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SA insurers must speak up now or forever bear the consequences, warns Deloitte

02 July 2013

The South African insurance sector has just four months to respond to proposed changes to the accounting for insurance contracts. The International Accounting Standard Board (IASB) has issued proposals for comment that will fundamentally change the basis

The new ASISA standard on unclaimed assets

28 June 2013

The new ASISA Standard on Unclaimed Assets came into effect on 01 June 2013 and sets out the tracing process that should be followed by life companies. It also stipulates what should happen to assets when beneficiaries cannot be traced.

How can businesses prepare for TCF?

26 June 2013

FAnews chatted to Sanlam’s San-Marie Greeff, CEO of Sanlam Collective Investments (SCI), about what Treating Customers Fairly (TCF) will mean for companies when the legislation is implemented early next year. At this stage, most businesses ought to be ass

TCF: a consultative process you need not fear

26 June 2013

We know with virtual certainty that Treating Customers Fairly (TCF) will change the way the industry looks next year. But should we fear the inevitable? When TCF was implanted in the UK, significant changes led some commentators to conclude that it was bo

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results