BrightRock squashes rumours about ‘hidden reason’ for Sanlam buy-out
BrightRock paid out over a billion rand in claims in 2022, which was more than the total claims paid in its first seven years in the market.
Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.
Read moreBrightRock paid out over a billion rand in claims in 2022, which was more than the total claims paid in its first seven years in the market.
Survey compares Bestmed, Bonitas, Discovery, Medihelp and the Government Employees Medical Scheme.
Applicant argues that non-compliance is not a contravention when the law does not provide for a penalty.
Instead of making provision for retirement, they are servicing debt.
Taxpayers should formulate comprehensive grounds of objection and appeal from the beginning of the dispute resolution process.
Survey finds most wish they had treated money as a growth asset when they were younger.
Cash-strapped South Africans spending more on essential items such as food at the expense of insurance products, says DebtBusters.
Also, the group’s fiduciary business will be sold to Capital Legacy Solutions, in which Sanlam will have a have a 26% stake.
Among other things, trustees are obliged to keep adequate records in relation to beneficial ownership.
FSCA implements notice exempting funds from certain qualifying criteria in Board Notice 75.
The contraventions were a result of a misinterpretation of the legal position.
National Credit Regulator wanted three vehicle finance houses to refund consumers OTR fees and interest charged since 2007.
The chairperson of Stellenbosch University’s council was also a director on Moonstone’s board.
An independent intermediary must be authorised by the insurer to engage in ‘direct collection of premium’ activities.
Attorney also sought an order holding Standard Bank liable if the court found that he had to pay the respondents.
The workshop will focus on identifying, monitoring, mitigating and managing risks.