Allan Gray’s view on Budget 2019
– Focus shifts to restoring credibility Today’s media is filled with an array of comments and analysis of the Budget Speech of yesterday. According to Carla Rossouw, tax manager at Allan Gray, the […]
Industry News
Non-disclosure of material terms – Costly omission by FSP
“The customer is always right” – a slogan that encourages especially service staff to give a high priority to customer satisfaction. In today’s testing economic times, and yesterday’s budget speech is testimony to […]
Annual CIS stats – Industry shoulders tough markets and attracts net inflow of R93.5 bn
The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with assets under management of R2.24 trillion. The annual CIS industry statistics for 2018 was released by […]
Annual CIS stats – Industry shoulders tough markets and attracts net inflow of R93.5 bn
The local Collective Investment Schemes (CIS) industry attracted net inflows of R93.5 billion in 2018, ending the year with assets under management of R2.24 trillion. The annual CIS industry statistics for 2018 was released by […]
LT Ombud rules on fairness – Decision similar to controversial Momentum case
Funeral claim declined as life covered not recognised as family member A recent Long Term Insurance Ombudsman determination involved equity, fairness as well the spirit of Ubuntu. Background The complainant had taken out […]
FSCA – New appointments announced
The FSCA recently announced the following executive appointments with effect from 1 February 2019: Ms Felicity Mabaso has been appointed as the Divisional Executive for licensing and the business centre. Mr Brandon Topham joins the […]
Financial soundness deadline looming – FSPs with juristic reps, please take note
According to Board Notice 194 of 2017, the Fit and Proper BN, FSPs and juristic representatives have to be financially sound in order to be able to deliver a quality service to clients. […]
Investments 2019 – What will influence markets in the year ahead?
Last year was a challenging year for investors, with US equity and government bond markets both returning less than cash. While there is no guarantee of better performance in 2019, identifying the underlying […]
Festive Season Road crash stats – Human factors biggest cause
According to preliminary figures, road accidents recorded in the recent festive season total 1 286, regrettably and unfortunately resulting in 1 612 fatalities nationwide. These statistics were recently announced by the Minister of Transport, Dr […]
Exemptions from making deadlines – The why, what and how
The FAIS Act and other legislation prescribe a number of requirements that individuals who provide financial advice must adhere to. Throughout your career you are reminded of these deadlines. The successful completion of […]
Exemptions from making deadlines – The why, what and how
The FAIS Act and other legislation prescribe a number of requirements that individuals who provide financial advice must adhere to. Throughout your career you are reminded of these deadlines. The successful completion of […]
Medical Schemes
– Adjustment of broker fees The Council for Medical Schemes published Circular 4 of 2019 containing the details of the increase in broker fees. Regulation 28(2) published in terms of the Medical Schemes […]
Raging Bull Awards
– And the winners are… The fund performance “Oscars” in the unit trust industry have just been announced. The winners are determined on the basis of risk-adjusted performance, which take into account the […]
Raging Bull Awards
– And the winners are… The fund performance “Oscars” in the unit trust industry have just been announced. The winners are determined on the basis of risk-adjusted performance, which take into account the […]
Section 12J tax incentive
– 12 of the most common questions investors ask “Many South Africans are currently considering whether to reduce their February tax liability by taking advantage of the Section 12J tax deduction. For every R100 […]
Section 12J tax incentive
– 12 of the most common questions investors ask “Many South Africans are currently considering whether to reduce their February tax liability by taking advantage of the Section 12J tax deduction. For every R100 […]
Insuring a student’s valuables
– Tips for your clients This week many universities and colleges re-opened and many students headed back to campus. Marius Neethling, Underwriting Manager for Santam’s Personal Lines recently shared some expert advice on […]
