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FAIS Ombud releases its Annual Report for the financial year 2018/2019

06 December 2019 | FAIS Ombudsman

On Friday 6 December 2019, the Office of the FAIS Ombud (“OFO”) will launch its Annual Report for the year 2018/2019 at the Southern Sun Hotel in Arcadia Pretoria.

Learnings from the Default Regulations

03 December 2019 | General

When the Default Regulations were introduced into the retirement funds industry in 2017, it was hoped that they would add significant value to retirement funds and clients alike.

Joint Ombudsman for the Office of the Ombudsman for Long-Term Insurance and the Office of the Ombudsman for Short-Term Insurance

26 November 2019 | General

The insurance industry will have a single Ombudsman from 1 January 2020. He is retired Judge, Mr Justice Ron McLaren, who brings with him a wealth of judicial experience and knowledge in dealing with and resolving insurance disputes.

FSCA statement on Mtshali family and Old Mutual matter

22 November 2019 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) is aware of a recent unfortunate event involving Old Mutual Assurance Company SA (Pty) Ltd and the Mtshali family in Kwa-Zulu Natal.

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

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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

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