Old Mutual gets green light from Prudential Authority for new bank
The group is shifting from ‘bank-build mode’ to a testing phase with select banking partners.
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ASISA says its members are working flat out to be ready for ‘two pots’
DA MP takes Old Mutual to task for comments suggesting the 1 September implementation date ‘may slip’.
Old Mutual prepares to shake up banking sector with new bank
South Africa’s second-largest insurer is set to launch a bank that will focus on capturing the mass market segment.
New initiative aims to ease home insurance challenges amid climate risks
A pioneering approach that integrates climate data with claims data is set to transform insurance risk management in South Africa.
Social media firestorm: what went wrong and how Old Mutual is responding
Old Mutual provides context to the Molefi complaint, and how the group is planning to address the alleged non-payment.
Positive Budget bodes well for domestic bonds and equities
Old Mutual weighs in on how the Budget is likely to affect the country’s credit rating, economic growth, and the capital markets.
Adrian Burke takes the helm as acting chief executive of Asisa
Amid a leadership transition at the Association for Savings and Investment South Africa, veteran insurance industry figure Adrian Burke steps in as acting CEO.
Shifting risk landscape to impact cost of reinsurance even further
Industry leaders caution against the ‘new normal’ in reinsurance costs, emphasising the need for a comprehensive strategy to navigate escalating challenges.
Old Mutual resolves disputes with staff fired over Covid vaccination policy
What, if anything, was decided about the legality of mandatory vaccinations in the workplace?
Industry and organised labour respond to new proposed two-pot date
All stakeholders emphasise the need to finalise the amendments to the Income Tax Act and the Pension Funds Act.
Two pots: MPs envisage staggered implementation
The finance committee’s decision seems, in part, to be based on the assumption that some fund administrators will be ready to ‘go live’ on 1 March next year.
