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Retirement fund must make up for a member’s lost investment growth
The member’s benefit was transferred from the money market investment into the fund’s business account.
Authority releases report on fines, debarments, investigations, and licence suspensions and withdrawals in 2023/24.
Read moreThe member’s benefit was transferred from the money market investment into the fund’s business account.
The Tribunal reiterates that FSPs should not issue a debarment purely on the outcome of a disciplinary hearing.
Mbalane Financial Services tells the Tribunal it was entitled to wait for a final forensic report from Old Mutual.
The theme of this year’s convention reflects how the recent past will inform the future, accelerating the use automation, open AI, and digital evolution in financial planning.
Judge says the FST did not follow a fair procedure when it summarily dismissed the reconsideration application.
Two sections of the Financial Intelligence Centre Amendment Act have come into effect.
The National Assembly’s Standing Committee on Finance has announced the deadline for submissions on various pieces of draft tax legislation.
SCA also finds that the High Court should not have granted punitive cost orders against the fund.
Banks and insurers are expected to treat climate risk as a financial risk rather than merely a reputational risk event.
The High Court was asked to rule on whether the clients’ financial loss was caused by breach of agreement or the Reserve Bank’s intervention.
Did the FSCA’s regulatory reach extended to UK pension funds and structures, held offshore, and permitted and regulated by UK and European Union law?
Interpretation Ruling 1 of 2020 incorrectly brought an unclaimed benefit within the ambit of section 37C of the Pension Funds Act.
Online fraudsters are employing increasingly sophisticated techniques to scam the public out of their personal details and money.
Members must be protected from further financial distress and the risk of losing their health insurance, the regular says.
The amendments encompass debt denominated in a foreign currency and the primary residence exclusion.
One amendment will affect inter-fund transfers by members who have reached normal retirement age but who have opted not to retire.