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‘Fellow employee’ clause not applied to off-duty employee

20 November 2015 | General

A US court found the insurer liable to a storage company employee, who was hit by a van a fellow employee was driving, because a vague exclusion did not exclude the assets of a driver who was off duty.

Draft Credit Life Insurance regulations published

19 November 2015 | General

The draft Credit Life regulations have been published.

Will Collective Investment Scheme co-named portfolios be safe under the retail distribution review?

18 November 2015 | General

The retail distribution review (RDR) has been undertaken against the background of an approach to regulating market conduct in the financial sector. The RDR is linked to the Financial Sector Regulation Bill (or otherwise known as the Twin Peaks Model to Financial Regulation) tabled before parliament on 27 October 2015.

Employment law update touches on burning issues of the day, such as major increase in retrenchment cases as tough economic conditions bite

17 November 2015 | General

Poor economic conditions continue to wreak havoc, with smaller businesses in SA not being spared the fallout in global markets. The challenging macro-economic backdrop has led to a major increase in retrenchments and the need for the courts to answer a number of key legal questions.

quick poll

Question

What do you believe will be the biggest challenge when the COFI framework is finally implemented?

Answer

The cost and complexity of relicensing Demonstrating customer outcomes through data and reporting Embedding a customer-first culture across the business Aligning existing compliance frameworks with COFI requirements

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