Commission Impact on Client Returns
Rob Rusconi shocked the industry in 2004 when he did a presentation to the actuarial society on the impact of expenses on retirement provision of individuals. In the ensuing investigation by the national […]
COFI is coming – and FSPs can’t afford to wait
Early preparation for COFI will give firms a competitive edge and help to avoid the compliance scramble seen during FAIS implementation.
Chiefs take the honours in S15 Final
Super Final Contrary to popular (local?) belief, a rugby final does not have to be boring. What I found fascinating was not only the contest on the field, but also the game of […]
Fees for service
Those who are still uncertain as to whether charging fees is more risky than being paid commission should consider the following example from the second oldest profession in the world: A new client […]
Where are we with TCF?
All the talk, or rather, the lack of talk about TCF, has a left a lot of us in the lurch as to just where we stand with this initiative. The one bit […]
Wealth Management Qualification Training in August
Our next training session takes place from 27 to 29 August at the Oakdale Club in Bellville. Moonstone Intellectual Capital (MIC) offer learners the opportunity to qualify for the further education and training […]
Twee Suid-Afrikaners in Finaal
Dis werklik ‘n geval van gryp na strooihalms as mens opgewonde wil raak oor Jake White en Craig Joubert se deelname aan die Super 15 finaal in Hamilton, Nieu-Seeland. Daar was kommentators wat […]
Enforcement Committee: Ogre or Opportunity?
We briefly touched on this topic in a previous article FSB Enforcement Committee. In this article we expand on the actual workings of the Enforcement Committee, and provide information that will stand you […]
FSB Enforcement Committee
Other than what the name suggests, this is not the kind of entity that will pitch up in the middle of the night with a baseball bat to test your reflexes by beating […]
Burglary in Florida (USA)
Trust the Yanks to come up with this gallows humour: Burglary in Florida (USA) When Southern Florida resident Nathan Radlich’s house was burglarized recently, thieves ignored his wide screen plasma TV, his VCR, […]
Shakespeare, FFS and Providing Value…
It is not about what you want; it’s about what the customer values. A pivotal concept in FFS is understanding what value clients see in the services you provide. Hence, knowing your client […]
Halfway to Paradise
Carol King co-wrote a song with this title made famous by Billy Fury: I want to be your lover But your friend is all I’ve stayed I’m only halfway to paradise So near, […]
Applying for a position
A drunk with a ragged, dirty look came in to apply for the position. The director of the winery wondered how to send him away. He gave him a glass to drink. The […]
The Debarment Process
Monday’s article, Debarment under the Loop, was based on a High Court judgment which led to the reinstatement of a representative who was debarred. Our article evoked a flurry of enquiries from the […]
NHI – Not All Plain Sailing
The proposed National Health Insurance (NHI) system is slowly but surely finding its way back into the media after a long lull. Reports earlier this week included a number of observations from luminaries […]
Binder Workshop Registration
Our extremely popular workshops on binder regulations and outsourcing agreements are now open for Registration. Since the last workshop, a lot more clarity was provided by the Regulator on its interpretation of these […]
Worrying times
A much improved bowling and fielding performance by the Proteas in the 2nd one day international was not enough to secure victory. They fell 17 runs short in the rain affected, Duckworth-Lewis influenced […]
Bleak Day at Black Rock
Aussies and Proteas Annihilated The Aussies got truly trashed by the English in the second test. Unfortunately the same fate awaits them in the remaining tests. Ignore the media hype regarding the series […]
