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: […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
This past year had its fair share of ups and downs. It is normal practice to review the year gone by, and hopefully learn from it. It also provides an opportunity to ponder […]
A recent settlement between the FSB’s Enforcement committee and a direct insurer reads as follows: The parties agree that the offering of the Travel and Card Cash back benefits that formed part of […]
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 […]
Publication of the FAIS Ombud’s annual report provides a great learning opportunity every year. We believe that learning from someone else’s mistakes is far better than from your own. A subject that made […]
On Thursday we reminded readers of the necessity to notify the FSB of any material changes in their licensing conditions. A Moonstone Protector client in Bloemfontein had recently changed auditors, and was concerned […]
Authorised financial service providers are legally required to advise the FSB in the prescribed manner of any changes to their licensing conditions, within 15 days of such changes. Many FSPs are not aware […]
