Unclaimed Retirement Benefits
The latest Annual Report of the Registrar of Pension Funds states that approximately Twenty billion Rand in unclaimed benefits is owed to about 3.5 million beneficiaries. Many funds employ the services of tracing […]
Massive interest in two-pot withdrawals puts administrators to the test
As the two-pot system rolls out, fund administrators are receiving a wave of withdrawal claims, highlighting the financial squeeze many are feeling.
Read moreNHI White Paper due soon
According to a Business Day Live report, the long-awaited White Paper on National Health Insurance (NHI), together with a linked discussion document on financing options, are about to enter the Cabinet process. A […]
Retail Hedge Funds Coming to SA
In February, the Minister of Finance declared hedge funds as collective investment schemes with effect from 1 April 2015. All South African hedge fund operators are required to apply for registration as a hedge fund […]
Succession Planning for Coaches
Somehow, the Kiwis just manage to outsmart most other countries, and not only on the pitch. Steve Hansen was an assistant coach under Graham Henry for a long time, including two RWC campaigns, […]
ICC developments and future risks for Kenya
Wednesday, August 19, was a busy day at the International Criminal Court (ICC) in The Hague. The ICC’s judges made two calls that could potentially have an impact on political risk in Kenya. […]
Wheels of justice grind slowly
The latest decision by the FSB Appeal Board concerns a case where the Registrar debarred the appellant for a period of three years from rendering financial services in terms of Section 14A(1) of […]
RAs in the world of simple and cheap – Patricia Holburn
You can be young without money, but you can’t be old without it. Tennesse Williams Retirement reform, RDR and TCF all speak to better outcomes. Old style, conventional retirement annuities have been singled […]
RE: Preventing Cheating
The terms and conditions, which candidates are obliged to sign prior to writing the exam, contain a number of rules to prevent cheating. Here are some which you need to be aware of: […]
RDR and CPD – What to do now?
I received a call from a reader last week asking for advice on which of the three proposed adviser models would suit his situation best: independent, multi-tied or tied adviser? Of the 55 […]
Inseta Learning Material
The Inseta website underwent a facelift, and learners wishing to download the preparation material for the regulatory exams may experience some difficulty in finding it. Click on this link to go directly to […]
Private Practitioners take on Genesis
TimesLIVE reports that the medical aid scheme’s attempt to reduce the amounts payable for prescribed minimum benefits met with resistance from the SA Private Practitioners’ Forum who claimed that the scheme’s financial statements […]
Likelihood of Financial Prejudice
We discussed the importance of when a client’s right to lay a complaint with the FAIS Ombud expires in last week’s Moonstone Monitor. To recap: a client has three years to approach the […]
O Captain! My Captain!
Contrary to popular belief, this poem by Walt Whitman is not about the late Robin Williams in the Dead Poets Society, but about the death of Abraham Lincoln. O Captain! My Captain! our […]
Important Exam Day Requirements
Our website contains a more detailed document of what is required. The following is a short extract of some of the problems regularly encountered by our exam venue staff: Attendance Candidates are required […]
Miss-Selling Allegation Countered
The Lewis Group indicated that it will refund a total of R69 million in premiums and interest to pensioners and self-employed customers who were sold policies for loss of employment, which would, of course, […]
Is there still a place for endowments? – Patrick Cairns
For many younger investors and IFAs, the idea of endowment policies seems a little old fashioned. These were vehicles that our grandparents used before collective investment schemes effectively democratised investing. Their reputation was […]
