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.

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Schedule of FSB Communications

Please see below the schedule of planned presentations by the FSB for the rest of 2012. Copies of the satellite broadcasts are availablefrom us. Those that are not televised, requires you to register […]

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Job Losses in the industry

As the final date for completion of the regulatory exams draw near, we experience an increase in calls from candidates, anxious about what will happen if they do not make it. Let me […]

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Our special Woman’s Day story

One night President Obama and his wife Michelle decided to do something out of routine and go for a casual dinner at a restaurant that wasn’t too luxurious. When they were seated, the […]

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Calls for Stricter Enforcement

The news about yet another investment scheme which appears to have gone belly up, raised calls from the industry and the media for preventative measures to be implemented. Personal Finance reported over the […]

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Direct marketers face Heavy Fines

The days of unsolicited SMSs, endless calls and annoying e-mails from direct marketing companies trying to sell unwanted products are numbered, says a Saturday Star report. Direct marketing companies that use your personal […]

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National Women's Day

From Wikipedia: National Women’s Day is an annual public holiday in South Africa on 9 August. This commemorates the national march of women on this day in 1956 to petition against legislation that […]

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Intent, Injuries and KP

Bobby Londt reports: The 2nd test ended in a draw, but as draws go, this was one of the more lively ones seen in recent years. Credit must go to both captains for […]

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Alviro and Kevin entertain

Bobby Londt reports: Sublime batting has been the topic of most conversations at the second test. Two centuries, to be exact – one by our own Alviro Peterson and the other by their […]

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Women’s Day Special

No doubt there are some jokes one cannot share on this special day. As part of our educational drive, I will publish some stories to show what is not acceptable. Marital Bliss My […]

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Client Mandates

FAIS information circular 4 of 2012, published on 12 April 2012, contains information on bulk client transfers and the re-signing of client mandates. Most of the information below is copied directly from the […]

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FAIS Act under Threat?

An extremely important court case, which could have severe implications for the FAIS Act, is currently under way in Pretoria. At stake is the FAIS Ombud’s jurisdiction to make determinations about investments in […]

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NewGold Exchange Traded Fund (ETF)

Mike Brown, Managing Director, etfSA.co.za The NewGold ETF (GLD) issued by Absa Capital, is the most successful South African ETF measured by size. First listed on the JSE in November 2004, it now […]

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You be the Judge II

This article in Thursday’s Moonstone Monitor elicited the biggest response in years. Many readers shared their views, and no doubt, their preparation for the regulatory exams was very evident. Thanks for all your […]

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The gifted Horse

A group of Grade 3, 4 and 5 pupils, accompanied by two female teachers, went on a field trip to the Greyville Racecourse, to learn about thoroughbred race horses and the supporting industry, […]

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You be the Judge

I received the following enquiry from a reader. It reflects a common problem which many FSPs experience when having to determine whether a person is merely providing administrative assistance, or actually giving advice, […]

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