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Financial watchdog poised to tackle complaints against credit providers

21 January 2025 | The National Financial Ombud Scheme (NFO)

With consumers showing growing confidence about their financial future, access to credit is still considered essential for achieving financial goals.

Life companies and asset managers report strong growth in Black shareholding over the past six years

05 December 2024 | Association for Savings & Investment SA (ASISA)

Black South African shareholders owned 27% of life offices that are members of the Association for Savings and Investment South Africa (ASISA) in 2023, exceeding the 25% net value target of the Broad-Based Black Economic Empowerment (B-BBEE) ownership scorecard for the first time.

Financial watchdog recovers R161m – and urges festive season caution

02 December 2024 | The National Financial Ombud Scheme (NFO)

In less than nine months since its launch on 1 March 2024, the National Financial Ombud Scheme South Africa (NFO) has put back more than R161 million into the hands of aggrieved consumers of financial products.

FSCA and PA invites participation in framework review for distribution of funeral insurance in South Africa

29 November 2024 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) (hereafter referred to as the Authorities) have initiated a review of the regulatory framework for the distribution of funeral insurance in South Africa. This review is in response to concerns identified by the Authorities as well as those raised by representatives of the funeral parlour industry, particularly regarding the appropriateness of the current regulatory framework considering the unique socio-economic and market dynamics of the sector.

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COFI is coming, bringing a wave of change for financial planners. Which one of the following disruptors will have the biggest impact on your business?

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Adviser categorisation Omni CBR Remuneration models We are ready for all of it

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