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.

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From Four-wheel drive to Normal?

No, we are not shifting focus to motor rallying this week. Having ground down the England side in four-wheel drive, we now move into normal drive to pick up some speed as we […]

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The end of the innocence

When the Eagles recently visited our shores, I was one of the first to book my seat for a trip down memory lane with songs I still know off by heart. The title […]

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Cell phone etiquette

After a very busy day, a commuter settled down in her seat and closed her eyes as the Gautrain departed from Sandton to O.R. Tambo. As the train rolled out of the station, […]

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Thank You

On Monday I was quite touched by my first call of the morning. A candidate in KZN, Bea, asked me for advice on medical problems that she has. It affects both her vision […]

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Clarifying a statement…

A comment we made on Monday in the Moonstone Investment Indicators Newsletter (18 June) could be misconstrued. A reader submitted the following query: Reading your article we note that you make the comment […]

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That sinking feeling

On Saturday, watching both the All Blacks and the Wallabies scrape home in the dying seconds, I was reminded of Jack Nicholson’s comment when he received an Oscar for his performance in “As […]

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Soweto

The England rugby squad took time out to visit an orphanage in Soweto. “It was heartbreaking to see their sad little faces with no hope,’ said Sipho, aged six. Unloved and Unwanted I […]

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Where does FAIS find itself?

Amongst others, the objective of the FAIS Act and subordinate legislation may undoubtedly be summarised as the professionalisation of the financial services industry as well as the protection of financial services consumers. As […]

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FSB letters cause some anxiety

The FSB sent letters to individuals regarding their RE status. Concerned readers contacted us to clarify their positions when they were told that they had not yet registered. Please bear in mind that […]

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Final figures will reveal the facts

With the final date for registration behind us, the industry may soon have a clearer picture of the potential fall-out as a result of people not having written the regulatory exams. Figures released […]

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Hearing aid

In a Tottenham church Sunday morning a preacher said: “Anyone with ‘special needs’ who wants to be prayed over, please come forward to the front by the altar.” With that, Leroy got in […]

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What happens after 30 June 2012?

The industry appears to be anxiously waiting for an answer to this question from the FSB. There are certainly guidelines about what can happen, but will the circumstances call for a new approach? […]

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Exemption from 30 June Deadline

FAIS Information Circular 9 of 2012 was published on 11 June to provide greater clarification on Board Notice 102 of 2012. The latter document contains details of certain categories of candidates who are […]

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The Road to Hell…

Heyneke Meyer kept his word by sticking to last week’s team as much as possible. The inclusion of two Bulls will no doubt lead to a moan or two down south, but both […]

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