FSB Circular 10 on REs
There will no doubt be some very clever calculations done, based on the statistics contained in this circular. It never ceases to amaze me how some people can spend hours dissecting these figures […]
Best Practice
Videos
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
Did the Crime fit the punishment?
Further to last week’s article Bark without Bite?, we expand on the closing sentence which read: “ We are not propagating stricter censure for transgressors, but merely asking that a uniform standard be […]
Living Wills
The article below comes from a newsletter distributed by Sentinel Trust, and was written by Gordon Stuart: From time to time I do get asked about a living will and whether it is […]
Bark without Bite?
The latest finding by the FSB’s Enforcement Committee (EC) will no doubt raise an eyebrow or two, given the promise of harsher treatment promised in July this year. A short-term provider transgressed Section […]
Tax Imperatives Seminar
Readers in Cape Town and surrounds are cordially invited to attend this seminar, on 17 October, arranged by Walkers Attorneys in Cape Town. Of particular interest to readers may be the fact that […]
FIC Registration
On 19 September, The FIC sent a notice to Financial Services Providers (FSPs) who had not yet confirmed their registration details in terms of section 43B of the Financial Intelligence Centre Act, No. […]
RA Commission under the Spotlight
The National Treasury released two technical discussion papers on promoting household savings and reforming the retirement industry. These papers, numbered B and C respectively, are titled Enabling a better income in retirement, and […]
New sectors for South African collective investments
The Association for Savings and Investments South Africa (ASISA) announced this week that a new fund classification standard has been finalised and approved for implementation on the 1st of January 2013. The new […]
Service Level Agreements
It is no secret that the myriad of controls required by the Regulator is not often viewed in a positive light. Feedback after visits by the FSB to broker practices confirms that FSPs […]
Outsurance kry Bloedneus
Verbruikers wat meen dat hulle spaar deur die tussenganger uit te sny, kan gerus hierdie artikel lees. Luidens die berig in die Sunday Times van 12 Augustus 2012 is ‘n kliënt se eis […]
FSB Contact Details
The latest FSB newsletter, published in January this year, contains a list of e-mail addresses for submission of documentation to the Regulator. Please download and store this in easily accessible format. We have […]
July 2012 etfSA.co.za Monthly Performance Survey
Mike Brown, Managing Director, etfSA.co.za With above inflation returns being provided by the main local market indices for both bonds and equities, many of the index tracking products, both ETPs and Unit trusts, […]
Administrative Services on behalf of Product Providers
Providing services to clients for which you are not reimbursed has always been part of the job. Back in the good old days, when most product providers paid more than lip service to […]
Smaller does not mean safer
Small businesses are just as susceptible to on-line piracy, phishing scams and identity theft as are the larger firms. Smaller businesses do not always believe that their key information such as bank data, […]
The human element to selling a business
When selling a business as a going concern, Section 197 of the Labour Relations Act (LRA) applies and regulates the transfer of employment contracts where the whole or part of a business is […]
Household savings: how does South Africa fare?
Global Finance magazine provides the following description of the term and some recent trends: Household saving is defined as the difference between a household’s disposable income (mainly wages received, revenue of the self-employed […]
Identity Theft
The recent case where a client’s account was stripped of R62 000 after her cell phone SIM card was cloned, caused quite a stir in the media. The bank was, obviously, quick to […]
