Representatives under Supervision
In 2008, the FSB realised that the fit and proper requirements could prove to be a major obstacle for new people entering the industry. This was particularly true of the minimum experience requirements. […]
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
Bleeding in the Trenches
There was a short, almost implied comment in my morning paper which provided me with better insight into the current situation of the South African sides in the Super 15 competition. I read […]
FSB Presentations in 2013
The FSB published a list of communication events to be hosted by the FAIS Division between June and December 2013. The events are aimed at FSPs, key individuals, compliance officers and representatives. Please […]
Andy Capp, a time traveller?
It turns out that there’s a scientific and logical explanation for why people ( mostly men ) spend so much time in pubs and only get home in the early hours of the […]
Help is at hand
A reader recently wrote: Hi Paul I am really battling to put together a Risk Management Plan that makes any sense at all. I am a one man business and don’t even employ […]
FSB warns against NaxaInvest
In a recent press release, the Regulator warned the public against conducting business with NaxaInvest. It is not authorised as a financial services provider and is not a representative of an authorised financial […]
Too little too late
This may very well be the lament of both the Stormers and the Sharks, after the weekend’s disappointing losses. Neither team should have lost their respective matches, yet suffered self-inflicted defeats. The Kings […]
Applying for an Exemption
We pointed out on Monday that the information appearing on the FSB website differed from what we understood the process to be. We referred the matter to the Regulator, and received an amended […]
Disclosure of Material Terms
What obligations are there on you to provide clients with a reasonable explanation of the material terms of their policies? This topic is very relevant in terms of the recent Jerrier case, which […]
Paraprosdokians wordplays
A paraprosdokian is a figure of speech in which the latter part of a sentence or phrase is surprising or unexpected in a way that causes the reader or listener to re-frame or […]
Explanatory Note on Board Notice 65 of 2013
We received the document below in the form of a media release on 24 April 2013. It appears that a substantial number of people applied for an extension of the final date to […]
Super 15 Week Twelve
This public holiday in the middle of the week really messed up my biological clock. When I woke up this morning, going to work was the last thing on my mind. Then, when […]
The Men’s Club
A group of chaps, all aged 40, discussed where they should meet for lunch. Finally it was agreed that they would meet at the Ocean View restaurant because the waitresses there were gorgeous, […]
Industry News Summary
Readers who, like us, find value in the monthly summary of industry events published by InsuranceGateway can click here for a copy of the April summary. The very topical issue of “underwriting at […]
Temporary Disability Offers New Opportunity
FMI, an income protection specialist company, retained True South Actuaries and Consultants to investigate the market for disability cover in South Africa and report on such efficiencies and inefficiencies as are found. Their […]
Date of First Appointment Enquiry
I have been working in an insurance department in August 2010 until November 2011 then worked in a non-insurance department from December 2011 until June 2012. In July 2012 I have been working […]
RE Exemption Applications
The FSB announced that candidates who applied for an exemption afforded under Board Notice 65 of 2013 will be allowed to continue doing business until such time as the result of their application […]
