Advertising regulations much stricter
“One of SA’s big five banks has been censured for practising “deception” in advertising for its rewards programme,” according to an article in the Sunday Times. The bank’s scheme offered “up to R5 […]
Treasury’s strategy for unclaimed benefits ‘conflates two separate issues’
The industry broadly supports centralising tracing and administration but questions whether moving assets to the CPD is necessary, appropriate, or in members’ interests.
Permanent commissioners appointed at FSCA
Finance Minister Tito Mboweni has appointed Unathi Kamlana as the commissioner of the Financial Sector Conduct Authority (FSCA) for a period of five years. Kamlana is currently employed at the Prudential Authority of […]
Permanent commissioners appointed at FSCA
Finance Minister Tito Mboweni has appointed Unathi Kamlana as the commissioner of the Financial Sector Conduct Authority (FSCA) for a period of five years. Kamlana is currently employed at the Prudential Authority of […]
What habits set successful investors apart?
“You don’t necessarily need to be an investment specialist who can analyse companies and financial markets to be a successful investor. What sets successful investors apart is their mindset and their ability to […]
Regulating cryptocurrencies is a necessary next step
Four months after he disappeared, the estate of missing Mirror Trading International (MTI) CEO Johann Steynberg has been provisionally sequestrated. MTI was placed in provisional liquidation in December last year when investors tried […]
Regulating cryptocurrencies is a necessary next step
Four months after he disappeared, the estate of missing Mirror Trading International (MTI) CEO Johann Steynberg has been provisionally sequestrated. MTI was placed in provisional liquidation in December last year when investors tried […]
Do you project your own attitude to risk into client assessments?
“The four most dangerous words in the world of investing just might be ‘this time it’s different’. When it comes to making investment decisions, consistency is key, and making emotional decisions in reaction […]
Do you project your own attitude to risk into client assessments?
“The four most dangerous words in the world of investing just might be ‘this time it’s different’. When it comes to making investment decisions, consistency is key, and making emotional decisions in reaction […]
Professional qualification – Second chance to register
Here is some good news for you if: -your study plans were interrupted by the pandemic -you left it too late to register for studies in the 2021 academic year -you were unsure […]
Increase in digital fraud echoed by TransUnion analysis
Last week, the Ombudsman for Banking Services (OBS) reported that it is continuing to receive complaints on a daily basis from consumers who were deceived into providing their confidential banking information to fraudsters. […]
Final opportunity to complete Directive to provide information (DPI) for 2021
The Financial Sector Conduct Authority (FSCA) is re-issuing the Directive to Provide Information 2021 (DPI) for completion and submission between 1 May 2021 and 31 May 2021. According to the FSCA, this is […]
Tribunal finding that Industry is improving in debarment process
A fundamental character trait of a person who provides financial services and furnishes advice to members of the public is honesty and integrity. This goes hand in hand with conducting business with the […]
Tribunal finding that Industry is improving in debarment process
A fundamental character trait of a person who provides financial services and furnishes advice to members of the public is honesty and integrity. This goes hand in hand with conducting business with the […]
Healthcare Broker Accreditation – CMS provides clarity about qualification requirements
The Financial Sector Conduct Authority (Authority) has recently received numerous queries and complaints from compliance officers, FSPs and medical scheme brokers indicating that the Council for Medical Schemes (CMS) refused to renew the […]
Why South Africans need the lifeline of income protection
In 2020, 59% of all COVID-19 related Sanlam income protection pay-outs were to people younger than 39 years old. According to Karen Bongers, Sanlam Product Development Actuary, this statistic underlines the critical importance […]
Why South Africans need the lifeline of income protection
In 2020, 59% of all COVID-19 related Sanlam income protection pay-outs were to people younger than 39 years old. According to Karen Bongers, Sanlam Product Development Actuary, this statistic underlines the critical importance […]
Longevity risk – are we addressing this appropriately?
The world is changing at a rapid rate and what was true yesterday is simply not true today. One of these outdated truths is that individuals are going to retire at 65 and […]
