The FIA strives to keep abreast with the constant evolution of the consumer, business and legislative landscape. In line with ensuring that our members are up to date with current affairs, here are the top stories from the industry this week.
- Mirror Mirror on the wall, is regulatory reform beneficial after all?
In light of the recent event hosted by the Free Market Foundation (FMF), FAnews discusses the wave of regulatory reform that has been introduced in the financial services industry and if we heading for an over regulated industry.
- Assessing the impact of SA’s VAT increase
The increase of VAT from 14% to 15% has set to impact the country and its economy in many ways, Marcus Turner Jones discusses.
- ABSA comments on latest Consumer Price Index
Craig Pheiffer, Chief Investment Strategist at Absa Stockbrokers & Portfolio Management discusses the change in consumer price index
- Lower overturn rate does not necessarily mean insurer excellence
The Ombudsman for Short-Term Insurance (OSTI) has released its Annual Report on Operations for 2017. Key highlights for the year are that 9 962 complaints were resolved in an average turn-around time of 131 days with an amount of R87 101 354 recovered for consumers.