Sub-agent Accountability
Proposal I in the RDR draft document (see link below) provide for the inclusion of specifically identified forms of referrals and leads in the regulatory framework as a form of financial intermediation. It […]
High Court orders insurer to reconsider unfair debarment carried out in 2016
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreJPMorgan boots Nigeria from influential bond index
Bloomberg reported late on Tuesday, September 8 that JPMorgan has decided to eject Nigeria from its Government Bond Index-Emerging Markets (GBI-EM). Justifying its decision, the investment bank stated: “Investors who track the GBI-EM […]
Bulbs brain teaser solution
Keep the first bulb switched on for a few minutes. It gets warm, right? So all you have to do then is … switch it off, switch another one on, walk into the […]
Sub-agent Accountability
Proposal I: Conduct Standards for referrals and lead generation Certain specifically identified forms of referrals and leads will be included in the regulatory framework as a form of financial intermediation, and will be […]
What style of play will win RWC 2015?
We are currently spoilt for choice, watching replays of previous RWC matches on Supersport. I made some notes while reliving past glories. The soggy match between the Springboks and France in Durban in […]
Demarcation regulations and low cost benefit options
Legalbrief Today published an article on 3 September titled “New health cover demarcation regulations imminent” which notes that the final demarcation regulations for short and long-term health insurance will be gazetted in September. […]
Fitch Withdraws FSB Registration
Fitch Ratings announced on 4 September that it has decided to withdraw its Financial Services Board (FSB) credit rating agency registration of its South African subsidiary, Fitch Southern Africa (Pty) Ltd. “The decision […]
Poor Administration or Negligence
Section 11 of the General Code of Conduct states: `A provider must at all times have and effectively employ the resources, procedures and appropriate technological systems that can reasonably be expected to eliminate, […]
Dis nie net ons nie
Nou dat die klaagliedere van Jeremia stadig maar seker afneem, na die aankondiging van die span wat Suid-Afrika by die Rugby Wêreldbeker gaan verteenwoordig, kry mens ‘n ietwat meer gebalanseerde kykie op die […]
Ponzis and Pyramids
City Press recently published a very interesting article by Neesa Moodley titled The problem with Ponzis and pyramids. Everyone wants to get rich, and some want it to happen as fast as possible. This is often the reason […]
PI Pointers
The Insurance Institute of South Africa (IISA) recently hosted a forum where the issue of Liability was discussed. One aspect which caught my eye concerned PI cover. While many of us are aware […]
Writing endowments in your clients' best interests – Patrick Cairns
Last month’s article, on whether there is still a place for endowments, drew a range of responses. Given some of the strong opinions expressed, it is worth considering how IFAs can ensure that, […]
Various Types of Questions
A very important part of your preparation is to make sure that you read and understand the information contained in the FSB’s Preparation Guide. According to this document, there are four levels of […]
Explanatory Summary of Financial Sector Regulation Bill, 2015
A publication in the Government Gazette, on 21 August 2015, contains a summary of this important piece of legislation which will soon be tabled in the National Assembly. It is essentially, the blueprint for the […]
Consumer Education: A Joint Responsibility
Education is possibly the single biggest challenge facing South Africa. Current issues like poverty and unemployment can never be eradicated unless there is a major about-turn in the farce currently being dished out […]
Plan A or Plan B?
Much has been said about factors that may influence Heyneke Meyer’s squad selection for IRB RWC 2015, with injuries and experience being the two major discussion points, and quotas added recently. The thinking […]
