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Insurance Bill Update June 2017

The National Treasury presented its response to public comments received on the Insurance Bill, 2016, to Parliament’s Standing Committee on Finance in May. A copy of the Bill, as well as the presentation was published on Wednesday. Key Issues Addressed In Proposed Revisions Transformation ...
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FSB fines Smart Life R150 000 for Long-term Insurance Act Contravention

The Registrar of Long-term Insurance (the Registrar) referred a case against The Smart Life Insurance Company Limited (Smart Life) to the Enforcement Committee of the Financial Services Board. During the period 15 April 2013 until 24 June 2016 Smart Life contravened Rule 16. 1 of the Policy ...
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Partnering to increase the number of accredited financial planners and advisors

Johannesburg: The Financial Planning Institute of Southern Africa (FPI), a South African Qualifications Authority (SAQA) recognised professional body and a SARS approved Recognised Controlling Body, is proud to announce a new partnership agreement with Old Mutual and PPS Insurance aimed at training ...
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Technology alone will not determine success of banking and insurance providers in the digital future

Digital technology is reshaping the banking and insurance sectors at an unprecedented rate. Basic transactions in traditional banking continue to migrate from physical to digital channels and banks downsize their branch networks. In the insurance space, customers have gained control on how technology ...
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Insights into the odiousness of Obsessive-Compulsive Disorder

      Elise Burns-Hoffman Disability, Incapacity and Claims Consultant / Personal Business Coach       The ill-understood condition of an obsessive-compulsive disorder is often the butt of jokes, raising merciless laughter from a society ...
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From The Glossary »

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Market-impact Costs:

The implicit costs arising from participating in the market. For example, by selling large volumes of shares at once, the manager may influence the market price downwards, leading to the value of the share price being eroded.
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