‘BHI was run as illegal scheme from inception’
‘BHI was run as illegal scheme from inception’

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Moonstone Monitor | 9 May 2024
IN THIS WEEK'S ISSUE
Top stories
Pensioner claims cryptocurrency trader could have stopped fraud
BHI Trust ‘was run as illegal scheme from inception’
Tribunal: clear separation of first-party and third-party risks within cell structures
In the news
Last-minute CPD rush? Moonstone Business School of Excellence has the solution
FSCA issues directive to funeral service: thousands of clients affected
Legal experts advise companies to bolster internal anti-corruption measures
Sygnia advert’s claims about RA fees based on ‘virtually meaningless’ model
Ninety One’s Value Fund positions for ‘good outcome’ to the election
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ADVERTORIAL
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TOP STORIES
Pensioner claims cryptocurrency trader could have stopped fraud
The High Court hears details of an elaborate fraud in which scammers cleaned out a bank account and bought cryptocurrency from a part-time trader.
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BHI Trust ‘was run as illegal scheme from inception’
As creditors await repayment totalling nearly R2bn, preliminary investigations by the joint trustees point to potential asset recoveries totalling just over R414 million.
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Tribunal: clear separation of first-party and third-party risks within cell structures
The decision clarifies the boundaries and regulations concerning reinsurance business conducted through cell captive structures.
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IN THE NEWS
Last-minute CPD rush? Moonstone Business School of Excellence has the solution
MBSE’s CPD courses provide flexible e-learning opportunities that can be conveniently accessed and completed on various devices.
Itn read button
FSCA issues directive to funeral service: thousands of clients affected
The Authority instructs Hernell Funerals to cease operating as an unauthorised FSP and insurer.
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Legal experts advise companies to bolster internal anti-corruption measures
A recent amendment means members of private or public companies who fail to prevent their ‘associates’ from participating in corruption will face liability.
In the news 3 read button
Sygnia advert’s claims about RA fees based on ‘virtually meaningless’ model
The Advertising Regulatory Board questions the relevance of a hypothetical model published by National Treasury 11 years ago.
In the news 4 read button
Ninety One’s Value Fund positions for ‘good outcome’ to the election
The market is pricing for an ANC alliance with the EFF or MK, but Ninety One believes the chances of this happening are low.
In the news 5 read button
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Career opportunities
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CAREERS PLATFORM - INDUSTRY POSITIONS
 
Head of Commercial: MUA Insurance Acceptances (Pty) Ltd, Johannesburg. Shape the future of non-life insurance with us at MUA Insurance Acceptances in Johannesburg. Take charge as Head of Commercial, driving sales growth, innovation, and operational excellence in this dynamic industry.
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Outbound Sales Rep Call Centre – Discovery Group Consultancy | U Covered: U-Covered Insurance Solutions, Auckland Park, Johannesburg. This position requires at least 2 year sales experience, as well as a RE5 qualification as per the FAIS Act. COB and CPD certificates will be beneficial.
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Experienced Short Term Commercial Underwriter: Garden Route Insurance Brokers, Knysna, Western Cape. We’re actively seeking motivated and results-driven individuals to join our team as a Broker/Underwriter. If you have a passion for sales and thrive in a fast-paced environment, we want you on our team!
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Broker/Representative: GBW Financial Planners, Cape Town.
‘Broker – to be tied or not to be tied’? That is the question. .
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Gap Cover Claims Assessor: Cura Administrators, Pretoria. We are looking for a competent, dependable, and energetic Gap Cover claims administrator to manage Gap Cover claims. Related medical scheme experience is essential.
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Representatives and Brokers: Manage All, Pretoria and countrywide. Manage All invites brokers and representatives to join our brokerage and market our range of medical scheme products. Applicants must have a reputable track record in the financial services industry and must be compliant with Fit and Proper regulations.
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Client Services Administrator Medical Schemes: Manage All, Pretoria. We are looking for a competent, dependable and energetic client services administrator to manage medical scheme queries. Requirements include: RE5, Class of Business training in Health Benefits. Related Medical Scheme experience essential.
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CAREERS PLATFORM - MOONSTONE POSITIONS
 
For career opportunities currently available at Moonstone please click the button below.
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