Healthcare cover is a very personal choice
Rosemary Hunter says it was inconceivable for her not to blow the whistle when people’s hard-earned pensions were at stake
Primestars has launched ‘One Way to Graceland’, a movie designed to improve the financial literacy of pupils
Ismail Momoniat said the status of Viceroy as a company made it difficult for South Africa to hold its report responsible.
The West Rand’s plight could be a harbinger of problems for municipalities invested in VBS being placed under curatorship
Its share price has plummeted and investors are waiting for the results of an investigation
One woman’s fight to take on the pension board’s ‘unlawful’ cancellation of funds makes it to the top court
Major investors are waiting anxiously, as the company needs to produce financials by the end of January if its shares are to continue trading
Finance Minister announces investigation by Financial Services Board into alleged misconduct
The FSB appears to have upped its game as the extent of unpaid benefits emerges and public scrutiny and pressure intensify.
Readers write in about white men, the far right, and forex trading regulation.
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/ 28 January 2016
Industry participants say the closure of dormant funds was lawful, but Rosemary Hunter’s challenge to the Financial Services Board has raised alarm.
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/ 21 January 2016
Financial Services Board official Rosemary Hunter has claimed that the process to close dormant funds was flawed, affecting many of SA’s poorest.
Of the crimes tracked by the FSB, false reporting and price manipulation play third and second fiddle to profiting from privileged information.
The R150 000 fine imposed on former Fidentia boss J Arthur Brown will not deter white collar crime, the Financial Services Board has said.
As SA moves to overhaul its financial sector regulatory framework, a major part of the process will be moves to treat customers with due care.
Trustees have accused FSB chief Dube Tshidi and attorney Tony Mostert of ‘despicable’ behaviour.
Pinnacle Point Group hoped for a further injection of the clothing workers’ pension money, after R260-million of their funds had already been sunked.
Forensic investigators are concerned that the alleged key player in the missing pension funds may be planning to leave the country with his family.
The Financial Services Board is investigating the investment in 2007 of R420-million of pension funds belonging to Sactwu members.
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/ 17 December 2010
Fictitious policies are on the rise. Here’s what to look out for — and how to prevent fraud.
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/ 13 October 2010
ArcelorMittal says its R9-million BEE deal with Imperial Crown Traiding could be revisited.
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/ 16 September 2010
After a lengthy battle with the FSB, Dynamic Wealth Management and Dynamic Wealth Stockbrokers are ordered to cease operating.
Dynamic Wealth and the FSB enter into a war of words, but the real issue is whether curatorship would do more harm than good.
Money may not be missing, where there is smoke there is fire, argues the FSB.
I pay into a retirement annuity every month and this is my retirement nest egg, one of my most important assets. How do I know if my money is safe?
Since September last year, divorcees have been able to receive a portion of their ex-spouse’s pension fund without waiting until retirement. But confusion about the taxation of these funds and whether divorce orders prior to the change in legislation qualify has meant that the payment has often not been made.
When writing up your will you need to elect an executor, someone who will manage your affairs when you die to ensure the wishes in your will are carried out. This might involve the sale of your assets and management of your investments until the estate has been wound up. The executor has signing power over your cheque book and no one else has control during the winding up of the estate. Who do you trust enough to do this for you?
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/ 11 September 2007
The National Treasury has stepped in to ensure better protection for minors’ assets and avoid future Fidentia-type scandals. As early as the end of this year, it is proposed that death benefits be paid into a new vehicle called beneficiary funds, which will be regulated by the Pensions Fund Act.