RE Standards
An article on the pass mark of recent matric exams, reminded me of one of the controversial aspects of the regulatory exams – the pass mark of 65/66%. Professor Jonathan Jansen is arguably […]
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.
Read moreInseta Preparation Workshops
The workshops, aimed at assisting those who had difficulty in passing the level 1 regulatory exams, will run from 22 January to 19 February 2013. The FSB circular 13 of 2012 indicated that […]
Yesterday, Tomorrow and Thereafter
Bobby discusses the second test starting tomorrow, and Paul looks at the period leading up to when the official number one side in test cricket is crowned. We came across a wonderful website […]
Regulation of Tax Advisors
This legislation will also affect all financial advisors who provide tax services to their clients. With the promulgation of the Tax Administration Amendment Act at the end of last year, all tax practitioners […]
Important Changes to Fit & Proper Requirements
The publication of Board Notice 202 of 2012 brings about very important changes to the definitions of “Annual Expenditure”, “Liquid Assets” and “Management Accounts”, amongst others. This may impact significantly on your financial […]
The demise of Hayibo
One of the sad demises of 2012, was the Hayibo website. Their satirical look at current affairs led to them being described as “South Africa’s second-best source of made-up news, after the SABC”. […]
Make financial planning a priority in 2013
This latest “GrayIssue” from Allan Gray is a well written article inviting clients to: “Make financial planning a priority in 2013” Research from the US1 shows that financial planning is a critical factor […]
FSB Circular 13 of 2012
This is a follow-up circular to FAIS circular 12/2012 distributed on 7 December 2012. The purpose of this circular is to communicate information regarding the following: Additional information regarding the extension of the […]
Compliance Report Workshops
Our normal Telematics broadcast will be hosted on the 6th February 2013, from 09H00 to 12H30 at the following 8 venues: Bloemfontein East London Johannesburg Klerksdorp Polokwane Port Elizabeth Pretoria Stellenbosch Special Face-to-face […]
Black Caps tour: Setup for failure
In my opinion, the Black caps never stood a chance due to the failures of its management structures. New Zealand Cricket (NZC) failed the team, and specifically the players, by not providing them […]
9 days of shopping left before Mayan apocalypse
A Hayibo.com story With just 9 shopping days left before the world ends in accordance with an ancient Mayan calendar, many holidaymakers are leaving Gauteng early to beat the pre-apocalypse rush to Cape […]
A special word of thanks to our faithful following.
The team takes a break this week. Our sincere thanks to the many readers who broke the mould and joined us on the blog. Dit was toe glad nie so erg nie, was […]
Council for Medical Schemes Accreditation
A draft policy document on accreditation for brokers and broker organisations was published for comment by the Council. Please click here to download a copy. Affected parties have until 13 January 2013 to […]
Ombud Denies Client’s Exorbitant Claim
The latest (and hopefully last) determination by the FAIS Ombud in 2012 contains two interesting new developments. The first quirk is that both respondents were ordered to pay the obligatory case fee of […]
Festive Greetings!
The highs and lows of 2012 will differ from person to person. The one thing we will all agree on, is that it was not a boring year. One aspect that stands out […]
Advisor Prejudice & Vested Interests
By KEN SILKE (B.A. LLB. (UCT) AA Arb, Advocate of the High Court of South Africa One of the prime examples of advisor prejudice is where an Independent Advisor advises a client to […]
