A Business Day analysis highlights that the Financial Services Tribunal’s ruling in the African Bank versus Prudential Authority matter goes far beyond a routine compliance dispute. While the case may appear technical on the surface, it raises fundamental questions about how capital is recognised, how group structures operate, and ...
Read More
SARS has taken a decisive step in tightening enforcement against non-compliant trusts, introducing automated administrative penalties for outstanding tax returns. According to Moneyweb, final demands have already been issued to trusts that failed to submit their 2024 and 2025 returns, with monthly penalties now formally enabled under a public notice ...
Read More
The introduction of the two-pot retirement system was intended to strike a balance between long-term preservation and short-term financial relief. Early behaviour suggests that the balance may already be under pressure.
A report by BusinessTech indicates that many South Africans are accessing their savings pot not for genuine financial distress ...
Read More
By Lee Rossini
One of the trends facing the financial services industry is an underappreciated challenge: a shrinking and aging adviser workforce. This is not a temporary disruption but a structural issue that is reshaping how businesses operate, serve clients, and plan for the future. Talent shortages are becoming more acute precisely when demand for financial guidance is rising, driven by longer life expectancies, more complex investment environments, and increased individual responsibility for retirement planning.
Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May deadline. View the CPD FAQs for more on accessing the CPD quizzes.
