Why the High Court rejected PSG Wealth’s defences against liability for client’s loss
PSG contended its liability for loss could not include instances where the client’s computer was hacked because of his negligence.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read morePSG contended its liability for loss could not include instances where the client’s computer was hacked because of his negligence.
Hacker gets away with R800 000 after duping PSG Wealth employees twice within 10 days.