Enforceable undertakings – the new order?
A FSCA media release on 15 October 2020 contained details of the withdrawal of an FSP licence, the debarment of the sole director, key individual and representative for 10 years as well as […]
COFI Bill approved for submission to Parliament
Omnibus AML/CFT Bill also gets the nod for tabling.
SCA ruling might prompt insurers to amend their policies
“A recent decision of the Supreme Court of Appeal, handed down on 13 April 2021, will have a material impact on South Africa’s insurers, requiring them to review their policies,” according to George […]
Update on endorsement of rule amendments of retirement funds
In a recent communication, the Financial Sector Conduct Authority (FSCA) informed the retirement fund industry that it is in the process of finalising the endorsement of (urgent) amendments to rules of funds received […]
Tribunal overturns FAIS Ombud summary dismissal of complaint
The summary dismissal of a complaint by the FAIS Ombud was overturned by the Financial Sector Tribunal in a decision published on 30 April 2021. The complaint was dismissed by the Ombud in […]
Welcome signs of a market rotation after pandemic
Concerning recent market performance, Philipp Wörz, fund manager at PSG Asset Management, states: “Equity markets continued to show strong positive momentum this quarter. Locally, the JSE All Share Index (ALSI) finally broke through […]
Welcome signs of a market rotation after pandemic
Concerning recent market performance, Philipp Wörz, fund manager at PSG Asset Management, states: “Equity markets continued to show strong positive momentum this quarter. Locally, the JSE All Share Index (ALSI) finally broke through […]
Five myths about sustainable investing
Sustainable investing has grown in strength and appeal, particularly during the pandemic, with many leading think tanks and asset managers suggesting it may finally have “reached its tipping point” – there are, however, […]
Cutting through the noise to provide suitable financial advice
The Momentum Investments & Oxford Risk Noise and Investment Advice Study brought some interesting facts to light on the effect subjectivity has on the advisor as well. With its purpose to detect variation […]
Cutting through the noise to provide suitable financial advice
The Momentum Investments & Oxford Risk Noise and Investment Advice Study brought some interesting facts to light on the effect subjectivity has on the advisor as well. With its purpose to detect variation […]
Pandemic fast tracked use of social media
During the COVID-19 pandemic, 74% of U.S. financial advisors who used social media for business initiated new relationships or onboarded new clients, according to the Putnam Investments Social Advisor 2020 Study. The research […]
Pandemic fast tracked use of social media
During the COVID-19 pandemic, 74% of U.S. financial advisors who used social media for business initiated new relationships or onboarded new clients, according to the Putnam Investments Social Advisor 2020 Study. The research […]
SA’s new debit order system from 1 May
The South African Reserve Bank (SARB) will introduce the Authenticated Collections (AC)/DebiCheck project from 1 May 2021 as part of its modernisation of the national payment system (NPS). According to SARB, this project […]
SA’s new debit order system from 1 May
The South African Reserve Bank (SARB) will introduce the Authenticated Collections (AC)/DebiCheck project from 1 May 2021 as part of its modernisation of the national payment system (NPS). According to SARB, this project […]
Five risk trends affecting SMMEs
The coronavirus pandemic continues to take its toll on the economy, with data from Stats SA showing that liquidations rose 49% year-on-year in March. According to the statistics, the liquidations hit small, medium […]
Five risk trends affecting SMMEs
The coronavirus pandemic continues to take its toll on the economy, with data from Stats SA showing that liquidations rose 49% year-on-year in March. According to the statistics, the liquidations hit small, medium […]
Regulator intends to boost patients’ right to choose own pharmacy
Earlier in April the Council for Medical Schemes’ (CMS) Council indicated that its to publish a Government Gazette in terms of section 61 of the Medical Schemes Act (131 of 1998) after extensive […]
Regulator intends to boost patients’ right to choose own pharmacy
Earlier in April the Council for Medical Schemes’ (CMS) Council indicated that its to publish a Government Gazette in terms of section 61 of the Medical Schemes Act (131 of 1998) after extensive […]
