […]
Whilst bigger organisations have the resources to develop the tools and solutions to ensure compliance with the POPI Act, many smaller and medium sized businesses need to fend for themselves in this regard. […]
In the world that I grew up in, there was a constant tussle between Russia and the USA to be recognised (feared?) as the biggest, or strongest, or whatever. Later, new kids on […]
An applicant who was debarred after being found guilty of fraud and dishonesty appealed to the Financial Sector Conduct Authority for a reconsideration of the decision. The applicant “attacked the process of debarment” […]
An FSCA Press Release on 15 June 2021 addresses the occurrence of inaccurate reports, particularly on social media platforms, which indicate that getting the Covid-19 vaccine will render life insurance policies “null-and-void” because […]
