In Circular 48, the CMS signals tougher enforcement against exempted insurers, warning that non-compliant branding and failure to notify regulators will attract decisive action.
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 […]
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, […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
The latest Annual Report of the Registrar of Pension Funds states that approximately Twenty billion Rand in unclaimed benefits is owed to about 3.5 million beneficiaries. Many funds employ the services of tracing […]
According to a Business Day Live report, the long-awaited White Paper on National Health Insurance (NHI), together with a linked discussion document on financing options, are about to enter the Cabinet process. A […]
In February, the Minister of Finance declared hedge funds as collective investment schemes with effect from 1 April 2015. All South African hedge fund operators are required to apply for registration as a hedge fund […]
Somehow, the Kiwis just manage to outsmart most other countries, and not only on the pitch. Steve Hansen was an assistant coach under Graham Henry for a long time, including two RWC campaigns, […]
Wednesday, August 19, was a busy day at the International Criminal Court (ICC) in The Hague. The ICC’s judges made two calls that could potentially have an impact on political risk in Kenya. […]
The latest decision by the FSB Appeal Board concerns a case where the Registrar debarred the appellant for a period of three years from rendering financial services in terms of Section 14A(1) of […]
You can be young without money, but you can’t be old without it. Tennesse Williams Retirement reform, RDR and TCF all speak to better outcomes. Old style, conventional retirement annuities have been singled […]
