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Complaints shed light on long term insurance trends

07 May 2012

The Ombudsman for Long Term Insurance 2011 Annual Report reveals that 4254 insurance complaints were finalised during the latest 12 months. Over that period the scheme recovered an impressive R104 million on behalf of policyholders and awarded an addition

Listed property an underpin for fixed income strategies

18 April 2012

Fund managers and other investment professionals can choose from four main asset classes when they structure a portfolio. These include bonds, cash, equities and property – where the property subset typically comprises the listed property investments on o

Treat financial services league tables with caution

27 March 2012

21st Century man is obsessed with measuring things. We rank our sports teams on the outcome of matches, political parties on the number of votes they receive during elections and fund managers on their portfolio returns over a given period of time. But th

Familiar insurance terms on life support

12 March 2012

South Africa’s long and short-term insurers face numerous challenges as the country’s financial services legislation evolves. The Insurance Laws Amendments Act of 2008 paved the way for the Financial Services Board (FSB) Binder Regulations – in effect fro

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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