Super Fifteen Super Games
An unbiased rugby lover can look forward to a couple of great contests this weekend. Top of the Pops The main match this weekend must be the tussle between the two sides heading […]
Author: Paul Kruger
RE Preparation Material
LexisNexis announced the availability of the third edition of its Legislation Handbook and Preparation Guide for the level 1 FAIS regulatory examination – RE1 and RE5. This book reflects the law as at […]
Insurer Fees to be Outlawed
The FSB published a letter inviting comment from the industry on a practice that it intends declaring an undesirable or irregular practice. Some insurers charge policyholders a fee in addition to the premium […]
Rugby Snippets from around the globe
Trying too hard? The New Zealand Herald updates statistics on a weekly basis. The ones on tries scored makes for interesting reading. The Hurricanes top the list with 34 tries, followed by the […]
Insurance Laws Amendment Bill 2013 Postponed
The information below is taken from a media release issued on the National Treasury website. National Treasury announced on Tuesday that the Insurance Laws Amendment Bill, 2013, which was tabled in Parliament on […]
Review of Intermediary Services Definition on the Cards
The postponement of the Insurance Laws Amendment Bill, 2013 also impacted on a proposed change by the FSB to the FAIS Act. The objective of the proposed changes was to close regulatory gaps […]
Behind the Survey
We recently came across a media release of a survey titled SA advisers unprepared for regulatory change. We approached them for clarity on certain issues, and provide our questions, with their responses, below: […]
Stirring the Pot
If you like listening to music while reading this column, click on this link to enjoy Billie Holiday singing “They can’t take that away from me”. Way back in 1996, the Crusaders became […]
How Productive are you?
The results of two surveys in the financial services industry were recently published by CoreData, a firm who conducts research in banking, mortgages, retail saving, pensions, asset management and the financial advisory sector. […]
Power of Attorney and Mental Incapacity
What happens to a power of attorney when the principal’s mental capacity starts to diminish and he/she loses the capacity to act? This is not only important for your clients – many of […]
The Bigger Picture
The book, Slaughterhouse-5 by the renowned author Kurt Vonnegut, may as well have had the Super 15, rather than World War II, as background. Do yourself a favour and look at the official […]
Crime and Punishment
This article, by Paul Resnik, was published in the April edition of the FinaMetrica newsletter. UK regulator fine for unsuitable advice It seems to be inevitable that the past behaviour of banks raises […]
Draft Regulations on Hedge Funds
The National Treasury (“Treasury”) and Financial Services Board issued the following media release last week: In 2012, South Africa, as a committed member of the G20, embarked on a process to enhance and […]
What the Stats Reveal
If the current Super 15 log reflected target shooting, the SA sides would be stone last as far as grouping is concerned. The Sharks and Lions still have to tour, and with a […]
Client Care – how are we really doing?
Two conflicting headlines in recent industry newsletters raise the question whether clients are treated fairly by the industry. “Complaints to (Long-term) ombudsman reach record number.” “South African consumers are very satisfied with the […]
Ditch South African Teams says Mehrtens
When I read his article the first time, I got a little hot under the collar. Some of the following statements accounted for my agitation: I can’t help thinking we might have lost […]
Fraud knows no Boundaries
Consumers at the lower end of the market are often more vulnerable when it comes to being defrauded. The latest Ombud determination provides details of how the Reformed Christians for Truth Church became […]
