The National Financial Ombud Scheme South Africa rules that an expired Professional Driving Permit does not justify an insurer's rejection of a claim following a hijacking incident.

The National Financial Ombud Scheme marked its first anniversary last week, having dealt with 40,859 cases over the past year.

ICICI Prudential Mutual Fund has introduced the BSE Liquid Rate ETF - Growth NFO, which opened on March 5, 2025, and will close on March 10, 2025.

Catch the live updates from the Premier League encounter between Nottingham Forest and Manchester City played at the City Ground.

Since its inception on 1 March last year, the Financial Ombud Scheme dealt with 40 859 cases and refunded consumers an amount of R416.02 million.

Unifi Dynamic Asset Allocation fund targets investors aiming for meaningful returns that beat inflation across economic cycles.

Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and monitored by trustees. AMCs must specify achievable timelines in scheme documents.

One year on and the National Financial Ombud Scheme has helped thousands of consumers locked in disputes with companies.

Samco Large Cap Fund is benchmarked against the Nifty 100 Total Returns Index (TRI), aligning investments with India’s leading large-cap stocks. Investors can participate in this opportunity with a minimum investment of ₹5,000 for lumpsum and ₹500 for SIPs with at least 12 installments.

The Securities and Exchange Board of India (SEBI) has mandated asset management companies to deploy funds collected through new fund offers within 30 days from allocation. Effective from April 2025, the rule aims to curb mis-selling and ensure mutual fund schemes adhere to specified timelines for deployment.

The Securities and Exchange Board of India (Sebi) has mandated mutual funds (MFs) to deploy the corpus collected during the new fund offering (NFO) period within 30 business days. In a circular on Thursday, the regulator also asked asset management companies (AMCs) to specify an achievable timeline for fund deployment in their scheme document.

The National Financial Ombud Scheme (NFO) marked its first anniversary this week, having dealt with 40,859 cases and having recovered R416-million for consumers over the past year.