Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
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Nearly all financial institutions understand the “know your client” (KYC) requirements. It is an important step developed globally to prevent identity theft, financial fraud, money laundering and terrorist financing. Knowing customers is an […]
A landmark research report from Insight Discovery shows what IFAs expect from LISPs and asset management companies. Market intelligence firm Insight Discovery released its second South African Investment Panorama (SAIP), a survey of […]
The Short-term Ombud warned policyholders against taking premium holidays when there is too much month at the end of the money. During tough economic times, cash-strapped consumers are forced to prioritise their monthly […]
A media release on 18 August by the office of the Pension Funds Adjudicator addresses an issue raised during the interviews for the Public Protector position. An allegation against Ms Lukhaimane was made in […]
The Council for Medical Schemes published Circular 57 of 2016 containing details of a number of fees increases, some of which are: Application for registration of a medical scheme: R8 750.00 (Current Fee: R5 000.00) […]
In The Ascent of Money, Niall Ferguson tells the human story about the evolution of the world’s financial system, noting that “the ascent of money has been essential to the ascent of man.” […]
In response to an enquiry from one of our compliance officers, we conducted research on information published on these products that appear to be problematic to government. Finmark Trust conducted two studies: In […]
Those who know the Meatloaf song, knows that it continues: “…may appear closer than they are.” Enquiries to the FSB regarding the current state of the Retail Distribution Review indicated that draft regulations […]
The Council for Medical Schemes’ “Circular 48 of 2016: Guidance on benefit changes and contribution increases for 2017” contains the requirements for the assessment of the benefits and contributions for 2017. Apart from […]
Many readers received a “request for account rejected” notification from the FIC following their online registration on the new “goAML” system. The reasons for rejection include: 1) 1st Phase FIC verification (Sec 43b […]
The Future Health Index 2016 is an international survey which “… highlights the opportunities and barriers to a more connected and integrated form of healthcare that will better serve future generations. By measuring […]
On 12 May 2015, the Registrar decided to debar the appellant, Mr Francois Pens Ellis, for a period of two years in terms of section 14A (1) (a) of the FAIS Act. The […]
In May, Insight-Discovery, in conjunction with Moonstone, conducted a survey amongst Investment advisers, the outcome of which will be of tremendous value to product providers. A draw was conducted with the aid of […]
It is that time of the year again. Below is a summary of what you can expect to pay, courtesy of my colleague Grethe van Heerden, as well as a link to our […]
A reader enquired as follows last week: Have you heard anything about the Defencex claim’s second phase? The input area for this claim is inactive. In response, I contacted Hanna Ziady at Moneyweb […]
People appointed before 2010 had various options regarding prescribed qualifications, including obtaining a certain minimum number of credits, depending on what categories they were licensed for. My alert colleague, Paull Lawrence, sent us […]
