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The Stage
Opening the industry can of worms

When the Financial Sector Conduct Authority (FSCA) announced that it was embarking on a major regulatory reform programme, the industry implored with the regulator to consider their position very carefully and be certain that the regulation that it will implement will not cause any unintended consequences within the industry.

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Straight Talk
Patience is needed in the great cost debate

A few weeks ago, we published a newsletter which focused on a panel discussion that was held at the Financial Sector Conduct Authority (FSCA) Retirement Funds Conference. The newsletter focused on the costs associated with saving towards retirement.

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Featured story
Moody’s admitted structural problems in SA

Moody’s downgraded the outlook on South Africa’s credit rating from stable to negative to flag fiscal and economic risks. FAnews spoke to Sanisha Packirisamy, Economist at Momentum Investments and Reza Hendrickse, Portfolio Manager at PPS Investments, about the downgrade and what the likelihood of South Africa facing junk status is.

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latest quiz
Employee benefits – an untapped opportunity to grow your business portfolio
Employee benefits – an untapped opportunity to grow your business portfolio

One of the greatest advantages of business growth is expanding your business through employee benefits.

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Quick Polls

QUESTION

In terms of vicarious liability, damages should not be borne by companies in all conditions, but only in those circumstances which it is reasonable for them to do so. Do you agree?

ANSWER

Yes, damages should only be borne by companies in those circumstances which it is reasonable for them to do so.
No. If there is a sufficiently close link between the employee’s acts and the purposes and business of the employer, the employer should be held liable for delicts committed by their employees.
As long as the employee is acting within the course and scope of his or her duty… the employer will be held liable.
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FAnews October 2019 Get the latest issue of FAnews

This month's headlines

Non-disclosure - a question of fairness
Level of insurance regulation notably tightened
The cost of treating cancer
Employee Benefits… an untapped opportunity
Bound to NHI… whether you like it or not
A stormier world for marine insurers
Examining the application of reinstatement clauses
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