Numsa-linked 3Sixty Life gets a new curator after lengthy legal saga
Fagmeedah Petersen-Cook has been appointed as the final curator of the Numsa-linked underwriter after 14-months of legal wrangling
3Sixty Life, the underwriter linked to the National Union of Metalworkers of SA (Numsa), finally has a new curator after 14-months of legal wrangling with the Prudential Authority (PA).
The high court appointed Fagmeedah Petersen-Cook as the final curator of 3Sixty Life on February 21, according to a statement on Friday by the PA, the financial services regulator that falls under the SA Reserve Bank. Her appointment hopefully brings to an end a protracted legal dispute that began in December 2021 when the PA first had 3Sixty Life placed under provisional curatorship for failing to maintain legally required capital levels...
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