FNB Instructed to Cough Up
Four years ago, former FNB financial adviser, Clynton Cotton, pleaded guilty to stealing R12 million from his clients. One of them, Carmen Goodman, finally won her court battle with the bank. FNB was […]
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreFour years ago, former FNB financial adviser, Clynton Cotton, pleaded guilty to stealing R12 million from his clients. One of them, Carmen Goodman, finally won her court battle with the bank. FNB was […]
Under the proposed Financial Services Laws General Amendment Bill, the Financial Services board will be protected from legal liability for their bona fide actions, even if these are negligent. According to a report […]
I received an enquiry from a reader last week who decided to leave the industry after 30 years. He asked for advice on what he needs to do, as another advisor offered to […]
A customer asks… “In what aisle could I find the Irish sausage?” The clerk asks…”Are you Irish?” The guy, clearly offended says… “Yes I am, but let me ask you something. “If I […]
A reader recently sent me an e-mail that read: What distinguishes a good Scotch from an ordinary dram? One double makes you think you’re single. This quite accurately sums up what happened on […]
Last week, we commented on the fact that there are only 2 492 sole proprietors in the industry, based on the latest FSB statistics. One reader, speaking from personal experience, wrote as follows: […]
There is a huge house in our street. The extended family is run by a grumpy old woman with a pack of irritable dogs allowed to run without leads. Her car isn’t taxed […]
I am quite proud to share with you a report received from CENCE, our Social Investment initiative. The name CENCE is the acronym for “Consumer Education through National Collaborative Enablement”. Cence, in partnership […]
This article received quite a bit of attention from the market. We respond to two of the questions received from from readers. I just recently received the Moonstone Monitor for today and have […]
In FSB Newsletter 12, the regulator expresses concern that the duty of a compliance officer to report real, or suspected irregularities, does not always receive the attention it should. Section 17(1)(c) of the […]
I experienced a rare “I told you so” moment when I read yesterday that coach Meyer agreed with my views on patience – both from the players and supporters. But too much of […]
The original article published by RiskSA regarding a misleading advertisement elicited a response from OUTsurance. The original article reported on a finding by the Code of Complaints Committee of SAIA that a particular […]
Due to recent developments in the market, there is a substantial increase in demand for our compliance services. We recently published an article on the qualification criteria for COs, which interested parties can […]
At this time of year, little things can be far more irritating than ten months ago. Do not feel alone. Law of Mechanical Repair – After your hands become coated with grease, your […]
Ombud Complaints Analysed A reader recently pointed out an interesting statistic published in the FAIS Ombud’s annual report. Less than 20% of the complaints received in the last year, concerned investments. He says […]
Inseta has 1 000 vouchers available to those looking for financial support in obtaining a full qualification. This applies equally to those already studying towards a recognised qualification, and those wanting to start […]