Cash replaces loo paper as hoarding continues
In a thought provoking article titled “First it was loo roll, now it’s cash”, Ben Kumar, a senior investment strategist at 7IM, discusses cash hoarding by clients as a result of not being […]
Industry News
E-filing season – Timelines for consideration
For clarity around the submission of tax returns, SARS re-emphasised the various submission dates last week: 1 August – 31 August 2020 Filing of returns commence through any of the SARS eChannels, namely […]
Moonstone Regulatory Update Workshop 2020 – Save the date
Moonstone Compliance is excited to announce that registration for the popular annual regulatory update workshop will open soon. This year the annual event will go virtual and the webinar will be hosted on […]
Factors impacting on Administrative Penalties imposed by FSCA
We have in the past raised concerns about how the quantum of such fines were determined. A recent ruling by the Financial Services Tribunal provides legal clarity on the matter. Section 167(1) of […]
Low Cost Benefit Options and Demarcation – CMS provides further extension
Earlier this year the Council for Medical Schemes (CMS) responded to various protests from the healthcare industry, as well as appeals by insurers, by announcing the appointment of two advisory committees to engage […]
Low Cost Benefit Options and Demarcation – CMS provides further extension
Earlier this year the Council for Medical Schemes (CMS) responded to various protests from the healthcare industry, as well as appeals by insurers, by announcing the appointment of two advisory committees to engage […]
Levies on financial institutions – Calculate your obligation
Yesterday, the FSCA published the 2020 levy notice. With compliments of our colleague Paull Lawrence, here are two levy calculators to establish what your obligation will be: FSP levy calculator Sole Prop levies […]
Levies on financial institutions – Calculate your obligation
Yesterday, the FSCA published the 2020 levy notice. With compliments of our colleague Paull Lawrence, here are two levy calculators to establish what your obligation will be: FSP levy calculator Sole Prop levies […]
CPD deadline looming – Consider Moonstone’s 10 day lifejacket
Due to the cancellation of many CPD activities since March, FSPs, key individuals and representatives were granted an additional 3 months to meet the CPD requirements for the annual CPD cycle. The end of […]
Replacement products – Records of Advice should not be prepopulated
A recent FSCA Communication again stressed that “a provider must always act in accordance with section 2 of the General Code which requires that the provider must at all times render financial services honestly, […]
Not fake news – Local CIS industry records historic net inflows in 2nd quarter
Undeterred by the Covid-19 induced market volatility, investors committed R88 billion in net inflows to local Collective Investment Scheme (CIS) portfolios during the second quarter of this year. According to the Association for […]
CPD requirements deadline in 10 days – Moonstone offers provisional bail-out
Due to the cancellation of many CPD activities since March, FSPs, key individuals and representatives were granted an additional 3 months to meet the CPD requirements for the annual CPD cycle. The end […]
Helping women become financially independent – Personal finance tips for clients in their 20s
August is Women’s Month in South Africa, a time to both celebrate women and to confront the many issues that women face. One of these is financial freedom. To help other young women […]
Helping women become financially independent – Personal finance tips for clients in their 20s
August is Women’s Month in South Africa, a time to both celebrate women and to confront the many issues that women face. One of these is financial freedom. To help other young women […]
The lowdown on pension-backed home loans – Guidance on access for your clients
Amid house prizes going down and interest rates at a real low, many individuals might consider buying their first home, or scaling up or down. This relates to finding a property, making an […]
The lowdown on pension-backed home loans – Guidance on access for your clients
Amid house prizes going down and interest rates at a real low, many individuals might consider buying their first home, or scaling up or down. This relates to finding a property, making an […]
COVID-19 business requirements – Don’t let level 2 lull you into a false sense of security
Various media reports in the last few days highlighted that a growing number of businesses are not taking the necessary steps to minimise COVID-19 risk and exposure in their workplaces and as a […]
