Gifted Mamma
Four brothers left home for college, and they became successful doctors and lawyers. One evening, they chatted after having dinner together. They discussed the 95th Birthday gifts they were able to give their […]
DBE to publish matric results amid R5 million fine for privacy breach
The Department of Basic Education is at risk of a R5 million fine for violating privacy laws, with ongoing debates over student consent and personal information protection.
The FAIS Ombud and Jaws
The worldwide outcry when a surfer in Australia or South Africa is attacked by a shark, never ceases to amaze and amuse me – the outcry, please note, not the attack. Whether this […]
Monkey business
A guy walks into a bar with his pet monkey. He orders a drink, and while he’s drinking, the monkey jumps all around the place. The monkey grabs some olives off the bar […]
How many actuaries a product doth make?
Last week, Gareth Stokes of FAnews ran an interesting article on product development. The article, entitled Distribution* is make or break for life insurers, addressed the issue of product development. A few quotes […]
Afrikaanse Eksamens
Die eerste uitslae is verlede week bekend gemaak, maar slegs die Raad op Finansiële Dienste (RFD) mag statistieke hieroor bekend maak. Ons wil egter graag ‘n dringende beroep doen op diegene wat die […]
Ethical dilemma…
What if you were playing in the club championship tournament finals and the match was halved at the end of 17 holes? On the eighteenth hole, you have the honour and hit your […]
What’s in a name?
The FSB recently distributed a document entitled “Call for contributions: intermediary services and related remuneration in the insurance sector”. Moonstone’s request for permission to provide input was granted, and we aim to provide […]
Registration Deadline
The national inclination to defer matters of a less pleasant nature to the very last minute is not unique to our industry, but also not foreign to it. I recall how, in 2004, […]
Braaivleis en Maalvleis op die Spyskaart
Super 15 Roundup Injuries and lack of form have led to some interesting selections for this weekend’s Super 15 matches. Sharks versus Hurricanes With three Springboks out through injury, and Bismarck out of […]
Smaller does not mean safer
Small businesses are just as susceptible to on-line piracy, phishing scams and identity theft as are the larger firms. Smaller businesses do not always believe that their key information such as bank data, […]
Curiosity kills the passion
A surgeon went to check on his blonde patient after an operation. She was awake, so he examined her. “You’ll be fine,” he said. She asked, “How long will it be before I […]
Dividends Tax on Unit Trust Returns
The impending replacement of Secondary Tax on Companies (STC) by Dividends Tax (DT), effective from the 1st of April this year, will have a multi-faceted and far reaching impact on the Collective Investment […]
Concerns Vanish after ten minutes!
A very shrewd reader from chameleon country (where blue changes to pink overnight) recently expressed his appreciation for the unbiased writing in this column. He was of course brainwashing me, perhaps before the […]
It is not a man’s world
Housework was a woman’s job, but one evening, Janice arrived home from work to find the children bathed, one load of laundry in the washer and another in the dryer. Dinner was on […]
The human element to selling a business
When selling a business as a going concern, Section 197 of the Labour Relations Act (LRA) applies and regulates the transfer of employment contracts where the whole or part of a business is […]
As-And-When Commission as the cure for miss-selling
The FSB invited input from 5 representative bodies on a proposed discussion document on “intermediary services and related remuneration.” In today’s article, we focus on one aspect: the considerations concerning risk business, including […]
