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Sharemax… a breaking case in favour of the adviser

12 December 2018

Collapsed property syndication company Sharemax has made many headlines, with the Ombud often ordering advisers to pay back investors their money. In a breaking case, the High Court in Durban has ruled in favour of a financial adviser who placed an investment in Sharemax (The Villa).

Caution…Default Regulations ahead

04 December 2018

Next year will be a big year for the South African retirement industry as retirement funds have until 1 March 2019 to comply with the default regulations which have been introduced in the industry. But is the industry prepared for the level of compliance that will be required of them from industry regulators? This was a topic that was recently discussed at a roundtable hosted by Sanlam EB.

Challenges are sharpening the industry

03 December 2018

After many years of challenges, 2018 proved to be a year of quite a few adjustments for many insurers.

Setting aside incorrect settlements

31 October 2018

It is important that clients understand their policy wordings and are also made aware of all exclusions in a policy in order to understand what they are covered for and what will stand on grounds for a rejection of a claim. It is a case of constant education with clients. We summed up some case studies from the Ombudsman for Short-Term Insurance’s (OSTI) briefcase, which we thought would be interesting for our readers.

quick poll

Question

Would you willingly give up your medical scheme membership under a fully implemented NHI?

Answer