SARS pays back R10bn, but some taxpayers’ refunds are being withheld

Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.

Outsurance Ad Update

The original article published by RiskSA regarding a misleading advertisement elicited a response from OUTsurance. The original article reported on a finding by the Code of Complaints Committee of SAIA that a particular […]

Inseta Vouchers Available

Inseta has 1 000 vouchers available to those looking for financial support in obtaining a full qualification. This applies equally to those already studying towards a recognised qualification, and those wanting to start […]

Did Direct Insurer Transgress?

An on-line article concerning an advert of a direct insurer which transgressed the Code of Conduct of a professional body, was removed this morning. We also prepared an article on this, but decided […]

Guaranteed annuities, Ugly Ducklings?

This article was published in IG eZine October 2012. In view of the current debate on changes to retirement provision, it is essential reading to provide a more balanced perspective on the choice […]

Vereistes vir Voldoeningsbeamptes

Veranderde vereistes vir voldoeningsbeamptes (VBs) het nogal heelwat kopkrap veroorsaak vir die bedryf. Die inligting hieronder, wat Moonstone Compliance verwerk het uit Raadskennisgewing 127 van 2010, sal lesers help om meer duidelikheid te […]

Sustainable income in retirement

By Pieter Koekemoer, Head of Personal Investments, Coronation One of the toughest financial planning tradeoffs, is ensuring that retirees’ post-retirement income is sustainable over the full period of retirement, without compromising more than […]

Human Capital Development Forum Established

A number of industry associations joined forces to form the Short Term Insurance Human Capital Development Steering Committee. The purpose is to oversee and drive the professional standards of the South African short-term […]

Binder Workshop Positive Feedback

We received many positive comments after the first of five workshops: I have been to a few Binder Regulation workshops and can honestly say that this has been the most insightful and best […]

Perennial Problem Pops up Again

It is that time of year again when you can expect a request from product providers to sign a Personal Services Company Affidavit. This request continues to irk advisors, yet there is nothing […]

We are Stardust

(I attached links to the songs mentioned in the article to help set the mood while you read) Woodstock was a “happening”, to use a buzz word of those times. In the words […]

FSB On-Site Visits

On Monday we discussed the functions of the FSB’s FAIS Compliance Department in an article by the same name. We indicated where they get information which leads to further action, including on-site visits […]

Binder Agreement Workshops

If the current state of bookings is an indication of what will happen in the Currie Cup, the Lions are going to retain their title hands down. The first session in Johannesburg was […]

Rent a Licence

The latest determination by the Ombud again concerns an investment in Sharemax. The Ombud ordered the respondent to buy back the shares at the price it was sold to the complainant. An interesting […]

Binder Agreement Workshop – Content Positioning

The following is a brief summary of what the workshops will entail. Binder Agreements: What are the practical ramifications for my practice? The publication of the new Binder Regulations on 23 December 2011, […]

Insurance: Advisors vs Clients

This article, first published in the Van der Spuy and Partners newsletter, provides an objective, legal perspective on the obligations of the two parties involved in an insurance contract. Your newly gained knowledge […]

Brass Tacks Workshops

These three-hour workshops cover the following topics: Binder Agreements: what are the practical ramifications for my practice? The Outsourcing Directive: are your administration fees legal? Market practices relating to payment of fees: what […]