Holistic advice ‘the key factor’ in impact of two pots on clients

Clients whose financial habits have been moulded by sound advice over many years are unlikely to act irresponsibly now, says Fairbairn’s Guy Holwill.

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Twin Peaks Time Lines

The following section appears in the implementation document published on 1 February 2013. Moving towards a twin peaks model of financial regulation will result in the South African Reserve Bank’s organisational design changing […]

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Storming into the Tournament

There is just enough time left before the start of the Super 15 to look at the draw for each of of the South African teams, and the potential impact of this on […]

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Sharemax Beslissing en die Doel van FAIS

Die Toets vir Geskiktheid (The Suitability Test) Die vereiste dat adviseurs ‘n omsigtigheidstudie (due diligence) moet uitvoer ten opsigte van produkte wat hulle aanbeveel, word verder as volg toegelig in die Ombud se […]

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The Business of Advice

Let me take you back in time. To a time when Insurance Salesmen – and men they were – roamed the Earth. Despite talk of ‘Building a Business’, the reality was stark. For […]

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Your language lesson:

The difference between Complete and Finished… No dictionary has been able to adequately explain the difference between COMPLETE and FINISHED. However, in a recent linguistic conference held in London, England, and attended by […]

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Final Date for Reps to write RE 5

I blamed a tough year for having difficulty in following the reasoning in this circular when it was published in December last year. When I read it this morning, I thought that, rather […]

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Implementing the Twin Peaks Model

The original policy document, A safer financial sector to serve South Africa better, published in February 2011, announced a wide-ranging set of reforms to improve the institutional structures to support financial regulation. The […]

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FSB calls for Feedback

The FSB would like to encourage all its stakeholders and interested parties to participate in the consultation process initiated by the publication of A safer financial sector to serve South Africa better in […]

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Rise and Shine

One of the best things to happen in South African rugby last year, was the brand new crop of brilliant youngsters. Eben Etzebeth and Marcel Coetzee, for example, made their mark in no […]

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Political spin doctors

There are times when I think the bad apples in the industry are really giving all of us a bad name, but then I think of politicians and realise that we really have […]

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Full Qualification Training

Moonstone’s training division currently offers two “Further Education and Training Certificates” on Level 4 and four qualifications on level 5 and level 6, respectively. Initially, we focused on helping FSPs obtain the minimum […]

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Updating your Records at the FSB

The article we published last week was based on information contained in the FSB FAIS circular 13. This proved to be a rather unfortunate number. We publish below relevant excerpts from the article, […]

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Steyn & Co – Unlimited!

The first time it happened was against the Aussies – I think we all thought it was a once off; A slip on the part of Australia, just one of those inexplicable cricket […]

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FAIS Ombud Indicts Product Provider

It has become a hackneyed phrase to term an event “ground breaking”. In this instance, I think it applies. We have for a very long time voiced our concern over the fact that […]

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Fopdosser?

Fopdosser? Thanks, Val, for sharing this. Twee meisie-veldmuise sit elkeen met n pakkie kaaskrulle en praat oor hul kêrels. Die een meisie-muis haal ‘n foto van haar muis-kêrel uit en wys dit vir […]

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Honesty and Integrity

I can still recall my initial reaction, way back when, when I first read that honesty and integrity would be one of the fit and proper requirements. There is no disputing the need […]

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