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There will be in a delay in the implementation of preservation reforms, including the increase in the contribution cap to 27.5% announced earlier, as well as the simplification of contributions between the different retirement funds and between employer and employees. On 16 October, the National Treasury published the revised draft Taxation…
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Permanent Centres: 15 December 2014 (registration closes 28 November) Satellite Venues: 04 December 2014 (registration closes 17 November) Moonstone reopens on 5 January 2015, and the first exams will be available as follows: Permanent Centres: 12 January 2015 Satellite Venues: 26 January 2015 Preparation Material Fully updated resources…
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The minister of finance, Alexander Chikwanda, delivered the 2015 budget address, entitled “Celebrating our Golden Jubilee as One Zambia One Nation by making economic independence a reality for all” to the national assembly on October 10. According to the socio-economic policy objectives for the 2015 fiscal year (FY), Zambia targets real…
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Diligent financial advisors conduct regular reviews of their clients’ portfolios to ensure that their aims and goals are on track. This is not only a regulatory requirement, but essential for new business purposes as well. Sometimes, these reviews will keep advisors so busy that they neglect to review their own businesses to ensure that everything…
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Two important FSB documents which saw the light this week see a firm shifting of Treating Customers Fairly (TCF) from a theoretical basis to a practical one. The publication of the TCF Complaints Management Discussion Document coincided with a report from the Regulator on the key findings of a “Complaints Management Thematic Review”, conducted…
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As mens in ag neem hoe die Lions en WP verlede week gespeel het, behoort Saterdag se eindstryd een van die aanskoulikstes in jare te wees. Die spanne was nog nie bekend ten tye van die skrywe hiervan nie, maar ek verwag nie enige verrassings nie. Baie kommentators sien die besoekers, met reg, as die gunstelinge Saterdag. Die Lions het die minste ontwrigting…
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FIC Awareness Roadshow – Johannesburg

Johannesburg – Birchwood Hotel The Financial Intelligence Centre (FIC) will be hosting Awareness Road Shows for accountable and reporting institutions during the months of November and December 2014. Topics that will be covered at our road shows will include: Amendments to the FIC Act Impact of the FIC Amendment Bill on your institution…
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FIC Calendar Updates

The Financial Intelligence Centre (FIC) will be hosting Awareness Road Shows for accountable and reporting institutions during the months of November and December 2014. Topics that will be covered at our road shows will include:  Amendments to the FIC Act Impact of the FIC Amendment Bill on your institution  Enhancements to the FIC?s systems…
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DOFA and New Product Lines

The answer to a question received from a subscriber may be of interest to many others: “If a rep has only worked on life products and has a Date of First Appointment of 2011, and now wants to work in the short-term space, does his fit and proper requirements reset to the new appointment date for short term?” The short answer is yes, but for the short-term…
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