By Compli-Serve
South Africa's financial services landscape continues to evolve rapidly, blending cutting-edge innovation with steadfast regulatory oversight. As the nation solidifies its position as Africa's economic powerhouse, recent announcements from the Financial Sector Conduct Authority (FSCA), South African Reserve Bank (SARB) and industry leaders highlight strides in ...
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The KwaZulu-Natal Government has moved to reassure Ithala depositors that long-awaited repayments will finally be made, according to EWN. The province confirmed that affected clients will regain access to their funds before the end of the month, signalling the first real progress after months of uncertainty at the institution. The ...
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FNB has rejected any responsibility for a customer allegedly losing over R10 000 while depositing cash at one of its ATMs. Mechanic Richard Zwane suspects that the money was stolen by a syndicate, including employees working at the bank’s Eyethu Mall branch in Dube, Soweto. TimesLIVE reports that a police ...
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By Lee Rossini
Understanding the basics of behavioural finance is essential when giving clients financial advice. While traditional finance assumes clients make decisions rationally, behavioural finance recognises that people are influenced by emotions, mental shortcuts and unconscious biases. These influences can lead clients to make decisions that conflict with their long-term financial interests. Understanding these behavioural tendencies is crucial – not only to support clients to make better choices, but also to improve engagement, trust and outcomes.
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