The release of Solidarity’s annual Bank Charges Report usually generates a fair bit of interest, probably because consumers want to see whether Capitec will live up to its reputation as the country’s cheapest […]
Moonstone Business School of Excellence (MBSE) provides top-quality education at affordable prices, and we’re so confident that our fees are competitive that we’re offering to match any quoted price and give you R250 […]
The charging of fees in the Short-term space, and particularly the so-called “administration fee”, has always been a bone of contention in the industry. Many elected to simply follow the ostrich approach and […]
All National Credit Regulator (“NCR”) registrants, including credit providers, credit bureaux, debt counsellors, payment distribution agents and alternative distribution agents are obliged to pay their annual registration renewal fees by 31 July 2017. The payment […]
In a recent communication from the Council of Medical Schemes: Amendments to Regulation 31 and 32 published in terms of the Medical Schemes Act 1998 (Act No. 131 of 1998) ), the following […]
The Council for Medical Schemes published Circular 57 of 2016 containing details of a number of fees increases, some of which are: Application for registration of a medical scheme: R8 750.00 (Current Fee: R5 000.00) […]
The Minister of Health has determined that the current capped maximum fee of R69 plus VAT will increase to R71,07 plus VAT with effect from 1 February 2014. This increase of 3% should […]
Plans to review the way in which products are distributed, and specifically the way in which advisors are remunerated, took centre stage in the media recently. RDR is not only about replacing commission […]
The Review of Retail Distribution has certainly taken an interesting turn from where we thought the Regulator was heading with this very important issue a year ago. The term, “Fees for Service”, implied […]
Around the financial advisory world, firms are moving from product-based commission to a servicing revenue model. This underlying shift has become widely known as “fee-for-service”, hereafter referred to as FFS. In certain jurisdictions, […]
