The Authority says the penalties reflect the financial benefit gained from unlawful conduct and the harm to clients – handing 30-year debarments to several Banxso executives.
Despite digital technologies being set to significantly enhance processes, dedicated advisers and front-line staff will remain key within financial services According to Avaloq‘s financial industry report, front office staff such as client advisors […]
Despite digital technologies being set to significantly enhance processes, dedicated advisers and front-line staff will remain key within financial services According to Avaloq‘s financial industry report, front office staff such as client advisors […]
While payment holidays and lower interest rates provided South African consumers with significant short-term relief in 2020, DebtBusters’ latest debt index shows that real incomes have shrunk by up to 20% over the […]
A recent media release sets out the FSCA’s current position on certain aspects of Contingent Business Interruption Insurance (CBI) cover as well as its expectations of non-life insurers and policyholders in respect of CBI […]
In 2017, new classes and sub-classes of insurance business were introduced through the Insurance Act, 2017 (Act No. 18 of 2017). Subsequently, the Determination of Fit and Proper Requirements for Financial Services Providers, […]
Rarely does life or business play out as intended. This is not only true for your client base and their life story, but also for you as financial adviser. According to Allan Gray […]
Rarely does life or business play out as intended. This is not only true for your client base and their life story, but also for you as financial adviser. According to Allan Gray […]
The Financial Sector Conduct Authority (FSCA), issued a warning on 2 February 2021 against the growing cryptocurrency scams in the country. “The FSCA is receiving a large number of complaints from South African […]
Every year the Raging Bull Awards, hosted by Personal Finance, honours the leaders of the collective South African investment schemes industry. Up for grabs this year were 30 certificates for the best funds […]
Ten months after the coronavirus provoked global stay-at-home orders, most financial advisers haven’t returned to the office yet. Various media reports and statistics indicate that we are likely to see the percentage of […]
A Deloitte survey last year determined that Internet-connected offerings, such as motor telematics and home insurance linked to home sensors, cause apprehension among many customers, as they do not feel comfortable sharing data […]
As South Africa received the first batch of Covid-19 vaccines that are expected to help the country’s efforts to stem the Covid-19 virus, medical aid umbrella bodies assured members that their medical scheme […]
Lockdown restrictions might have impacted the publics drinking habits and patterns, but once South Africa’s strict new drunk-driving laws have been passed, drivers won’t be allowed to drink alcohol at all. In January, […]
Registration for Moonstone’s popular annual self-comply workshop for 2021 is still open. Don’t delay – book your spot today! The annual webinar aimed specifically at Financial Services Providers NOT required to appoint a […]
The emergence of COVID-19 turned 2020 into an extraordinary year, leading to significant changes in the way we live and work. In the Financial Advice industry many had to move to virtual-based businesses […]
Although COVID-19 has created greater awareness of the need for life insurance, consumer spending power has reduced significantly. Add to this the increase in death and funeral claims as well as the impact […]
“Advisers are acting like travel agents, selling clients a ticket to a seat on the aeroplane, when in fact, we should be thinking of ourselves as pilots, being with our clients throughout their […]
