Explore the Category

Government considers public concerns on gap cover ban

06 November 2013

The South African medical industry is currently finding itself in a precarious position whereby quality medical cover comes at a high cost, a cost which the public increasingly has to fund privately. In order to mitigate this, many consumers have taken out gap cover which bridges the gap between what medical schemes are prepared to cover for certain procedures and what doctors and specialists are charging for these procedures.

Don’t have misguided trust

22 October 2013

The South African financial services industry is presently facing many challenges, which it needs to find solutions to. And fraud looks like it is one of the most pertinent of these challenges. The apparent ease of which certain brokers are able to scam money out of their clients is a bad reflection on the industry and is an affront to credible brokers who make up the majority of the industry and will now be looked at with a certain measure of scepticism.

A bright horizon for umbrella funds?

08 October 2013

While South Africa has a very sophisticated retirement industry, there are many challenges it needs to overcome in order for it to be comparable with international counterparts. While Government has acknowledged this and has expressed their concerns in four discussion papers outlining the need for retirement reform, there may be a significant movement within the industry towards reform without the need for government directives.

Defending the broker after an attack by the City Press

23 September 2013

The South African financial services market is currently going through many changes. The majority of these pieces of regulation hope to change the way in which the public views brokers and interact with them in order to secure financial awareness.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results