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Exemption of Services under Supervision Consultation Paper released

The FSCA has released the Exemption on Services under Supervision Consultation Paper. The Consultation Paper relates to the FSCA’s proposed withdrawal of the Notice on the Exemption of Services under Supervision in terms of Requirements and Conditions, 2008 (2008 Exemption), and the replacement of the 2008 Exemption. Interested parties are invited to submit submissions on […]

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More choice in an increasingly complex landscape – (part 1)

GTC Medical Aid Survey 2018 – More choice in an increasingly complex landscape GTC, leading wealth and financial advisory firm, released the 2018 Medical Aid Survey recently. The survey compares local medical aid schemes on cost to members across various levels of cover. This comes in the midst of renewed emphasis on the South African […]

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Six technologies to streamline day-to-day business operations

In a recent Bizconnect article Neil Summers of Moonstone mentions that Small business owners are often swamped by day-to-day operations and therefore unable to focus on the overall shape and direction of the business. In his article he focusses on six technologies that will streamline people’s day-to-day business operations and help free up their time […]

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New Chairman of Santam Board – Vusi Khanyile appointed

The Board of Santam recently announced the appointment of Mr Vusumuzi (Vusi) Phillip Khanyile as its chairperson with effect from 1 July 2018. Mr Khanyile joined the Santam board as an Independent Non-Executive Director on 23 April 2018, having previously served as a director between April 2010 and May 2013. He also served as Chairman of the Board from 2 June 2010 to […]

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And the winner is…

In the midst of the world cup soccer hype, Neymar memes and speculation on which team will be crowned as the winners of World Cup 2018, the role of soccer coaches sometimes fades into the background as star players are praised for the results. Soccer coaches are, however, key in creating the right platform for […]

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The latest FSCA FAIS notices

The FSCA as release the following FAIS Notices: FAIS notice 32 of 2018 – Compliance report for Category I with a CO ● Reporting date: Still 31 May 2018 ● Submission deadline: 15 September 2018 ● Some of the questions have been split into pre April 2018 and post April 2018. FAIS Notice 33 of 2018 – Compliance report […]

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Congratulations to the FIA winners

The Financial Intermediaries Association of Southern Africa (FIA) announced the 2018 FIA Awards winners at a gala event held at the Sandton Convention Centre last week. PRODUCTS PRODUCT SUPPLIERS Employee benefits Sanlam Employee Benefits Medical schemes Discovery Health Long term lump sum Allan Gray Long term risk product Old Mutual Life Long term savings Allan […]

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Moonstone Investment Indicators also approved for CPD hours

The new Fit and Proper Determination requires that certain individuals are required to obtain a specified number of Continuous Professional Development (CPD) hours between 1 June 2018 and 31 May 2019. The FPI has now also recognised Moonstone Investment Indicators as a vehicle towards obtaining (CPD) hours; we received the following response from the professional body: It is a […]

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