South Africa
South African advice industry stalwart Smorenburg dies
Derek was one of its biggest supporters but was never shy about pointing out areas of improvement
Why are South African advice firms so eager for M&A deals?
One industry commentator expects at least a couple of ‘significant’ deals
South African firm sells life business to Sanlam for ZAR100m
Deal is in line with ‘the company’s strategy and stated intention to dispose of its insurance cluster’
S African firm to pay £61.9m to cover ‘errors’ at UK arm
It was sold nearly a decade ago but enhanced transfer value liability remains
How South African HNW tax unit will impact financial advice
A wealth tax was widely rumoured, but will a taskforce targeting the rich achieve the same goal?