Dicey Relationships
One would think that the required relationship between key individuals and their representatives are fairly clear. Where a key individual is required, at this time, to have successfully completed the level 1 regulatory […]
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 moreAmazing Investment Offered…
A reader sent me a pamphlet from a company called Aspaya. They offer an unbelievable return on investment, and I use the word unbelievable intentionally. “TalentShare Wealth Creation Program I is a six […]
PI Cover Overview
The FSB published the information below in FAIS Newsletter 15 of 31 August 2013. It covers some important points concerning PI cover, and addresses questions we receive on a regular basis. We recommend […]
Currie Cup – Not all cut and dried & Proteas Back to the Grindstone
Currie Cup – Not all cut and dried The outcome of the weekend’s clashes can still influence where the Currie Cup ends up this year. While some will play for home ground advantage […]
Irish Mirth
Definition of an Irish husband: He hasn’t kissed his wife for twenty years, but he will kill any man who does. Murphy told Quinn that his wife was driving him to drink. Quinn […]
Is Market Conduct Regulation Working?
An article entitled Regulation not crippling sector, FSB contends by Gillian Jones in Business Day provides two differing perspectives on this issue. On the one hand, there is the view of Johan van […]
Sharp rise in suspect money deals
The Financial Intelligence Centre (FIC) told Parliament that the number of suspicious financial transactions in SA in 2012-13 skyrocketed by 176% compared to the previous financial year, notes a Business Day report. FIC […]
RE Registration Problems
The good news is that marking of papers happens a lot faster than in the days when the whole industry was writing. We are currently experiencing problems with candidates who register for the […]
Tough Choice
Langenhoven het beweer dat dit makliker is om te leef na die inkomste waartoe jy gestyg het, as die een waartoe jy gedaal het. Dis omtrent hoe ek voel oor hierdie berig – […]
Stiff Upper Lip English
On a train from London to Manchester, an Australian is berating the Englishman sitting across from him in the compartment: “You English are so stuffy. You set yourselves apart too much. You think […]
Bluezone Directors Held Liable for Losses
In a 74-page determination, the FAIS Ombud sets out in detail why she found it necessary to implicate not only the advisor, but also the directors of Blue Zone in a complaint from […]
FSP Numbers Update
The impact of regulation on the number of people in the industry remains a major source of interest for many people. It could stem from a need to know that there is safety […]
FSB Telematics Broadcast 3 October 2013
The agenda of the 3rd of October’s broadcast is very similar to the workshop intended for licence category II and IIA FSPs, and includes the same speakers. 3 October 2013 – Satellite workshop […]
Will History Repeat Itself?
Ek lees vanoggend dat die All Blacks oor Ellispark voel soos die Bokke oor Eden Park. Keven Mealamu word aangehaal as sou hy sê dat dit enige All Black se grootste uitdaging is […]
‘Mayday! Mayday!’
This guy takes his new boat down to Cape Town from Jo’burg for a fishing trip. On his way back with the boat, his 4×4 breaks down outside Beaufort West. He […]
Products and fees structures need simplifying
In a competitive environment, cost disclosure enables price comparisons, leads to price competition and results in higher investor return. The practice, however, is met with an almost united “can’t do” response from the […]
