Who said Test cricket is dead?
Wow, what a final day that was! The result is in the bag and the Proteas have laid claim to that elusive Number 1 ranking they have been working towards for so long. […]
How the process to make withdrawals from the savings ‘pot’ will work
Retirement fund members must ensure their fund has their correct details and they are registered as a taxpayer with SARS.
Read moreOn the verge…
We are all set for the last day. England were set a mammoth 346 runs to win and so square the series to cling to their number 1 ranking. As things stand, England […]
Paddy visits New York
He was patiently waiting and watching the traffic cop on a busy street crossing. The cop stopped the flow of traffic and shouted, ‘Okay, pedestrians.’ Then he’d allow the traffic to pass. He’d […]
FAIS and the CPA
The Consumer Protection Act is a landmark piece of legislation, aimed at protecting consumers from dubious business practices. The FAIS Act aims to regulate financial advice and intermediary services, with the stated intent […]
Another Sharemax ruling by FAIS Ombud
Legalbrief reports as follows: Another financial adviser has been ordered by the FAIS Ombudsman to repay a retired couple who invested their pension money in The Villa syndication of Sharemax, says a Sake24 […]
FSB Communications
On Wednesday, 22 August, the FSB broadcasts a workshop on how Continuous Professional Development works. The target market for which it is intended is indicated as: Key Individuals, sole proprietors, compliance officers and […]
Regulatory Exams for Compliance Officers: RE 40
This exam was announced some time ago, with timelines on the FSB website given as follows: Trials would be run in October and November 2011 January 2012 would see the exams, drawn up […]
Records and Rankings
Apart from the sideshow created by the Kevin Pietersen saga, the last “text match”, as it was dubbed in the media, gets underway at Lords today. At stake are the series and the […]
Financial Terms after the Meltdown
CEO — Chief Embezzlement Officer. CFO — Corporate Fraud Officer. BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius. VALUE INVESTING — The art of […]
Read the fine print
One would hope that, being in the industry, that we all have PI cover and that we know exactly what we are covered for. (In case you do not have PI cover, you […]
Reps who Fail to pass RE 5 by 30 September
We received a number of enquiries from readers following Monday’s article which touched on interim measures one can take when candidates do not pass the regulatory exams by the end of September. Q: […]
Orange placed under provisional liquidation
The Financial Service Board confirmed that Orange Insurance Limited (Orange) was placed under provisional liquidation on 24 July 2012, with the return date for the final liquidation order set for 9 October 2012. […]
New list of Recognised Qualifications Published
The long awaited update on recognised qualifications was published in the Government Gazette on 15 August. Board Notice 135 of 2012 contains the list of approved qualifications, and Board Notice 136 of 2012, […]
FSB Media Release – Orange Insurance
ORANGE INSURANCE LIMITED PLACED UNDER PROVISIONAL LIQUIDATION The Financial Service Board hereby informs the public that Orange Insurance Limited (Orange) was placed under provisional liquidation of 24 July 2012, with the return date […]
FSB Responds to Allegations
Last week we reported on media articles relating to the FSB’s involvement in the prevention of dubious investment schemes. The Regulator saw fit to publish a media release explaining its position in terms […]
