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Podcast: First Take SA
Episode: IFAF withdraws legal challenge over medical aid brokerage issue
Description: The Independent Financial Advisors Forum, IFAF, has withdrawn its legal challenge against the City of Johannesburg. The decision comes after the Council of Medical Schemes reaffirmed that medical aid members have the right to choose their own broker. IFAF had argued the city's tender process, which would have appointed a single medical aid brokerage provider, violated this right. With this development, IFAF says small brokerages now have greater access to the market, creating opportunities for growth. Elvis Presslin spoke to IFAF Deputy Chairperson, Buti Sigasa