Digital transformation – There is no excuse for businesses
Everyone wants to go digital. We know that digital is the future of everything. But which way do we go and what is standing in our way? In recent research studies by the […]
COFI countdown: FSPs urged to prepare with the precision of a World Cup coach
Compliance expert Anton Swanepoel says financial services providers must adopt a winning mindset, strategy, and tech-driven approach.
The Higher Certificate in Wealth Management – A foundation qualification for financial advisors
Just entered the financial services industry? Mapping your financial planning career? Need to obtain a foundation level qualification for Fit and Proper requirements? Want to upskill yourself in an ever increasingly complicated field? […]
Credit card fraud – OBS provides insight into complaints
We recently reported on the Ombudsman for Banking Services’ (OBS) review of the first quarter of 2019 which reported on an alarming increase in credit card fraud. Read: Credit card fraud – Elderly […]
Retirement fund default regulations – Three steps in the right direction
On 1 March 2019, three new regulations on retirement savings came into effect. These default regulations impact three important areas of retirement saving: how a member’s contributions are invested while you are accumulating […]
Retirement fund default regulations – Three steps in the right direction
On 1 March 2019, three new regulations on retirement savings came into effect. These default regulations impact three important areas of retirement saving: how a member’s contributions are invested while you are accumulating […]
Latest research on life cover – Surprising outcomes
Life cover is generally perceived to be appropriate for married couples and family breadwinners. The direct marketing company, Olico, has however now found that the most common buyer of life assurance is not […]
Deductions from pension fund proceeds – Tribunal clarifies the “what and when”
When can an employer claim against an employee’s retirement fund? How is the deduction determined, and is it legal? Can a pay-out be delayed as a result of money owed to the employer? […]
What are reasonable precautions? – Ombud’s view provides guidance
In the current tough economic times, and as financial pressures increase, fraudulent claims are a major challenge to the short-term insurance industry. In order to address this, insurers rely more and more on […]
Fit & Proper qualification requirements
– Ensure appropriate qualification for the applicable financial product One of the frequent questions we receive around the new Fit and proper Determination (Board Notice 194 of 2017) is whether or not a […]
Fit & Proper qualification requirements
– Ensure appropriate qualification for the applicable financial product One of the frequent questions we receive around the new Fit and proper Determination (Board Notice 194 of 2017) is whether or not a […]
Your DOFA and RE requirements
“My DOFA date is 1st August 2016. Is my deadline to pass the Regulatory Exam 30 June 2019?” Moonstone receives many queries about the deadline for Regulatory Exam requirements. To answer this question and all FAIS related […]
Social media – Blunders you should avoid
Opening a social media account is easy. But, simply opening an account and posting a few updates is not good enough to say that you have accomplished social media. By avoiding some basic […]
The POPI Act Glossary – 15 important terms to understand your obligations better
Media update’s Aisling McCarthy recently took readers through a list of 15 terms that you’ll need to know in order to fully understand the POPI Act. The Protection of Personal Information Act or […]
The POPI Act Glossary – 15 important terms to understand your obligations better
Media update’s Aisling McCarthy recently took readers through a list of 15 terms that you’ll need to know in order to fully understand the POPI Act. The Protection of Personal Information Act or […]
Collection of insurance premiums – Update on regulatory framework
Just before year end, the Financial Sector Conduct Authority (FSCA) published FSCA Communication 2 of 2018: Update on the future of the premium collection regulatory framework under the Short- and Long-term Insurance Acts. […]
Collection of insurance premiums – Update on regulatory framework
Just before year end, the Financial Sector Conduct Authority (FSCA) published FSCA Communication 2 of 2018: Update on the future of the premium collection regulatory framework under the Short- and Long-term Insurance Acts. […]
ASISA Retirement Savings Cost Disclosure Standard
– Aims to build trust not expose hidden costs “Big financial services companies may soon need to find new ways to pad their earnings, as a new industry standard is threatening to expose […]
