Carelessness can be Costly
The latest determination by the FAIS Ombud provides clear evidence that the moving of an insurance book is not merely a routine admin matter which can be left in the hands of others. […]
Author: Paul Kruger
More on Healthcare Products Debate
Two recent articles in Business Day highlight the need for circumspection before implementing the demarcation proposals. The Board of Healthcare Funders (BHF) pointed out that the affordability of medical schemes is seriously hampered […]
Proteas Bloom
The single biggest reason why I enjoy a South African victory over an Australian side, more than one over the English, is that the Aussies are usually much more competitive. I was fortunate […]
Are Agencies Over-Rated?
Barbara Kiviat*, a former Time staff writer, noted in an article last year on the global financial crisis that the jury is still out on what exactly happened, and who is to blame, […]
The “Bettle” of the Breakdown
This call by Breytie before the match turned out to be accurate, but the match was won out wide by a rampant All Black side against a shell-shocked Australia. The pace was frenetic […]
Registrar authorises portfolios to ‘side pocket’ ABIL debt
The Registrar of Collective Investment Schemes (CIS) will allow CIS managers to create new funds, known as “side pockets”, to host African Bank Investment Limited (ABIL)’s debt instruments. The move seeks to assist […]
Key Individual Qualification Requirement
From enquiries we receive it appears that there is much confusion about qualification requirements for the appointment of key individuals. Much of this stems from the so-called transitional period before 2010 when allowances […]
National Credit Act Training
A recent article posted on Bizcommunity provided a summary of the amendments to the National Credit Act which was published on 19 May 2014. The amendments aim to provide added protection for consumers, […]
Weather with You
One can hardly be blamed for looking at the weather forecast, rather than the team selections, for the second round of the Rugby Championship. This line from a Crowded House song keeps ringing […]
New Battle Lines Drawn in Demarcation Debate
The invitation to respond to the proposed demarcation regulations on healthcare products elicited 461 responses, according to Business Day. The proposals may be unconstitutional, and is likely to be challenged in court. If […]
FedGroup Views on Guarantees
By John Field, CEO FedGroup The recent crisis enveloping African Bank brings to mind the 2002 banking crisis that crippled Saambou – similarly hobbled by risky micro-lending practices. Despite African Bank performing well […]
Weird Kick-off to Championship Series
The Moonstone/Getwine Rugby Championship Challenge Thanks to the unexpected draw in Sydney on Saturday, there were only two winners. André Marais and Deon du Toit will be given the choice of sharing the […]
Stick to the Facts
When certainty is lacking, people often make assumptions. As we all know, to assume often leads to making an Ass of U and ME. Speculation about what the new regulatory environment will look […]
The Moonstone/Getwine Rugby Championship Pool
This Superbru pool is open to all our subscribers. Our sponsor, Getwine.co.za, will deliver a mixed hamper of six wines to the weekly winners, and the overall winner will receive a further six […]
FICA and your FSB Licence
I recently spoke to a broker in the North-West Province who only conducts short-term business, but is also licenced for several other categories. This is quite common – many of those who applied […]
Real Restitution
In the space of the last eight weeks we saw seven determinations against one FSP, and it is likely that there is more to come. The total in fines meted out by the […]
The Moonstone Getwine Rugby Championship Challenge
The Moonstone/Getwine Rugby Championship Challenge Our Superbru pool already boasts 68 members, so if you are keen to join, please do so today, as we will limit the group to 100. The competition […]
