Crime and Punishment
A recent decision by the Enforcement Committee (EC) again raised questions about penalties meted out to transgressors. Pieter and Samantha de Wet, trading illegally as Petite Models CC, were each fined R75 000 for […]
Technologically Speaking
Moonstone Partners with SuiteBox to open South African office
SuiteBox, the mobile office solution for professionals, launched in South Africa in partnership with Moonstone Information Refinery to provide sales, marketing and frontline services. In addition, Moonstone acquired a 10% equity shareholding in […]
Liquidation of SaXum Insurance
The Registrar of Short-term Insurance’s application to place SaXum Insurance Limited under final liquidation, was granted. The Court ordered that SaXum be placed under liquidation for final winding-up in the hands of the […]
Avoiding Unintended Consequences
While we await the publication of the proposed new Fit and Proper requirements, it is time to assess our own approach to change. Die Burger’s editorial comment, on 19 October 2016, raised the issue of […]
Adviser liability for Investment Returns
A number of advisers have expressed concern that they may be held liable for unsatisfactory investment returns. This is understandable, given the wide interpretation that can be attached to the “due care and […]
What to look for in structured products
In today’s uncertain climate, financial advisers have to consider risk very carefully. How much risk is appropriate for different clients, and how it is managed are critical questions when putting together investment plans. […]
Contradictory views on Material Terms?
The latest Newsletter from the Short-term Ombud contains details of a rejected claim as a result of the fact that, at underwriting stage, the client did not inform the insurer of previous losses. […]
Business Continuity and Succession Planning – Part I
We recently published a brief summary of an article on the buying and selling of financial services practices that appeared on an Australian website. The owner of Centurion Market Makers discussed the two […]
FPI Approved Qualification from MBSE
The Financial Planning Institute provides its members with a list of approved training providers. Moonstone Business School of Excellence (MBSE) is an FPI Approved Education provider who complies with the FPI’s requirements in […]
Enquiries About Skills Credits
Q: I started working in the Insurance industry in 2008, completed 63 credits Personal and Commercial and passed my RE1 in 2013. After this, I left the insurance industry. I desperately want to […]
Bidvest Insurance Group Acquires FMI
Durban-based income protection specialist, FMI, today announced that it has been acquired by the Bidvest Insurance Group (BIG). FMI will become a division of Bidvest Life and, with the vision of being the […]
National Credit Act Card Online
Moonstone Business School of Excellence offers the National Credit Act (NCA) Course for: Intermediaries in the Motor industry who are Finance and Insurance brokers (F&I). Industry providers of personal loans, HP agreements, credit […]
PWC Economic Crime Survey 2016
We may have lost our top world rankings in a number of sports, but this survey shows that we are more than holding our own when it comes to economic crime. The study, […]
2016 Nelson Mandela Annual Lecture
This is an extract from the lecture by Bill Gates at Pretoria University. If there is one thing I’m sure of, it is this: Africa can achieve the future it aspires to.That future […]
FICA Awareness Training
Moonstone Business School of Excellence developed an on-line workshop to assist learners to acquire the necessary learning with the least interruption to the business. Obviously, we are unable to build training on your […]
Is Loan securitisation legally binding?
My colleague Paull Lawrence recently sent me an interesting article on the subject: Property owners are often taken aback when, after defaulting on the loan repayment, they receive a summons from an entity […]
Honesty and Integrity
A recent finding by the Board of Appeal in the Teixeira case clarified certain matters around the very broad definition of this important fit and proper consideration. Briefly: the adviser was debarred by […]
