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Associated Compliance Protection of Personal Information Act Series: Part 6

The sixth article in our series on this piece of legislation. If you have not yet read any of these articles we would encourage you to do so as this will provide the information necessary to prepare you for POPIA implementation. Openness Transparency is a well known concept within the financial services ...
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Automatic exchange of information and insurance companies – a question of compliance

Marissa Wessels, Candidate Attorney; Supervised by Deon Francis (Partner) Hogan Lovells Automatic Exchange of Information (AEOI) regimes, primarily aimed at curbing tax avoidance through the use of foreign accounts and investment platforms, have recently become a global trend, starting with the ...
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Unclaimed Pension Benefits - Openings for fraud

Administrators fear that FSB attempts to get fund payouts into the hands of former mineworkers can backfire.     Allan Greenblo, Editorial Director Today’s Trustee       Undoubtedly with the best will in the world, the Financial Services Board ...
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Don’t be fooled by the bounce back in commodity-linked investments

Stick with Multinationals that own the world’s most sort after brands   By Marriott, the Income Specialists   In the face of tremendous geopolitical uncertainty, markets in 2016 were characterised by a rebound in previously out-of-favour currencies, sectors and stocks, while ...
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When is a beneficiary a minor for pension benefits?

By Gennel Chettiar, Norton Rose Fulbright South Africa Inc. If a right is vested in a child before 1 July 2007, the age of majority of the child is 21 years (not 18 years), including for prescription purposes. On 22 February 2017 the Pension Funds Adjudicator (PFA) made a determination in the matter ...
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Retention:

The portion of a risk retained by an insurer after ceding the remainder to a reinsurer.
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