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Qualifications re-visited

Board Notice 135 of 2012 contains the latest information pertaining to approved qualifications. There are two bits of good news: It is printed in landscape format, so older readers like myself will not walk around with a stiff neck for days after trying to establish the status of their qualifications. Secondly, the FSB indicated in […]

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DOFA Demystified

Newcomers to our industry is often baffled by the seemingly endless array of abbreviations. DOFA is not a person who is not very bright, nor is it an airport in the Middle East. Your date of first appointment (DOFA) has become almost as important as your ID when it comes to establishing what obligations apply […]

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Post Mortems and Previews

Felicitations It is early days yet, but our athletes at the Paralympics are really doing us proud. In fact, for me it is a humbling experience to watch these wonderful people achieving great things despite the odds against them, while we, who often have so much more, show little appreciation for our blessings. Expectations, Roles […]

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Puns for the educated

1. King Ozymandias of Assyria was running low on cash after years of war with the Hittites. His last great possession was the Star of the Euphrates, the most valuable diamond in the ancient world. Desperate, he went to Croesus, the pawnbroker, to ask for a loan. Croesus said, “I’ll give you 100,000 dinars for […]

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Is the Ombud System Fair?

The jurisdiction of the FAIS Ombud has been questioned on a number of occasions, notably in the current High Court case between the Ombud and Deeb Risk, and yet again in a later determination involving Lifeforce Financial Services. The Ombud’s interpretation of the FAIS Act has become the “Dummies guide” to the industry of how […]

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FSB Communications

On 29 August, the FSB broadcast a workshop aimed specifically at independent financial advisors. The title of the presentation is: “What’s new, and what to be aware of”. The Agenda covered the following topics: • Structure of the FAIS Division • Exemption: Board Notice 193 of 2011(Exemption of FSPS from submitting audited financial statement requirements) • Financial statements […]

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FSB Levy Deadline

The annual levies payable to the Regulator is calculated on your position as at 31 August 2012. This is for the period 1 April 2012 to 31 March 2013. Should your information have changed (i.e. reps removed from the register), it is advisable to contact the Registrar to make sure your levy is calculated on […]

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Heyneke Meyer's letter to Pat Lambie

Posted on 27/08/2012 by Sportbilly In the scoop of all scoops, it has come to our attention that Heyneke Meyer sent Pat Lambie a letter ahead of the last Springbok game against Argentina in Mendoza. Give it a read, it explains a lot…               ‘Press the red button to […]

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Proteas Dethrone English

I became quite loud on Monday as the match between the Proteas and England progressed. After the elation of watching Amla yet again re-writing the record books, I posted on Facebook that Hashim is actually an excellent example of how one should remain humble despite great achievements. Although we posted a challenging score, I was […]

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A bit about Golf

 I recently completed work on my latest book on golf and am quite proud of the results. In order to market the publication, I’m asking friends and family to spread the news about this essential read. This book on golf gives the reader valuable playing tips and insider information that I have gained through my […]

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