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. […]
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreOn 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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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, […]
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 […]
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 […]
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 […]