The FSCA finds wildly inconsistent withdrawal charges under the two-pot retirement system, with some members paying up to R750 per transaction.
Selling a client book based solely on past revenue snapshots can leave both buyer and seller exposed. Advisers should factor in growth potential, profit margins, and transferability strategies to arrive at a fairer price.
The Pension Funds Adjudicator rules the fund acted within the law when it refused a member’s request to dip into his FlexiPension plan.
The FSCA’s investigation also found that Petrus Rasmus Erasmus provided trading signals without a licence.
Senior legal adviser Lize de la Harpe unpacks the critical definitions, scope-limits, governance, and reporting obligations of the FSCA’s Conduct Standard.
Online fraudsters are abusing the names of Brenthurst Wealth’s Magnus Heystek and Brian Butchart, as well as Nicolette Mashile of Financial Fitness Bunny, to solicit money from the public.
The Fund is intended to amplify, not replace, existing enterprise and supplier development mechanisms under the B-BBEE framework.
Impostors use calls, WhatsApp and video links – complete with fake warrants – to coerce compliance under the guise of a criminal probe.
Tax specialist Louis Botha answers pressing questions about the suspended VAT increase and its broader implications for budget-making power and taxpayer rights.
From a peak 13% overvaluation versus major peers heading into January, the US dollar has plunged 7% on a trade-weighted basis in three months – a pace more than twice as fast as during Trump’s first term.
SARS tells vendors there is now no legal basis for them to charge consumers VAT of 15.5% from 1 May.
Ithala depositors remain locked out of their funds while disputes over frozen accounts, strategic alliances, and government guarantees deepen.
Absa was fined R7m for inadequate customer due diligence and R3m for delays and closures of transaction monitoring alerts.
The exemption waives the requirement for known-in-advance rates, letting money market portfolios invest in Zaronia-linked overnight placements.
The ANC and the DA present South Africans with different versions of what led to the decision to halt the increase.
The final employment equity targets have sparked concerns over transparency and methodology in the absence of clear, evidence-based rationale from the Department of Employment and Labour.
With the 2025 Employment Equity Regulations now in effect, designated employers must align with stricter sectoral targets or face stiff penalties – unless they can justify non-compliance.
Financial institutions that proactively embed governance, technology, and culture to meet evolving regulatory standards will not only avoid penalties but also strengthen credibility, build resilience, and drive long term value.
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