A new set of credit life insurance regulations that will protect consumers from abusive practices by credit providers came into effect this week. The regulations have been hailed as a positive step to prevent consumers from being exploited when they take out credit facilities.
When a consumer ... Read More »
On 14 June 2017 the Financial Services Board (FSB) issued a press release regarding qualification and examination fraud that was discovered by the Financial Planning Institute of Southern Africa (FPI) which required the FSB to take regulatory action against a number of representatives that obtained ... Read More »
Normalised headline earnings for the six months to 30 June 2017 are lower than the prior period but show an improvement compared to the second half of 2016. Growth in sales and net customer cash inflows, are underpinned by a strong capital position. Prioritised initiatives are also underway to drive ... Read More »
Indwe BlueStar is a financial advisory practice and it is the newest addition to the Indwe Risk Services group. Through a strong partnership with Sanlam, Indwe BlueStar promises to provide clients with professional service and innovative products. With decades of experience acquired by various business ... Read More »
A term used to describe policies where the insured and the insurer share in the losses under an insurance contract. Certain risk financing arrangements are entirely the responsibility of the insured, for example, own captive insurance company to the extent that reinsurance has not been placed. The term refers generally to self insurance plans placed with an insurance company.