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.

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, […]

Survey Assistance

ASISA’s Medical & Underwriting Standing Committee (MUSC) have requested our assistance in a survey of intermediaries on Standardised Critical Illness Definitions (SCIDEP). This applies to all advisors involved in life assurance. It aims […]

Reactions to article ''A matter of principle'''

Concerned Trainer writes It is encouraging to see representatives are questioning the legality of their actions, but should they not know this if they have passed the RE Level 1 exam? During the […]

Communicating with the Regulator

Callers to our offices sometimes express frustration trying to communicate with the FSB, and end up using us as a source of information. We obviously regard this as a major compliment, and try […]

Driving home the advantage

Bobby Londt reports: After the epic lesson given at The Oval, the cricketing world keenly awaited the next round of this mini world championship. The second tests starts today at Headingley in Leeds. I […]

Bumble in the Jungle

One can throw stones, make excuses or simply swear or cheer, but the fact remains that the Sharks simply peaked at the right time, while the Stormers did not, on Saturday. Watching the […]

Paddy the Painter

A painter by the name of Paddy Murphy, while not a brilliant scholar, was a gifted portrait artist. Over a short number of years, his fame grew and soon people from all over […]

Let the Master Beware

Is a bank liable when an employee gives misleading investment advice? A recent finding by the FSB’s Appeal Board indicates that this could in fact be the case. Space does not allow us […]

New Spot for RE Roundup

From Thursday onwards, we will move this section of the newsletter to a new slot. We strive to keep our articles fresh and newsworthy, and we would hate to be seen to underestimate […]

Harsher Measures for Non-Compliance

While this heading may initially raise a collective sigh of exasperation, those who operate within the law should actually heave a sigh of relief. At the FSB’s annual Conference in Cape Town yesterday, […]

Latest Statistics Encouraging

Earlier this week, there was a discussion on the regulatory exams on Radio Sonder Grense where a broker André, from Cape Town, said that, as far as he knows, the pass rate is […]

Back to the Future

Bobby Londt reports: Proteas re-writing history The 1st test win was described as one of the most significant wins for the Proteas since re-admission. Reasons may be down to the way it was […]

Just a wee bit…

Big Jimmy, an extraordinarily handsome man decided he had the responsibility to marry the perfect woman so they could produce beautiful children beyond compare. With that as his mission he began searching for […]

Continuous Professional Development

In May we published a series of articles on what can be regarded as phase 3 of the Regulatory Examinations: Continuous Professional Development (CPD). It now appears as if a number of training […]

It’s Amla. Who Els?

Bobby Londt reports: After the 1st day of the 1st test few of us would have been so brave as to predict the current situation in the test at the Oval. In my […]

O Lord, please don’t let me be misunderstood

Joe had asked Bob to help him out with the deck after work, so Bob went straight over to Joe’s place. When they got to the door, Joe went straight to his wife, […]