Double Trouble
A reader recently sent me an e-mail that read: What distinguishes a good Scotch from an ordinary dram? One double makes you think you’re single. This quite accurately sums up what happened on […]
Legal precedent set as Odendaal’s assets forfeited in Steinhoff fraud battle
The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.
Read moreDwindling Sole Prop Numbers and Rent a KI
Last week, we commented on the fact that there are only 2 492 sole proprietors in the industry, based on the latest FSB statistics. One reader, speaking from personal experience, wrote as follows: […]
Neighbours
There is a huge house in our street. The extended family is run by a grumpy old woman with a pack of irritable dogs allowed to run without leads. Her car isn’t taxed […]
It Makes CENCE to get involved
I am quite proud to share with you a report received from CENCE, our Social Investment initiative. The name CENCE is the acronym for “Consumer Education through National Collaborative Enablement”. Cence, in partnership […]
Compliance Officer Requirements
This article received quite a bit of attention from the market. We respond to two of the questions received from from readers. I just recently received the Moonstone Monitor for today and have […]
Irregularity Reporting
In FSB Newsletter 12, the regulator expresses concern that the duty of a compliance officer to report real, or suspected irregularities, does not always receive the attention it should. Section 17(1)(c) of the […]
Ringing in the Changes
I experienced a rare “I told you so” moment when I read yesterday that coach Meyer agreed with my views on patience – both from the players and supporters. But too much of […]
Outsurance Ad Update
The original article published by RiskSA regarding a misleading advertisement elicited a response from OUTsurance. The original article reported on a finding by the Code of Complaints Committee of SAIA that a particular […]
Compliance Officers Required
Due to recent developments in the market, there is a substantial increase in demand for our compliance services. We recently published an article on the qualification criteria for COs, which interested parties can […]
The Real Laws of Nature
At this time of year, little things can be far more irritating than ten months ago. Do not feel alone. Law of Mechanical Repair – After your hands become coated with grease, your […]
Ombud Complaints Analysed
Ombud Complaints Analysed A reader recently pointed out an interesting statistic published in the FAIS Ombud’s annual report. Less than 20% of the complaints received in the last year, concerned investments. He says […]
Inseta Vouchers Available
Inseta has 1 000 vouchers available to those looking for financial support in obtaining a full qualification. This applies equally to those already studying towards a recognised qualification, and those wanting to start […]
European Tour Overview
European Tour Overview The difference between the All Blacks and the Springboks is exactly the same as that which differentiates their supporters. After a very touching opening to the match (the band stopped […]
Did Direct Insurer Transgress?
An on-line article concerning an advert of a direct insurer which transgressed the Code of Conduct of a professional body, was removed this morning. We also prepared an article on this, but decided […]
FSB/ Inseta Regulatory Exam Preparation Workshops:
The final date for registration is next Friday, 16 November 2012. This is your final reminder. For more information, please click here.
Moving a Short-term Book
Publication of the FAIS Ombud’s annual report provides a great learning opportunity every year. We believe that learning from someone else’s mistakes is far better than from your own. A subject that made […]
