News

The Financial Sector Conduct Authority (FSCA) has published Conduct Standard 2 of 2025 (the 2025 Standard), setting out reformed conditions for pension fund benefit administrators under section 13B (1 ...
A judgment handed down by the Constitutional Court earlier today (8 August 2025) revisits the precedent set by the Supreme Court of Appeal in Guarnieri v Fundsatwork Umbrella Pension Fund (Guarnieri), ...
Current Poll Financial and risk advice practices have little choice but to upgrade their operating methodologies and systems to accommodate today’s tech-savvy consumers. What is your practice’s status ...
Life insurance is often misunderstood, seen as a middle-class product to replace income after death. But for the wealthy, life cover isn’t about death. It’s about design ...
Once enacted, the much-anticipated Conduct of Financial Institutions Bill (COFI) will introduce a significant shift in the legislative and regulatory landscape of South Africa’s financial services ...
In a move poised to shake up the South African mass-market life insurance landscape, the Hollard Group has made a significant strategic investment in SA-based insurtech, Simply Financial Services. The ...
Data from Standard Bank shows a substantial increase in the adoption of and value invested in Tax-Free Savings Accounts (TFSAs) over the past decade. Launched by the South African Treasury in March ...
The domestic non-life insurance industry is back on the front foot after an impressive 50% rise in aggregate net profits for the 2023 year. This impressive result emerged from a consolidated view of ...
South African car owners face an increasingly high risk of vehicle theft or hijacking, and many insurers now insist that certain vehicles have tracking devices installed before granting cover. But ...
South African life insurers and investment companies successfully prevented fraud and dishonesty worth R1.4 billion in 2024, but incurred losses of at least R131.6 million to criminals and dishonest ...
Cost of living, economic challenges and societal issues linked to crime and politics stand out as top risks in the personal lines insurance segment compared to challenging economy, poor infrastructure ...
Sanlam Risk and Savings paid out R6.62 billion in individual insurance claims in 2024 (up 9.24% from 2023), with a sharp increase in cancer claims, and cardiovascular claims showing an uptick compared ...