Crime stats and insurance fraud
“Crime likely to affect forthcoming tourist season” “SA is at war with itself” “Crime stats show that situation is ‘quite bad’” These are just some of the media headlines after the release of […]
Industry News
Retirement readiness review – Two out of every three South Africans have no retirement plan
Earlier this year the Old Mutual Savings and Investment Monitor painted a grim picture of South Africans’ money matters. The just-released 10X Investments report on retirement readiness in South Africa adds to this […]
Investment risk outlook – Factors contributing to a dim forecast
Political and economic uncertainties are wreaking havoc with the rand. In a recent media release, Tom Elliott, International Investment Strategist at deVere Group, explains what this will mean for investments for the rest […]
Delivery of financial advice – What will drive change?
“The way in which financial advice is delivered has to change. The industry is facing challenges from regulation and technology that will make old models of advice obsolete in the very near future”, […]
Drafting a will – Questions to consider
National Wills Week 2019, takes place from today (the 16th) until 20 September. In a recent article, Eric Jordaan from Crue Invest (Pty) Ltd shared some sound advice for both you and your […]
New National Credit Amendment Act – Study highlights negative impacts
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 […]
Have your say on the NHI bill
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 […]
South Africa’s leading brands – How do financial services providers fare?
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 […]
Understand Financial Crises and gain 8.5 CPD hours
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 […]
CMS offers Advanced Trustee Training in partnership with GIBS
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, […]
FSCA News: Website down as a result of maintenance
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 […]
Continuous Professional Development – More than a three letter acronym
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. […]
Important debt review ruling – Can court release consumer from debt review agreement?
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 […]
Spring is here – Assist your clients to spring clean their finances
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 […]
New National Qualifications Framework Amendment Act – Don’t lie on your CV
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 […]
Tribunal again rules against FAIS Ombud
Last Monday we published an article on the outcome of a FSCA Tribunal hearing with the following introduction: “The findings of a hearing by the FSCA Tribunal in the Van Zyl case heard […]
Annual death claim benefit statistics – Beneficiaries receive more than R15.1 billion
The 2018 annual death claim benefit statistics for fully underwritten individual life policies released last week by the Association for Savings and Investment South Africa (ASISA) show that life insurers paid 33 545 claims, […]
