Quo Vadis, Training?

The Financial Intermediaries Association (FIA) raised a number of issues in a recent article, published in FAnews. These concerns include: The introduction of a Super Regulator Measures to provide the Regulator with indemnity […]

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Managing the practice’s biggest cost: Staff

Staff costs in the advisory practice are usually the largest expense by far. Remuneration for sales, base monthly salaries, admin staff, retirement and medical fund contributions all add up. Even for the single […]

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Compliance Considerations

Today, farming is possibly the only industry with a sharper rise in input costs than that of the independent financial advisor. For quite a while now, this important sector of the financial services […]

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Fee for Commission Survey

A recent survey by CoreData research tested the current state of readiness and awareness of advisors concerning the proposed replacement of commission with a fee structure. The data in this study was gathered […]

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2013 Compliance Reports

The information below was copied from FAIS Circular 5. The Compliance Reports for 2013 were published on 29 May 2013 in the Government Gazette as the following Board Notices: 105 of 2013 Category […]

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De Bruyn Determination – FAIS Ombud

The most recent determination by the FAIS Ombud concerns the placing of a client’s investment in the ill-fated Blue Zone scheme. Reading it provides one with insight into the practical application of the […]

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Jurisdiction of the FSB

Was it coincidence? I was working on this article on Tuesday, and on Wednesday saw an article in Sake24 entitled: Finansiële waghond ‘aan die slaap’. According to this report, the members of parliament […]

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Inseta Vouchers Now Available

As reported recently, the Insurance sector SETA are making 1 000 vouchers available to candidates who want to acquire a recognised “full qualification”. This offer is open to all small enterprises, employing up […]

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Dwindling Sole Prop Numbers and Rent a KI

Last week, we commented on the fact that there are only 2 492 sole proprietors in the industry, based on the latest FSB statistics. One reader, speaking from personal experience, wrote as follows: […]

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Where do I get my results?

We are currently inundated with enquiries from candidates about their results. Please follow the advice below to help us help you in the quickest possible way. Please do not enquire a day or […]

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Best of the Boks?

The announcement of Heyneke Meyer’s support structure raised quite few eyebrows, including that of Bulls supporters. To add fuel to the fire, there is speculation that Victor Matfield may be recalled to the […]

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2012 Compliance Report Workshop

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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