Intermediary Services Explained
Most of you can probably recite the legal definition of “advice” and “intermediary services” off by heart, having studied for the REs, but how many know how to interpret it correctly? The FSB […]
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
2013 Annual FPI Convention and Expo
The 2013 Annual FPI Convention is just around the corner. Cited as one of the most prestigious and comprehensive conferences in this field, and with 800 delegates already registered, the convention promises to […]
Three out of Four
Wind uit hul Seile En daar vind die Stormers toe uit jy kan nie oornag van super verdediging oorskakel na super aanval nie. Veral nie as jy twee ysters soos Vermeulen en Elstadt […]
Neologisms
This is an old post, but I thought you may enjoy it as much as I did when reading it again. 1. Coffee (n.), the person upon whom one coughs. 2. Flabbergasted (adj.), […]
DOFA and the REs
Your date of first appointment determines by when you need to write the level 1 regulatory exam. FAIS Circular 13 of 2012 spells it out as follows: Sole proprietors, key individuals and representatives […]
New licensing requirements envisaged
An article titled Financial Services Sector: get ready to relicense, published in Moneyweb yesterday, will no doubt come as a huge shock to many people in the financial services industry. It appears that […]
More on Hippo Comparative Services
Our article on Monday was based on the contents of an FSB media release. We were unable to verify the facts against the actual Enforcement Committee order as the FSB website was unavailable […]
My New Boyfriends
I am seeing 5 gentlemen (give or take) every day!. As soon as I wake up, Will Power helps me get out of bed. […]
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 […]
Are we “Trying” hard enough?
I blame the poor rugby, from all but one team, squarely on today being Monday the thirteenth, and I am doomed to try and find something positive to say after the way the […]
Hippo Comparative Services Fined R1 million
We received the following media release from the FSB over the weekend: The Registrar of Financial Services Providers (Registrar) referred a case against Hippo Comparative Services (Pty) Ltd (the Respondent), FSP number 16357 […]
FSB Information Letter 3 on Binder Regulations
The purpose of the document is to provide guidance on: Activities that constitute binder functions Remuneration payable by the insurer to the binder holder and The Registrar’s interpretation of the regulations from a […]
Address changes
Drafting this article reminds me of the saying “preaching to the converted”. If you are reading this, then obviously your address on our database is correct. We do, however, receive many calls […]
All about nothing
We have all heard of some story or other about how some banks treat their customers. Here’s one that will knock your socks off… This happens to be a true story indeed!!!! Sometimes […]
FSB Information Letter 3 on Binder Regulations
The purpose of the document is to provide guidance on: Activities that constitute binder functions Remuneration payable by the insurer to the binder holder and The Registrar’s interpretation of the regulations from a […]
Stokvels and Burial Societies Exempt from Licensing
Board Notice 43 of 2013 exempts Stokvels and Burial Societies from being licensed. This obviously means that they no longer fall under the jurisdiction of the FSB. It is very specific about who […]
