Breaking: SCA upholds Old Mutual’s Living Hands appeal

Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.

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Human Capital Development Forum Established

A number of industry associations joined forces to form the Short Term Insurance Human Capital Development Steering Committee. The purpose is to oversee and drive the professional standards of the South African short-term […]

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Binder Workshop Positive Feedback

We received many positive comments after the first of five workshops: I have been to a few Binder Regulation workshops and can honestly say that this has been the most insightful and best […]

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Perennial Problem Pops up Again

It is that time of year again when you can expect a request from product providers to sign a Personal Services Company Affidavit. This request continues to irk advisors, yet there is nothing […]

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FSB Circular 10 on REs

There will no doubt be some very clever calculations done, based on the statistics contained in this circular. It never ceases to amaze me how some people can spend hours dissecting these figures […]

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How Ritchie McCaw let his team down.

Ritchie McCaw goes into the All Black changing room to find all his team mates looking a bit down. “What’s up guys?” he asks. “Well Ritchie, to be honest we’re having all sorts […]

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We are Stardust

(I attached links to the songs mentioned in the article to help set the mood while you read) Woodstock was a “happening”, to use a buzz word of those times. In the words […]

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Compliance Consultation Service

When one suspects a serious ailment, or is diagnosed with one, it is common practice to obtain a second opinion. The same approach should apply in the financial services industry. It is extremely […]

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All Blacks Victory March Stopped

Hats off to the Aussies for a very gutsy performance against the All Blacks. Hopefully Higginbotham will have his bottom severely kicked for kneeing and head butting McCaw. Loved this snippet in the […]

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Can the Wallabies do it?

Not one article on this subject gives the Aussies any chance of stopping the victorious All Blacks, on their relentless march to a new record winning streak. It is fearsome, that one side […]

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The last wishes of Alexander the Great:

On his death bed, Alexander summoned his generals and told them his three ultimate wishes: 1. The best doctors should carry his coffin; 2. The wealth he has accumulated (money, gold, precious stones…) […]

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FSB On-Site Visits

On Monday we discussed the functions of the FSB’s FAIS Compliance Department in an article by the same name. We indicated where they get information which leads to further action, including on-site visits […]

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FSB/Inseta Rewrite Workshops

I found the following information on the Inseta website: The FSB announced a further extension to the deadline for the Level 1 Regulatory Exams for those candidates who wrote before 30 June 2012, […]

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Did the Crime fit the punishment?

Further to last week’s article Bark without Bite?, we expand on the closing sentence which read: “ We are not propagating stricter censure for transgressors, but merely asking that a uniform standard be […]

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Super Sevens

What a joy it was to see the Blitsbokke perform so well over the weekend. The game against the All Blacks clearly showed that they have no hang-ups, or hangovers, from their previous […]

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Binder Agreement Workshops

If the current state of bookings is an indication of what will happen in the Currie Cup, the Lions are going to retain their title hands down. The first session in Johannesburg was […]

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