New Appointments at FSB

The Minister of Finance approved the following appointments, as recommended by the FSB: Ms Caroline da Silva as Deputy Executive Officer for Financial Advisory and Intermediaries Services, replacing Mr Gerry Anderson, Deputy Executive […]

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2013 – 2014 Tax Season Opens

When I lived on the West Coast, the first day of the crayfish season was a joyous occasion. Somehow, I do not share the same elation when I read about the opening of […]

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Reversal of Fortunes

The reality of test rugby was very evident on Saturday when Australia sneaked from behind to level the series against the B & I Lions. How ironic that a missed kick, at the […]

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RE Results and Certificates

We receive numerous requests on a daily basis for copies of results, or RE1 and RE 5 certificates from candidates who mislaid theirs. You can download this from our website in your own […]

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Compliance Considerations

Today, farming is possibly the only industry with a sharper rise in input costs than that of the independent financial advisor. For quite a while now, this important sector of the financial services […]

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Proposed Ban on Sale of Used Car Parts

Yet another example of fools rushing in where angels fear to tread was reported in an article in the Weekend Argus. Legalbrief reports as follows: An amendment to the National Road Traffic Management […]

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Retirement Reform Update

The Minister of Finance met the CEOs of service providers in the retirement fund industry on Thursday, 20 June 2013 to discuss the 2012 and 2013 Budget Retirement Reform proposals. The primary objective […]

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Wimbledon Wipe-out

First Nadal went, then Sharapova, now Federer. The people running the show must be very grateful that their tickets for next week are already sold. The two gentlemen, Rafa in particular, are the […]

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Court in the Act

These are from a book called Disorder in the American Courts and are things people actually said in court, word for word, taken down and published by court reporters that had the torment […]

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In Search of the Lost Key

Several days ago, as I left a meeting at a hotel, I desperately gave myself a personal “total body search” pat down. I was looking for my keys. They were not in my […]

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Fee for Commission Survey

A recent survey by CoreData research tested the current state of readiness and awareness of advisors concerning the proposed replacement of commission with a fee structure. The data in this study was gathered […]

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PI Cover Increase

We recently reported on an experience of a FSP who found that his PI cover premium had nearly doubled at renewal. We speculated that this may be the result of an expected rise […]

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Correction to Moonstone Article on Licensing

We were approached by the Registrar regarding some of the information contained in an article titled “FSB Licensing – Part I”. The FSB pointed out certain statements in the article which are incorrect, […]

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What a Weekend

This weekend was a particularly frustrating one for the females in my family who were obliged to watch PVR recordings of shows that clashed with my sporting obligations on the box. Thank you […]

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Where does it come from?

In George Washington’s days, there were no cameras. One’s image was either sculpted or painted. Some paintings of George Washington showed him standing behind a desk with one arm behind his back while […]

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Postponement of the level 2 RE's

The Financial Services Board (FSB) announced its decision last week to postpone the level 2 regulatory examinations (REs) until a date yet to be determined. The reasons, provided in Circular 6 of 2013, […]

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Tax Practioner Registration Deadline Looms

All tax practitioners are required to register with SARS. Those not registered yet, have until 1 July 2013 to register. If you are already registered, you are not required to re-register with SARS […]

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