Virtual meeting here to stay
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 […]
Why are so few affluent investors using offshore platforms?
Allan Gray’s data finds that advisers making heavier use of offshore solutions often have higher client balances and stronger inflows.
Life offices face several challenges in the wake of Covid
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 […]
Travel agent or pilot – What is your role as financial adviser?
“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 […]
SARS closing loopholes for high-net-worth individuals
“The days of wealthy taxpayers’ tax compliance status not being fully tested by SARS are well and truly over,” Peter Dachs, head of ENSafrica’s tax department writes in Business Day. According to SARS […]
New tax laws – 10 key changes taxpayers need to take note of
The President has given effect to the 2020 tax proposals by signing three tax Acts into law that will introduce several big new changes for South African taxpayers: The Rates and Monetary Amounts […]
Six Social Media Predictions for Financial Advisers in 2021
The COVID-19 pandemic turned 2020 into an unprecedented year, leading to changes in the way we live and work. In 2021, some of these trends are likely to continue, reshaping everything from the […]
Updated lockdown level 3 rules – Are you compliant with amended regulations?
Adjusted Level 3 Regulations were gazetted on 29 December 2020 and contain further restrictions and stricter penalties for non-compliance with a view to curbing the spread of the virus while retaining a functioning […]
UK’s Business Insurance Ruling – FCA provides guidance for insurers
Following the legal certainty it sought on business interruption claims, it is to be hoped that the FSCA will follow the example of the UK regulator in quickly setting guidelines and principles for […]
Covid-related risks dominate Allianz Risk Barometer 2021
Given the unprecedented disruption caused by the coronavirus outbreak, it is no surprise that business interruption and the pandemic outbreak top the 2021 Allianz Risk Barometer, an annual survey on global business risks […]
Covid-19 – Changing claims trends and risk exposure for companies and insurers
The global pandemic has caused disruptions to economies around the world. While the most devastating effects of the disease have been the number of infections and deaths, its economic consequences cannot be understated. […]
Client advice records – Are you still following a tick box approach?
Client advice records, or the lack thereof, was identified as one of the trends in complaints contained in the latest annual report of the FAIS Ombud A tick-box exercise does not help the […]
Section 59 interim investigation report on racism – Constitutional expert weighs in on validity
“Critics of the report fail to understand the findings. The report DOES NOT say legitimate investigations of wrongdoing is racist because it identified more black wrongdoers, it says, the med schemes have not […]
Education cost amid Covid – Breaking down the elephant with your client
A Sanlam independently commissioned survey on educational savings in South Africa showed that most participants save under R20 000 for education a year. Once school fees are deducted, that leaves little wiggle room […]
Business interruption claims – Santam extends settlement process to all commercial policies
Santam announced today that it will settle valid claims for all commercial policies with contingent business interruption (CBI) extensions in addition to those covered by its Hospitality & Leisure division. This announcement impacts […]
2021 Annual Self-Comply Compliance Webinar– Earn 3 hours CPD
The annual webinar, aimed specifically at Financial Services Providers NOT required to appoint a compliance officer, will be hosted on Wednesday, 24 February 2021. The three-hour session is geared towards the changing “conduct” […]
Save the date – 2021 Annual Self-Comply Compliance Webinar
The annual webinar, hosted by Moonstone Compliance and aimed specifically at Financial Services Providers NOT required to appoint a compliance officer, will be presented on Wednesday, 24 February 2021. The focus of this […]
Big or small, Cybersecurity is a risk for all
Whether you are a JSE-listed company, a local coffee shop, or are self-employed and work from a home office, you share a common business goal – to maintain your operational ability and productivity. […]
