FAIS Ombud Annual report highlights the need for TCF
During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints – a reduction of 5.23% from the 9323 received during the 2018/2019 financial year and […]
BHI Trust fallout widens as FSCA bans intermediary for 20 years
The FSCA’s latest action highlights the regulatory risks for individuals who may have been linked to the BHI Trust scheme.
FAIS Ombud Annual report highlights the need for TCF
During the 2019/2020 financial year the Office of the FAIS Ombud received a total of 8835 new complaints – a reduction of 5.23% from the 9323 received during the 2018/2019 financial year and […]
Non-traditional data – Impact on the provision of financial services in South Africa
At the end of November 2020, the Financial Sector Conduct Authority (FSCA) published a research report on the impact of Non-traditional (Alternative) Data on the provision of financial services in South Africa. “Alternative […]
Fit and Proper requirements – FSCA publishes proposed amendments for comment
Since the implementation of the Determination of Fit and Proper Requirements for Financial Services Providers, 2017 on 1 April 2018, various exemptions were issued to deal with new requirements. According to the FSCA certain provisions […]
Fit and Proper requirements – FSCA publishes proposed amendments for comment
Since the implementation of the Determination of Fit and Proper Requirements for Financial Services Providers, 2017 on 1 April 2018, various exemptions were issued to deal with new requirements. According to the FSCA certain provisions […]
Tis the season to be jolly – FSCA publishes various regulatory updates
There are actually three certainties in this world: Death, taxes and major regulatory updates in December every year, as the industry starts winding down for the silly season. One of these is the […]
Tis the season to be jolly – FSCA publishes various regulatory updates
There are actually three certainties in this world: Death, taxes and major regulatory updates in December every year, as the industry starts winding down for the silly season. One of these is the […]
Policy wording – Disappointing outcome for client
Policy wording and its interpretation at claim time received increased airtime in the last few months as a result of various Business Interruption insurance claims. Although the courts have thus far ruled in […]
Instant EFT – Payment option can lead to online crime
Last Friday consumers took to online shops to benefit from the Black Friday deals. With the approach of the holiday season even more consumers will make use of online shopping in order to […]
Instant EFT – Payment option can lead to online crime
Last Friday consumers took to online shops to benefit from the Black Friday deals. With the approach of the holiday season even more consumers will make use of online shopping in order to […]
Online learning – What are the benefits?
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
Online learning – What are the benefits?
The world of education has changed dramatically over the last year, with the distinctive rise of e-learning or online learning. But even before the pandemic and lockdown restrictions, there was a global growth […]
Provider’s refusal to provide advisers with client information – PPR provides clarity
In one of our recent articles, Whose information is it any way?, the ownership of client information was questioned. In the case at hand a broker requested information from a product provider, only […]
Provider’s refusal to provide advisers with client information – PPR provides clarity
In one of our recent articles, Whose information is it any way?, the ownership of client information was questioned. In the case at hand a broker requested information from a product provider, only […]
Intestate Succession Act – Who is the parent in the true sense of the word?
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
Intestate Succession Act – Who is the parent in the true sense of the word?
A parent does not, in the strictest sense of the word, need to be the blood and biological parent of a child to inherit if the child dies intestate. This, Timeslive reports, was […]
Overcoming challenges keeping advisers up at night
The word “entrepreneur” is defined as: a person who organizes, operates, and assumes the risk of a business. From this definition, it is clear that most financial advisers are entrepreneurs. Being an entrepreneur […]
