Duty to Disclose Material Terms
On Tuesday we discussed what happens when material changes occur in a client’s health between the time of applying for life cover and acceptance of the risk by the insurer. My colleague Julian […]
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Read moreOn Tuesday we discussed what happens when material changes occur in a client’s health between the time of applying for life cover and acceptance of the risk by the insurer. My colleague Julian […]
When the junior Springboks take on the pride of England, it will not be child’s play. There is some serious bulk on display in both sides. The big test will not be height […]
The latest newsletter from the Long-term Ombud contains two cases where claims were repudiated as a result of a health condition manifesting between the date of application and acceptance of the risk. Non-disclosure […]
A recent article in Moneyweb states that the validity of more than 85% of trusts on which legal audits have been conducted, can be questioned. Prof Willie van der Westhuizen, head of trust […]
While all SA rugby fans are justifiably ecstatic about the senior team’s performance against Wales, the junior Boks made me immensely proud on Sunday. Winning against a determined Baby Blacks side was wonderful, […]
The Namibia Statistics Agency (NSA) released its latest monthly Trade Statistics Bulletin on June 12. The NSA recorded a trade deficit of N$2.179bn for the month of April, reflecting a decrease of 46.8% […]
The updated Juta Pocket Statutes edition of the FAIS Act is now available. LexisNexis also updated their Legislation Handbook and Preparation Guide for the RE 1 and RE5 exams. Queries about the latter […]
There can be little doubt that there is a steady increase in the efficiency of this champion for the fair treatment of consumers. The figures listed below come directly from the Ombud’s report: […]
The Short-term Ombudsman’s 2013 annual report contains an interesting perspective on regulation of the various Ombud schemes. The Financial Sector Regulation Bill originally proposed a so-called single Ombudsman’s structure. This envisaged that all […]
Daar was lanklaas soveel bespreking en bespiegeling na Frans Steyn se onttrekking aan die Springbokspan. Die ouer garde brom dat hy dislojaal is teenoor die land, terwyl die jonger garde voel dis ‘n […]
The eagerly awaited discussion document on the review of retail distribution, expected this month, has a long history. The triangular association – whereby the intermediary provides advice to the policyholder but is incentivised […]
A panel, headed by retired Chief Justice Sandile Ngcobo, started a market inquiry in January this year to investigate concerns about private healthcare. A Business Day Live report states that the reason for […]
South Africa, for once, outplayed the All Blacks by clicking into top gear in their opening match of the season, unlike the Kiwis who sputtered like an engine requiring a major service. The […]
The Central Bank of Swaziland’s (CBS) Monetary Policy Consultative Committee (MPCC) held its latest bi-monthly meeting on May 23. Policymakers indicated that the short-term outlook for inflation includes notable upside pressures after the […]
By Denis Lloyd and Jerome Veldsman of Walkers Inc. (http://www.walkers.co.za/) Due to the vagaries of life, especially old age, many a person (let’s call her “Amy“) has difficulty managing her own financial affairs. […]
Treating customers fairly may be the new buzzword, but it has been applied in the industry for quite some time now. A perfect example of this comes from a formal ruling made by […]