Product Advertising – Misleading advertisement exposed
The Advertising Regulatory Board (ARB) recently told Old Mutual’s iWize to withdraw or amend its advert and to make it clear that only cars worth less than R1.2m are eligible for an offer […]
Medical scheme placed under statutory management as reserves plummet
The deterioration in Sizwe Hosmed’s reserves is attributed to ‘benefit under-pricing and historically unreliable budgetary and forecasting processes’.
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Covid-19 – Sanlam’s claims since March reiterates value of insurance
Between March and August this year, Sanlam Individual Life has paid out over R162 million in COVID-19 related claims. Sickness and income protection benefits amounted to over R17 million claims while death and funeral claims […]
Covid-19 – Sanlam’s claims since March reiterates value of insurance
Between March and August this year, Sanlam Individual Life has paid out over R162 million in COVID-19 related claims. Sickness and income protection benefits amounted to over R17 million claims while death and funeral claims […]
Introducing Money Smart News – Helping South Africans become #moneysmart
Financial literacy is not an obligation we can conveniently dump on the authorities – as the direct interface between clients and product providers we have a responsibility to contribute in this regard. The […]
Introducing Money Smart News – Helping South Africans become #moneysmart
Financial literacy is not an obligation we can conveniently dump on the authorities – as the direct interface between clients and product providers we have a responsibility to contribute in this regard. The […]
Tax complaints – Who to turn to
The role of the Tax Ombud (OTO) is to review taxpayers’ complaints against SARS and help resolve them through mediation or conciliation. OTO’s CEO, Prof Thabo Legwaila, recently reiterated the importance of fairness […]
Tax complaints – Who to turn to
The role of the Tax Ombud (OTO) is to review taxpayers’ complaints against SARS and help resolve them through mediation or conciliation. OTO’s CEO, Prof Thabo Legwaila, recently reiterated the importance of fairness […]
Local Fund managers struggle – Top-rated manager shares views on topical issues
According to Patrick Cairns of Citywire “it’s been a tough old time for local fund managers” as the latest Citywire fund manager ratings indicated that South African managers have done noticeably worse than […]
Local Fund managers struggle – Top-rated manager shares views on topical issues
According to Patrick Cairns of Citywire “it’s been a tough old time for local fund managers” as the latest Citywire fund manager ratings indicated that South African managers have done noticeably worse than […]
Women and Money – Pandemic results in “survival mode” for some
The important role women play in money matters should not be restricted to one month in a year. Two recent surveys underline just how significant this role is. A snapshot survey of how […]
Women and Money – Pandemic results in “survival mode” for some
The important role women play in money matters should not be restricted to one month in a year. Two recent surveys underline just how significant this role is. A snapshot survey of how […]
Change in risk cover – OSTI case study illustrates importance of regular reassessments
The importance of evaluating and reassessing a client’s risk, including changes in insurance risks under the COVID-19 lockdown period was one of the topics discussed at the OSTI’s virtual Consumer Webinar. “Elements and […]
Business interruption test case in UK – Latest developments
The significance of this case in relation to South Africa is that many of the local policy wordings has its roots in the UK. The finding of the High Court on the majority […]
The FCA Handbook Principles
While doing research on developments under the Business Interruption Insurance test trial in the UK, I came across the following prescribed principles for firms regulated by the British Financial Conduct Authority. Whilst many […]
Covid-19 Pandemic – How medical schemes assist members
The financial services industry across sectors have responded in various ways to reduce the economic impact of COVID-19. The unprecedented pressure on consumers brought on by the pandemic has also prompted a quick […]
Technology is reshaping financial services
The COVID-19 pandemic and lockdown have changed the way we interact with each other. Most of us have embraced digital solutions and carried on with our jobs, but in a different manner altogether. […]
