Norton Rose Fulbright announces three new hires in South Africa
January 15, 2016
Global legal practice, Norton Rose Fulbright, is delighted to announce that Shawn Barnett, Ayanda Mhlongo and Sinal Govender have joined the South African practice.
A new era of lease accounting
January 15, 2016
The new lease accounting standard (IFRS 16 – Leases) will require lessees to bring most leases onto companies’ balance sheets. It has been an area of hot debate for many years whether leases should be…
Revised FPI code of Ethics comes into effect in early 2016
December 7, 2015
FPI are pleased to announce their revised Code of Ethics and Practice Standards – a truly world class code for financial planners and financial advisors in South Africa.
A person seeking to obtain, renew or change insurance has an obligation to disclose all information material to the assessment of the risk that an insurer is being asked to take on. One may ask:…
In an effort to offer competitive income protection benefits, it is important that insurance providers ensure that their products meet their specific target markets’ particular needs and in order to do so successfully, innovation is…
Courts give teeth to obligation to act in good faith
October 7, 2015
An important case, which enforced an express contractual term to ‘act in good faith’, has not been given the recognition or attention it deserves.
How many unprofitable clients are you carrying?
September 27, 2015
Results from the “RDR Reality Check” online evaluations suggest 50% of firms have no idea how many unprofitable clients they are carrying.
Registrar prescribes fit and proper requirements for insurers
September 15, 2015
The specific fit and proper requirements that apply to relevant persons in the insurance sector have now been clarified and prescribed by the Registrar of Long-Term Insurance and Short-Term Insurance (Registrar) in Board Notice 158…
