Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
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The determination of Fit and Proper requirements, published in 2008, referred to four competency requirements: Experience Qualifications Regulatory Exams (Level 1 FAIS Legislation and Level 2 Product knowledge) Continuous Professional Development (CPD) The first two, […]
It is evident that the focus on continuous professional development is increasing. As noted in the article above, the FSB envisages publishing proposed new CPD requirements by the end of the year. The […]
The information below is taken directly from FAIS Information Circular 8/2013. Level 1 REs “The FSB decided to commence with a review of the Level 1 examinations. The review will mainly focus on […]
In the introduction to this proposed amendment, the Regulator states: The FSB, through the General Financial Services Laws Amendment Bill, 2012, proposed the insertion of a definition for “continuous professional development” in the […]
Many of our readers can attest to being duped by inferior training services providers when the scurry was on to obtain 30 or 60 credits before the end of 2009. This was one […]
An overview of the FSB’s proposals on continuous professional development, or CPD. The draft is available on the FSB website, as well as on the Moonstone website. We look at why this ongoing […]
In answer to Shakespeare’s question “What’s in a name?” I have to say: “A heck of a lot” when talking about the regulatory exams. I sometimes wonder whether re-naming the different regulatory exams […]
