FAIS Ombud Discontinues Case Fees
The following announcement was published on the home page of the FAIS Ombud: In terms of the Financial Advisory and Intermediary Services Act, read with Rule 9(a) of the Rules of Proceedings of […]
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreThe following announcement was published on the home page of the FAIS Ombud: In terms of the Financial Advisory and Intermediary Services Act, read with Rule 9(a) of the Rules of Proceedings of […]
One should be wary of getting stuck in the “good old days”. Today is tomorrow’s good old days, after all. When I mentioned to my colleague Bobby, that John Plumtree currently sits with […]
It seems there are two schools of thought about the future of the financial services industry. The End of the Innocence Last month, an interesting article titled “Adieu independent advice”, sub-titled “Heading for […]
Quite often, people in the industry question the need for regulation. They look at the issue from their own perspective, and the fact that their clients have never complained about them. Unfortunately, it […]
The National Association of Independent Financial Advisers (NAIFA) was terminated in February, according to an article in the Financial Mail. According to its website, “NAIFA was established in South Africa late in 2010 […]
The Inseta Broker Network provides free membership. Its aim is to assist brokers, and their support staff, with training related matters. I must admit that “eduspeak” often confuses me no end. Hopefully this […]
We gave substantial exposure to the Jerrier case over the past few weeks. Last week, in a joint media statement, Treasury and SAIA provided details of measures agreed on, to enhance insurance disclosures […]
A number of readers approached us regarding the consequences of not passing the level 1 REs by the required date. Many are of the opinion that they can carry on as usual until […]
In media releases, dated 12 and 16 April, the FSB announced the following figures relating to changes in the status of affected FSPs: The authorisation of 515 FSPs were suspended during the reporting […]
We picked up two interesting pieces of information from the Inseta website: An e-mail from careerwisup@gmail.com is doing the rounds, offering learners an Inseta Learnership at a price. Inseta says: “Learners are advised […]
This is the balance of the article, the first part of which was published in the Moonstone Investment Indicators last Monday. It appears in the March edition of the ASISA publication “In the […]
In a media statement, issued on Thursday, 11 April 2013, the FSB advised that Zargogen, trading as Sharepartner, The Shareholder Partnership, TSP, was not a licenced FSP and investors were cautioned not to […]
Last week, the FSB published an extensive list of licences which were withdrawn due to the non-submission of financial statements. If your financial year ends on 28 February, you are obliged to submit […]
A young monk arrives at the monastery. He is assigned to helping the other monks in copying the old canons and laws of the church by hand. […]