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.
The Momentum/Ganas case, which caused a public outcry in November last year, was one of the matters discussed in the Long Term Ombud’s Annual report. According to Ron McLaren, Long Term Ombud, there […]
According to Pam Saxby of Legalbrief Policy Watch, the FSCA has called for input by 21 June 2019 on proposed levies for the 2019/20 financial year to be imposed on a raft of affected institutions. […]
Members of umbrella retirement fund solutions will be able to assess the total impact of charges on their individual retirement benefits from next year October, when members of the Association for Savings and […]
Yesterday, the world’s largest and oldest ultramarathon race took place. After months of preparation, runners from around the world embarked on the 89 kilometre Comrades Marathon. And what a race it was. Local […]
Last week the FSCA published FSCA Communication 2 of 2019 to provide further guidance to FSPs, key individuals and representatives regarding compliance with the continuous professional development requirements. The communication also included questions […]
Did you know? You will receive 5 CPD hours on completion and successful pass of the final assessment when you attend Moonstone’s Trust Dilemma training. Yes, the course is accredited by the FPI […]
Did you know? You will receive 5 CPD hours on completion and successful pass of the final assessment when you attend Moonstone’s Trust Dilemma training. Yes, the course is accredited by the FPI […]
The world of technology has evolved over the last few years. First, we watched movies on television, now we stream in via the internet. In the same way, we are increasingly adapting to […]
There will be planned maintenance of ICT systems, starting on Friday 7 June 2019 at 17:00, until Sunday 9 June 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible during […]
There will be planned maintenance of ICT systems, starting on Friday 7 June 2019 at 17:00, until Sunday 9 June 2019 at 20:00. This means that all ICT services, including the FSCA website, will not be accessible during […]
It is critical for everyone to familiarise themselves with the answers to some very relevant and important questions. Let’s focus on a few responses from the FSCA: What happens if the FSP/ key […]
The deadline for meeting the CPD requirement was extended from 31 May 2019 to 31 July 2019. Does this mean that the next CPD cycle will only commence on 1 August 2019? No, the CPD cycle was not extended. […]
The last week of May 2019 will be remembered for three things by South Africans. Firstly the rush and urgency by FSPs, key individuals and representatives to ensure that they were compliant with […]
Having a niche market means that you’re targeting a specific section of your available clients. “A niche is more than just a target market, it’s about positioning yourself and your firm to attract […]
According to the just-released claim statistics of Sanlam, cardiovascular disease was the leading cause of death claims. “This aligns to the Heart Foundation’s 2017 report, which identified that 18% of deaths in South […]
The FSCA has just published PFA exemption notice no. 3 of 2019 that exempts certain funds from the requirements of sections 9a and 16 of the Pension Funds Act. What does the PFA […]
Last week the FSCA published the Exemption from Continuous Professional Development Requirements, 2019 – No 2 of 2019 on its website. The purpose of the Exemption is to allow financial services providers, key individuals and representatives […]
