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.

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FAIS Ombud Determinations to get worse?

Blue The FSB telematics broadcast on 28 August 2013 was intended for independent financial advisors and covered a wide range of topics, including one simply titled: FAIS Ombud Determinations. The introduction states that […]

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Cape of Storms

It is a bit much expecting me to believe that the Sharks, with a possible starting line-up containing eleven Springboks, are the underdogs. There were more attempts at trying to shirk the mantle […]

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Outsurance Article Response

The following posting, by a member of the public, was recently placed on our website in response to an article we published a few months ago: What a pity I didn’t see this […]

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TCF Update

The Treating Customers Fairly Roadmap provides some guidance to the planned roll out of this initiative, with enforcement indicated as starting in January 2014. The fact that it has its own unique little […]

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Cream Rises to the Top

On the Supersport website, Gavin Rich writes the following scene set for Saturday’s final: The Absa Currie Cup has seen a definite step-up from 2012, and now it is set for a fitting […]

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Enforcement Committee Sanctions

We recently approached the FSB for clarity on how, and by whom, the quantum of an Enforcement Committee penalty is determined, and what options respondents, who elect not to enter into a settlement […]

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FSB in the Box

I came across a most interesting document on the FSB website. Allan Greenblo, Editorial Director of Today’s Trustee, conducted an interview with Mr Dube Tshidi (pictured above), executive officer of the FSB. One […]

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Africa and the ICC

The recent special summit of the African Union (AU) marked a turning point in Africa’s relations with the International Criminal Court (ICC). At the summit, which was held in the context of the […]

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Second Last Hurdle

The Currie Cup is not nearly as important on the rugby front as it was in days gone by, but it retains interest for many of us for whom it was the only […]

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Positive News from PFA

The Pension Fund Adjudicator published her annual report last week. It contains some very positive indicators, as well as concerns for the industry, and the public. In the message from the Minister of […]

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Risk Management Plans

Section 11 of the General Code deals with the control measures required: “A provider must at all times have and effectively employ the resources, procedures and appropriate technological systems that can reasonably be […]

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FSB and Ombud Levies

All registered FSPs should, by now, have received their invoices in respect of the FSB and FAIS Ombud levies. These levies are for the period 1 April 2013 to 31 March 2014. If […]

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New FSB Website

Problems that were experienced in accessing information on the Regulator’s website appear to have been addressed in the new version. The old one was essentially user-friendly to Internet Explorer users only. The website […]

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The Die is cast…

Cream will rise to the top, and the final standings in the Currie Cup log is possibly a fair reflection of the fortunes of the teams who battled for a place in the […]

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Bless me Father…

An elderly Italian man who lived on the outskirts of Rimini, Italy, went to the local church for confession. When the priest slid open the panel in the confessional, the man said: “Father […]

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Dicey Relationships

One would think that the required relationship between key individuals and their representatives are fairly clear. Where a key individual is required, at this time, to have successfully completed the level 1 regulatory […]

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Amazing Investment Offered…

A reader sent me a pamphlet from a company called Aspaya. They offer an unbelievable return on investment, and I use the word unbelievable intentionally. “TalentShare Wealth Creation Program I is a six […]

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