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The insurers’ exception to disclose its involvement in the litigation processes should be abolished as soon as possible.
The unfolding litigation between D Risk Insurance Consultants and the FAIS Ombud is of considerable importance to the insurance industry. It stems from the latest in a long list of “failed” South African property syndication schemes – and the struggle by investors to recoup their losses.
Some time ago I observed that a new form of socialism, which I labelled New Socialist, had evolved. What do I mean by this? The first step towards understanding this doctrine is to delve into the workings of the Old Socialism framework. Here goes...
Bob Diamond, chief executive of Barclays plc, resigned his position on 3 July 2012. It is alleged that Barclays, in collusion with other major banks and perhaps sanctioned by the Bank of England, manipulated the London Inter-bank Offered Rate (Libor) by making false submissions.
As an adviser reading this article, which discipline do you find most important for retirement planning?