Relevant Rulings

Financial Services Tribunal ('FST' or 'the Tribunal')

Parties: Setere v King Price Insurance Company Limited (Case no: FSP66/2025)

Date: 12 May 2026

Key words: Debarment ‒ Retentions consultant deliberately failing to process policy cancellations to protect commission ‒ Whether conduct constitutes dishonesty ‒ Procedural fairness of debarment process.

Summary

Setere was ...

The Financial Services Tribunal has dismissed an application by a retired Deloitte employee seeking more than R824 000 in alleged investment losses arising from delays in transferring his retirement savings to Allan Gray preservation funds, in a ruling that reinforces the importance of fund rules, disclosure and realistic expectations around ...

Supreme Court of Appeal (SCA)

Parties: Financial Sector Conduct Authority and Others v Municipal Employees' Pension Fund and Others

Judgment: 8 May 2026

Keywords: Financial regulation – Review of regulatory body's decision to investigate – Principle that decision to investigate without determining culpability does not adversely affect rights with ...