Earlier this week, parliament’s Portfolio Committee on Trade and Industry was briefed on the new National Credit Amendment Act. As part of the briefing, parliament received a socio-economic impact assessment study (SEIAS) on how the act will impact banks, government and consumers. The socio-economic impact assessment was conducted by Genesis Analytics. Fin24 reported that the […]
The Portfolio Committee on Health has called on interested individuals and relevant stakeholders to submit written comments as well as indicate interest in making an oral submission on the National Health Insurance Bill [B11 – 2019]. “The objective of the Bill is to achieve universal access to quality health care services in South Africa in […]
WPP and Kantar have published a ranking of the 30 most valuable South African brands. The BrandZ study, which is the only brand valuation ranking to combine company financial data with consumer insight and opinion, reinforces the importance of strong brands. While not immune to difficult circumstances, strong brands are protected from the worst macroeconomic […]
The ultimate objective of the financial advisor is to help clients prepare for the future using the various financial products available. If the financial advisor can minimise the number of traumatic experiences that inevitably occur in the course of the client’s investment journey, it can lead to a stronger client relationship. This task may sometimes […]
The Council for Medical Schemes (CMS), in partnership with the Gordon Institute of Business Science (GIBS), has introduced Advanced Trustee training. The training is aimed at medical schemes’ Board of Trustees, principal officers, fund managers and any other scheme personnel who would like to increase their knowledge on the business of medical schemes. According to […]
There will be planned maintenance of ICT systems, starting on Friday 13 September 2019 at 17:00, until Sunday 15 September 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible during this time.
Section 14(1) of the FAIS Act makes it compulsory to debar a person if he or she fails to comply with the requirements of Board Notice 194 of 2017 which became effective on 1 April 2018. In terms of these Fit & Proper requirements, Continuous Professional Development (CPD) for regulatory (FSCA) purposes was officially implemented as such a […]
LegalBrief reported yesterday that the Gauteng High Court (Johannesburg), in a judgment written by Judge Roland Sutherland, has confirmed similar rulings in the Western Cape, KZN and Limpopo divisions, that the High Court does not have jurisdiction to release consumers from debt review. According to a Business Day report the judgment stems from an application […]
Spring has finally arrived and with the turn of the season comes the opportunity to start afresh. While everyone may be spring cleaning their home, office or email inbox, one of the most important aspects of everyone’s life also needs a review – your finances. In a recent press release Lettie Mzwinila, business development manager […]
Claiming to hold a tertiary qualification that you do not have could come with a jail term of five years in South Africa. The new National Qualifications Framework Amendment Act came into effect recently and aims to prevent South African individuals from misrepresenting their qualifications. Even misrepresenting your qualifications on social media could get you […]
