The 30 April 2012 edition of GrayIssue, published by Allan Gray, removes a lot of the myths and hysteria surrounding the tax changes on dividends. The new Dividend Withholding Tax (DWT) replaced Secondary […]
Shortly after the Investment Indicators went out on Monday, I received calls from two readers about different matters. During our conversations, both echoed the same sentiments: Preparing for these exams did not add […]
We received a fair amount of all kinds of calculations, based on the FSB statistics. One that differed from the rest considered the financial impact on the FSB’s income, should the pass rate […]
A retired financial advisor received quite a shock when he was ordered to refund a client to the tune of R460 000, as well as interest at 15.5% dating back from 2005. We […]
The worldwide outcry when a surfer in Australia or South Africa is attacked by a shark, never ceases to amaze and amuse me – the outcry, please note, not the attack. Whether this […]
Last week, Gareth Stokes of FAnews ran an interesting article on product development. The article, entitled Distribution* is make or break for life insurers, addressed the issue of product development. A few quotes […]
The FSB invited input from 5 representative bodies on a proposed discussion document on “intermediary services and related remuneration.” In today’s article, we focus on one aspect: the considerations concerning risk business, including […]
The Financial Services Board is currently looking at the second level of priorities in terms of the provision of financial advice and intermediary services to consumers of financial products. It called for “…contributions […]
Compliance report workshop for category I FSPs without a compliance officer. Compliance Reports for these FSPs cover the period 1 January 2011 until 31 December 2011 and need to be submitted ELECTRONICALLY to […]
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