How the process to make withdrawals from the savings ‘pot’ will work

Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.

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Plans to Consolidate Ombud Schemes

The Financial Services Regulation (FSR) Bill includes a review of the various ombud schemes currently active in the industry. The information below was extracted from the discussion document titled “An Integrated Ombud System”. […]

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How to register for your level 1 exam

To register for the Key Individual Exam, RE 1, or the Representative Exam, RE 5, you will need your ID or passport number, date of birth, FSP number as well as personal, contact and professional […]

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Latest on NHI White Paper

The information below was printed in Legalbrief Today last week. The National Health Insurance (NHI) White Paper and a draft financing paper are expected to begin the process of being scrutinised by Cabinet […]

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LT Ombud Makes Compensation Rulings

The March 2015 edition of the Long-term Ombud’s newsletter, Ombuzz, contains information which should give heart to those who experience unsatisfactory service from product providers. Too often, such service reflects poorly on the […]

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Landmark SA Investment Panorama study

Major investment institutions and leading asset managers have welcomed the recent launch of the South African Investment Panorama survey. The study, which is a project spearheaded by international strategic research company Insight Discovery, […]

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FSB takes Action on Sign on Bonuses

Scarcely a week after announcing its intent to investigate the impact of sign-on bonuses on churning, the Regulator called for a special compliance report to be completed by FSPs registered as Long-term insurers. […]

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Results and Certificates

We receive requests on a daily basis for copies of results, or RE 1 and RE 5 certificates from candidates who mislaid theirs. You can download this from our website in your own time, at […]

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Die Barmhartige Samaritaan

Eugene Ehlers skryf onlangs: My dogter moes Johannesburg toe vlieg om ‘n perd te gaan koop en het die oggend voor 08h00 daar geland. Sy het ‘n afspraak vir 09h00 gehad om die […]

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CMS Invites Industry Input

The Council for Medical Schemes published Circular 20 of 2015 which outlines intended steps to curb confusion experienced by the general public, caused by misleading branding and communications from third-party services providers. “It shall […]

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Licence Application Assistance

We are experiencing a noticeable increase in enquiries from the industry for assistance with licence applications. The documentation and supplementary information required by the FSB in order to assess such applications have become […]

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Industry Expert’s Views

The February 2015 IISA newsletter contains details of an interview conducted with Dr Brian Benfield who recently retired from the University of the Witwatersrand as visiting professor, Insurance and Risk Management after teaching […]

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Suid-Afrika Verpletter Sri Lanka: Perspektief

Johan Rhoodie Van vroegdag af, hier op 18 Maart, juig al wat ’n Suid-Afrikaner is oor die Proteas se prag-oorwinning oor Sri Lanka in die kwarteindronte van vanjaar se Wêreldbekertoernooi Doer Onder. Die […]

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Harvest House Delivers Fine Crop

Moneyweb recently reported on an outstanding achievement by a relatively small investment house: The Natal Midlands might be a great place for dairy farmers and antique shops, but it’s probably not the place […]

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FSB Addresses Churning

Up front bonuses, offered by insurance companies to entice financial advisers to leave their current insurer and join another, were prohibited by the Financial Services Board in December 2014. In a media release on […]

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