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Policyholder Protection Rules established by the FSB, prevents unsolicited SMS communication

19 February 2018 | General

The Financial Services Board (FSB) has as of 1st January 2018 passed new regulations, Policyholder Protection Rules (PPRs). It states that consumers must be able to opt out of insurance marketing SMSs at no cost.

Cautious investors take wait and see approach in interest bearing portfolios while equities reward resilience

15 February 2018 | Association for Savings & Investment SA (ASISA)

The local Collective Investment Schemes (CIS) industry attracted healthy net inflows of R134.5 billion in 2017, ending the year with assets under management of R2.25 trillion.

FSB Warnings

13 February 2018 | Financial Sector Conduct Authority (FSCA) (was FSB)

FSB warns the public against Instant Group SA

The curatorship of Bosele National Provident Fund

12 February 2018 | Financial Sector Conduct Authority (FSCA) (was FSB)

On 8 February 2018, the Mahikeng High Court granted an application brought by the Registrar of Pension Funds in terms of section 5(1) of the Financial Institutions (Protection of Funds) Act, 2001 for the appointment of curators to the Bosele National Provident Fund. The court appointed Mr Malcolm Campbell and Mr Ntshengedzeni Anthony Michael Tshivhase as the joint curators of the Bosele National Provident Fund.

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