FSB Fees Increase
A notice, published in the Government Gazette on 20 November 2013, formalised the increased fees payable to the FSB in respect of certain functions. Before we compare the new fees to the old, […]
Discovery to appeal ‘far-reaching’ judgment in favour of RAF
The High Court says Discovery Health misconstrued the scope of the judgment that set aside the RAF’s first directive on the payment of medical scheme members’ claims.
Videos
Watch: MBSE launches RE training for FAIS representatives
Watch: FPI Financial Planner of the Year on key issues shaping the financial landscape
Animated video explains the two-pot retirement system
NCA Credit providers’ FICA obligations
NCR Desktop Audits
Is South Africa on track to getting off the grey list?
Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
Keeping the Registrar up to date
The FSB regularly publishes details of changes to the licensing conditions of FSPs. These include new licence applications, as well as withdrawals and suspensions of licences, and reinstatements. To date, it would appear […]
Compliance Consolidation
The introduction of the FAIS Act brought a number of additional layers of cost which providers of financial services had to absorb. The majority of the tentacles of this octopus have compliance written […]
Information Letter on Benefit Amount Increase for Assistance Policies
Further to the recent increase in the maximum amount announced by the Minister of Finance, an information letter was published to provide guidance on the correct interpretation of the information. The change stems […]
TCF Guide for small FSPs and IFAs
Treating Customers Fairly will impact on the whole industry. To date, most of the communication was aimed at corporates and industry bodies, with little information flowing through to smaller FSPs and independent financial […]
A Fitting End
The demolition job on France on Saturday summed up where the Springboks currently are. Much has been said about the game itself, so I will focus on a few aspects not related directly […]
Pluck the Golden Rooster
Stade de France, the national stadium of France, is situated just north of Paris in the commune of Saint-Denis. It has an all-seater capacity of 81,338, making it the sixth largest stadium in Europe, and is used by both […]
Nigeria – Real GDP growth rises in Q3
Nigeria’s real GDP growth improved in the third quarter on the back of higher oil production as well as an increase in non-oil GDP growth. Real GDP at factor cost expanded by 6.81% […]
Retail Distribution Review Update
Background Up to the end of the previous century, regulation of financial services was by and large left in the hands of the industry itself. The advent of consumerism and money laundering, amongst […]
Positive Industry News
In a previous article we reflected on the need for more publicity regarding the positive contribution of the financial services sector. The following information, published by ASISA, should be reassuring to both the […]
FSB: Debarment Guidelines
At the end of October, we published an article titled, New Debarment Notification Document, containing details of a new form which has to be completed and sent to the FSB when a key […]
Ye’ll take the High Road…
The man we most loved to hate, Sean Fitzpatrick, is actually a very likeable rogue. The interview with Ali Bacher was outstanding, and I would love to watch it again. On Saturday, Supersport […]
Regional – Sub-Saharan Africa – S&P report underlines role of fiscal, political risk in sovereign credit ratings
In a report released on November 12, the rating agency Standard & Poor’s (S&P) noted that high economic growth rates in the sub-Saharan Africa (SSA) region did not translate into improved credit quality […]
Scotland the Grave?
Nie oud of koud nie Dan Carter speel hierdie naweek in sy 100ste wedstryd vir die All Blacks. Daar was al spelers wat hierdie mylpaal bereik het, maar na my mening is hy […]
RE1 and RE 5 certificates
We are inundated with requests from clients who have mislaid their certificates. Please follow the DIY steps below to get it much quicker. Regulatory Exam candidates who wrote with Moonstone, and passed, can […]
FSB: Guidelines on Advertising and Marketing
In the light of an increase in practices relating to advertisements, brochures and similar communications that are contrary to section 4(3) of the Long-term and Short-term Insurance, steps aimed at addressing this were […]
Increase in Benefit Amount for Assistance Policies
An increase was announced with regards to the maximum value of the policy benefits to be provided in terms of an assistance policy (Financial product subcategory 1.1). As from 11 November 2013, the […]
