A call for common sense – insurance commission regulation
Recently, Dr Brian Benfield called for the abolition of regulatory price fixing with regard to the distribution of insurance products.
Recently, Dr Brian Benfield called for the abolition of regulatory price fixing with regard to the distribution of insurance products.
South Africa has now formally begun implementing the new ‘Twin Peaks’ reforms for the regulation of the financial system and DB & Associates is assisting businesses to understand the immediate impact and prepare for the future.
Free Market Foundation’s Chris Hattingh believes ‘Twin Peaks’ is more of a ‘Twin Fallacy’ as a conservative cost estimate is R4.8 billion per year.