SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
According to the World Economic Forum’s Global Risks Report 2020, the top five global risks in terms of likelihood are all environmental. In the recent survey, respondents were asked to assess the likelihood […]
As a result of the right to appeal against a debarment decision, there was a substantial increase in debarment cases referred to the Tribunal since April 2018. In most of these cases the process […]
Failure to comply with fit and proper requirements within set timelines may lead to debarment, an action that will prevent an individual from rendering financial services and functioning as a representative. However, in […]
“It’s no secret that the insurance sector is conservative by nature and has largely been slow to embrace technology. In the past year, many of the large incumbents have been touting new ‘digital’ […]
Depending on the financial product/s which financial advisers are authorised for, new entrants to the industry may need to obtain an appropriate qualification for the applicable financial products within six years from their […]
For many candidates who are required to obtain a qualification under the Fit and Proper requirements, cost can be a serious constraint. Depending on the financial product/s for which you are authorised, new […]
“Financial advisors today are really life coaches who help clients explore their life goals and set pathways and milestones to help them achieve those goals,” Nirdev Desai, head of sales at PSG Wealth […]
Internationally, companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in businesses, NGOs, governments and the […]
Internationally, companies in the financial services sector were again the least trusted among industries, according to the latest annual Edelman Trust Barometer, which has been measuring trust in businesses, NGOs, governments and the […]
According to Beatri Faul, investment specialist at Allan Gray, the best way to protect an investor’s capital is to construct a well-diversified portfolio that can earn real returns regardless of market conditions. But […]
Reshaping the financial services industry by “removing market inefficiencies” sounds suspiciously like trying to eradicate human error. This raises the very serious question about the function of the financial advisor in the future. […]
In a recent LegalBrief post Pam Saxby of Legalbrief Policy Watch shares that the Financial Intelligence Centre (FIC) requires comment on the latest draft (PCC 107) public compliance communication – regarding the use […]
In a recent LegalBrief post Pam Saxby of Legalbrief Policy Watch shares that the Financial Intelligence Centre (FIC) requires comment on the latest draft (PCC 107) public compliance communication – regarding the use […]
In an effort to assist complainants who are unsure where to lodge an insurance complaint, a new gateway has been launched. The introduction of the additional point of entry for complaints relating to […]
In an effort to assist complainants who are unsure where to lodge an insurance complaint, a new gateway has been launched. The introduction of the additional point of entry for complaints relating to […]
The latest Intergovernmental Fintech Working Group (IFWG) report highlights that increasing cyber threats present a material obstacle to the progress possible through technological advancements. According to Danny Myburgh, Association of Certified Fraud Examiners’ […]
A number of new scams, spoofing communication that appears to be from various institutions, have been doing the rounds. In a recent FSCA media release, the Financial Sector Conduct Authority (FSCA) warns the […]
