Financial Services Tribunal ('FST' or 'the Tribunal')
Parties: K Moodley v Transport Sector Retirement Fund, Setlobox Pty Ltd and the Pension Fund Adjudicator (Case number: PFA24/2026)
Date: 23 June 2026
Key words
Personal liability of a non-director for unpaid provident fund contributions – Late-payment interest.
Summary
Moodley, the applicant ...
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The Financial Services Tribunal has, in P Semosa & 40 Others v Agrinet (Pty) Ltd t/a Vetsak & Others (PFA28/2026), dismissed an application by Phillip Semosa and 40 other applicants seeking reconsideration of a Pension Funds Adjudicator (PFA) determination relating to alleged entitlement to surplus fund payments ...
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CityWire reports that the Financial Services Tribunal has upheld the debarment of a former Old Mutual Insure representative after finding that he processed policy maintenance transactions as new business by cancelling existing policies and recapturing them as new policies. A forensic investigation identified a pattern across 13 policy files, with ...
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By Lee Rossini
In a highly competitive environment where services and products offered to clients are often very similar, what differentiates successful financial services businesses is their ability to build and sustain a client-centric culture. A client-centric culture places the client at the heart of every decision, process, and interaction, ensuring that the business consistently delivers value, trust, and exceptional service.
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