FANews
FANews
The Stage
Sharemax… a breaking case in favour of the adviser

Collapsed property syndication company Sharemax has made many headlines, with the Ombud often ordering advisers to pay back investors their money. In a breaking case, the High Court in Durban has ruled in favour of a financial adviser who placed an investment in Sharemax (The Villa).

Read More
Straight Talk
Momentum speaks out

After initially deciding that it would not be paying the life insurance claim by the family of Nathan Ganas, Momentum announced on 21 November that it had changed its mind and would be paying out the claim. On 21 November, FAnews published a newsletter on Momentums decision to pay out the Ganas case. This generated a lot of interest among our readers and we received a lot of interesting comments.

Read more
Featured story
Getting along with PPR

One of the key pieces of legislation that the Financial Sector Conduct Authority (FSCA) announced during 2018 was the impending implementation of a new set of the Policyholder Protection Rules (PPR). The new PPR will have a significant impact on group risk policies. The changes that the revised PPR will bring was discussed at the 2018 Alexander Forbes Hot Topics Seminar where Vickie Lange, Head of Institutional Best Practice at Alexander Forbes Investments, spelled out what insurers can look forward to.

Read more
latest videos
View all the clipsVisit our youtube channel
View all industry events at the leading industry calendar. TheCalendar
Quick Polls

QUESTION

Do you agree with the Durban High Court ruling that Sharemax would not have failed if the Reserve Bank had not intervened?

ANSWER

Yes
No
Maybe
AE fanews magazine
FAnews November 2018Get the latest issue of FAnews

This month's headlines

Could face-to-face become obsolete?
Where do I send my CPD records?
Can you spot the fraud? Yes, now you can...
Taking an elephant to court - It's not easy
Marijuana ruling… should we be worried?
Medical schemes' average increases for 2019
Subscribe now