Causal event expenses and charges explained
We operate in an era where honest and clear disclosure is a prerequisite for providing advice that enables a client to make an informed decision. Coupled to this is the need to explain […]
Advisers ‘could charge more’ for the value they deliver
International comparisons suggest there’s scope for local advisers to lift fees above 0.5% of AUM, says Mark Polson of UK consultancy The Lang Cat.
Consumers ‘will feel the impact’ of higher Sasria premiums
Consumers are justifiably concerned about the impact of Eskom’s demand for a 20% tariff increase, but there’s another factor that could contribute to rising inflation this year: significantly higher Sasria rates on commercial […]
Upside risks may scupper SARB’s ‘slow and steady’ approach to rate increases
As expected, the SA Reserve Bank’s Monetary Policy Committee (MPC) on Thursday raised the repo rate by 25 basis points to 4%. However, what surprised some market analysts is that the SARB’s quarterly […]
Online banks unbeatable in Solidarity’s 2022 transaction fees survey
The release of Solidarity’s annual Bank Charges Report usually generates a fair bit of interest, probably because consumers want to see whether Capitec will live up to its reputation as the country’s cheapest […]
Did ‘misleading and false claims’ about Covid vaccines sink employee’s chances at the CCMA?
The CCMA’s decision that the dismissal of an employee who refused to be vaccinated against Covid-19 was substantially fair has generated a considerable amount of interest (see our report). Constitutional law expert Professor […]
Constitutional Court refuses to hear Bobroffs’ appeal
The Constitutional Court has refused to hear an appeal by former personal injury lawyers Ronald and Darren Bobroff against a Supreme Court of Appeal (SCA) judgment that ordered them to hand over more […]
Three ways to tell you’re getting dodgy advice about tax residency
Access to information has become the saving grace for expatriates. However, with the advent of social media platforms came an accompanying surge of opportunistic advisers who unknowingly, and sometimes knowingly, mislead vulnerable expatriates […]
MBSE will match any quoted fee and give you a R250 cashback
Moonstone Business School of Excellence (MBSE) provides top-quality education at affordable prices, and we’re so confident that our fees are competitive that we’re offering to match any quoted price and give you R250 […]
Dismissal for refusing to be vaccinated is fair, says CCMA
The Commission for Conciliation, Mediation and Arbitration (CCMA) decided this month that the dismissal of an employee who refused to be vaccinated was substantively fair. Daniel van der Merwe, the Eastern Cape manager […]
Support from MBSE helps top students reach their goals
The top achievers in the 2021 exams for the Advanced Certificate in Financial Planning (ACFP) say the support they received from Moonstone Business School of Excellence’s lecturers helped them complete the qualification. Click […]
FAIS Ombud is moving to new premises
The Office of the Ombud for Financial Services Providers is relocating from its Erasmuskloof offices to new premises in Menlyn Central, Pretoria. The FAIS Ombud said in a statement that the move is […]
Ombud calls adviser’s conduct ‘morally reprehensible’
How does one justify placing an 80-year-old Alzheimer sufferer’s funds in a syndication scheme that is being investigated by the South African Reserve Bank? A recent determination by the FAIS Ombud revealed details […]
FSPs face paying regulators much higher levies
FSPs will pay significantly higher levies if the Financial Sector and Deposit Insurance Levies Bill is passed into law in its current form. The Minister of Finance introduced the bill and the Financial […]
How many rate hikes will we see this year?
By how much will inflation increase this year and, more importantly, how many rate hikes will we see as a result? Thursday’s meeting of the Monetary Policy Committee (MPC) may shed more light […]
Popular regulatory update workshop for FSPs in February
Moonstone Compliance, in conjunction with Moonstone Business School of Excellence, will host its popular annual regulatory update workshop on Thursday, 24 February. This year, the workshop will be hosted as a webinar. It […]
Cryptocurrency ownership in SA below global average
The rate of cryptocurrency adoption is higher in South Africa than in countries such as the United States, the United Kingdom and Germany – if the results of a survey conducted by consumer […]
Misrepresenting reason for dismissal can have dire consequences
Lawyers have drawn attention to a case heard by the Labour Court last year in which the applicant wanted the court to compel his former employer to change the reason his contract was […]
