Failing infrastructure can compound the damage, making losses harder for insurers to manage. “Traditionally, it was one event ...

For advisers, that means being able to explain why a recommendation is suitable, challenge the technology’s assumptions, and ...

The Supreme Court of Appeal (SCA) has barred the Road Accident Fund (RAF) from implementing directives that sought to exclude past medical expenses from compensation claims because a medical scheme ...

Alpine Macro’s summary of the state of the US bond market last week said it all: “The ongoing Treasury bear market morphed ...

But with artificial intelligence changing the way businesses work, the question has become harder: what qualification will ...

FAIS Newsletter 22 from the FSB, published in December 2016, contains a very important section to assist the industry in understanding the “Credit” requirements. The following paragraph is printed in ...

The administration process of the insolvent estate of Classic Financial Services has yielded ‘numerous assets’, providing a glimmer of hope for creditors.

The FSCA’s Lezanne Botha explains why signed forms and completed disclosures are not enough, and what evidence can show that advice was suitable and customers were treated fairly.

Legal teams from Parliament, National Treasury, and the South African Reserve Bank have unanimously advised on how the ...

A signed record of advice can show that an adviser completed the required steps. It cannot, on its own, establish why a recommendation was suitable, whether the client understood the trade-offs, or ...

An individual claiming to be a senior lawyer at the Financial Sector Conduct Authority allegedly used Commissioner Unathi Kamlana’s name in a purported attempt to convince members of the public that ...