Date set for Old Mutual appeal over CEO reinstatement
Dispute ‘threatens to upend corporate governance and general principles of company law’ if left unchallenged
Africa
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Fraud concerns for global life insurance C-suite executives
It not only ‘hurts a company’s bottom line but damages its reputation and consumer trust’
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Global wealth to rise 27% by 2024
As China recorded more top wealth holders than the US for the first time
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South African fraudster sentenced to 15 years in jail
For running a Ponzi scheme that conned investors out of ZAR23.2m
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South Africa watchdog cracks down on unregulated firms
Two businesses found to be operating without authority while another loses its licence
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India given first round of Swiss bank account data
After signing agreement at the end of August 2019
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South African regulator fines financial advice firm ZAR100m
After it blames ‘black swan’ event for one of its funds dropping 66% in less than a week
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PEOPLE MOVES: Aviva, Rowan Dartington, Eastspring
C-suite hires for insurer and SJP wealth management subsidiary
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Sacked Old Mutual CEO to submit more evidence against insurer
As case over South African firm’s alleged contempt of court drags on
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What does the future hold for South Africa’s financial sector?
Rand weakness, inflation and falling property prices mean less money to save and invest
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PEOPLE MOVES: Just Group, Schroders Personal Wealth, AJ Bell
Financial services firm hires CEO, while Lloyds joint venture bolsters team to set up adviser academy
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Old Mutual chair apologises for criticising judge
He hit back at Mashile’s decision to reinstate Peter Moyo as CEO of the South African insurer