Healthcare Guidelines
The recent document updating the Medical Schemes Council policies and guidelines contained two items which may be of interest to readers. Orphan Client Allocation “…when a member has been admitted to a scheme […]
Best Practice
Videos
Watch: MBSE launches RE training for FAIS representatives
Watch: FPI Financial Planner of the Year on key issues shaping the financial landscape
Animated video explains the two-pot retirement system
NCA Credit providers’ FICA obligations
NCR Desktop Audits
Is South Africa on track to getting off the grey list?
Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
Training Trivia
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 […]
CPD Update
The March edition of the ASISA publication “In the Loop” contains the following information regarding CPD developments: The FSB published a draft, redesigned, Determination of Continuous Professional Development (CPD) on 19 December 2011. […]
Check your Licence
When last did you look at your licence document? You know, the one displayed against your wall, flanked by your RE1 and RE 5 certificates? Many people, when they first applied, added everything, […]
Krediete en Kwalifikasies
Die volgende aanhaling verskyn in die FSB se Voorbereidingsgids vir die Regulatoriese Eksamens: Die gewysigde geskikte en gepaste vereistes wat in 2008 aangekondig is, het die finansiële dienste bedryf aan ‘n nuwe konsep […]
The Devil made me do it
One of the first determinations by the FAIS Ombud concerned a complaint against an advisor who said, in her defence, that she did not place a client’s funds in an investment that went […]
FSB Licencing made Easy
The second part of the DVD of the FSB telematic broadcast of 7 March covered the following topics: Profile changes: Contact details Add/amend.remove Representatives Directors/members.shareholder details Approval/removal of Key Individuals Online Submissions: […]
New Licence Category
The March edition of the Bowman Gilfillan Financial Services Newsflash contains an article entitled Extension of Certain Exemptions Granted under the Financial Advisory and Intermediary Services Act, 2002 (FAIS). We reprint the article […]
Ghost CPD Points Part II
Last week, we warned readers against training service providers who use Continuous Professional Development (CPD) credits as a means of selling their services to unsuspecting FSPs who are under the impression that it […]
Healthcare Hurdles
I am writing this article on the morning of budget day. One of the topics which feature quite heavily in pre-budget speculation concerns progress on the planned National Health Insurance (NHI). Of even […]
Views on Risk Profiling
Last Monday’s article on the on the Smit determination, which involved an investment in the Dynamic Wealth MR Property Fund, certainly drew a lot of discussion. An experienced broker, and long time personal […]
SARS Grawe nog Dieper in Jou Rekords:
My kollega wys my gister ‘n e-pos wat hy van sy bank ontvang het oor verdere stappe wat SARS implementeer om belastingbetalers se eerlikheid te toets. New SARS requirement: Your home loan balance […]
Full Qualification Training
Moonstone’s training division currently offers two “Further Education and Training Certificates” on Level 4 and four qualifications on level 5 and level 6, respectively. Initially, we focused on helping FSPs obtain the minimum […]
FAIS Ombud Indicts Product Provider
It has become a hackneyed phrase to term an event “ground breaking”. In this instance, I think it applies. We have for a very long time voiced our concern over the fact that […]
Make financial planning a priority in 2013
This latest “GrayIssue” from Allan Gray is a well written article inviting clients to: “Make financial planning a priority in 2013” Research from the US1 shows that financial planning is a critical factor […]
Advisor Prejudice & Vested Interests
By KEN SILKE (B.A. LLB. (UCT) AA Arb, Advocate of the High Court of South Africa One of the prime examples of advisor prejudice is where an Independent Advisor advises a client to […]
Moving a Book?
The latest determination by the FAIS Ombud is a good example of why it is so necessary to make sure that you inform your client of any material changes to an existing product. […]
