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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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Disclosure of Costs

A recent finding by the FAIS Ombud will probably cause product providers to rethink how they disclose costs, including commission, in quotation packages. The General Code of conduct stipulates that a provider “…must, as regards all amounts, sums, values, charges, fees, remuneration or monetary obligations mentioned or referred to therein and payable to the product […]

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Service Level Agreements

It is no secret that the myriad of controls required by the Regulator is not often viewed in a positive light. Feedback after visits by the FSB to broker practices confirms that FSPs have the required documentation in place, but it is often just a template provided by a compliance company (or copied from a […]

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Periscope Up

Business forecasts normally appear towards the end of the year, together with reviews of the past year. The financial services industry, and particularly financial advisors, would be well advised to conduct this exercise now. For the past eight years, regulatory obligations played a significant role in occupying the minds of advisors. This often led to […]

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RE Results

As we near the final cut-off date for FSPs who have yet to write (and pass) the exams before 30 September, one can sense the anxiety in the enquiries we receive. Please know that we understand your concern, and are doing our utmost to get the results to you as quickly as possible. There is […]

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Manhandled in Mendoza

NZ 22 – Australia 0 It took the All Blacks more than 25 minutes to score their first points. Full marks to the Wallabies for keeping the game tight, minimizing opportunities for the All Blacks to capitalize on backline mistakes. After 53 minutes into the game, and with the All Blacks 22 points ahead, the […]

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Proceed with caution

Whilst at the Olympic games in London, I was standing in a bar in Chelsea, minding my own business, when this little Chinese guy comes in and stands next to me. I turned and said to him, “Do you know any of those martial art things, like Kung-Fu, Karate or Ju-Jitsu?” He says “No, why […]

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