Explore the Category

The FSCA warns the public against an entity purporting to be the Constantia Insurance Group

18 March 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) would like to warn the public to be aware of a third-party entity purporting to be the Constantia Insurance Group. The entity has created a website, offering insurance products to members of the public in South Africa. It claims to offer a commercial insurance product, investments and healthcare solutions, which are similar to the product offerings of Constantia Insurance Company Limited, Constantia Life Insurance Company and Constantia Life and Health.

The Protection of Personal Information Act – new responsibilities for insurers

17 March 2021 | General

Insurance companies have until 30 June 2021 to ensure that their business operations comply with the Protection of Personal Information Act, 2013 (POPI Act), or they could face penalties by the Information Regulator.

Statutory management of security sector fund fails to improve employer compliance

16 March 2021 | PFA - Pension Fund Adjudicator

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority.

FSCA issues public warning against Ifa Labantwana Bethu Investments

15 March 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when dealing with Ifa Labantwana Bethu Investments (Ifa Labantwana) and Bongiwe Gana. The FSCA suspects Ifa Labantwana and Bongiwe Gana of conducting unauthorised financial services business and breaching various financial sector laws.

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

View the Results