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A pension fund which claimed monthly pension payments were rejected due to a bank technical error has been ordered by the Pension Funds Adjudicator (PFA) to pay a penalty of R5000 to the member for delays in resolving the matter.
One of the common exclusions found in insurance contracts relates to claims arising from criminal and illegal activities such as resisting lawful arrest and driving under the influence of alcohol.
The 2026/27 Workplace Skills Plan (WSP) and Annual Training Report (ATR) submission window is open, with a firm deadline of 30 April 2026 for most South African SETAs.
Are financial advisers ready for the combined impact of COFI and AI?