Treating Customers Fairly in Action
TCF is closer than we think. It appears to be on the FSB’s radar screen already, despite expectations that it will only become a reality next year. In an article we published on […]
Labour laws set for major overhaul
From stronger retrenchment safeguards to the inclusion of gig workers under formal labour protections, proposed amendments could redefine the future of work for millions of South Africans.
Hollard and Etana Merge
Judging from the media release on this transaction, it appears that there are many reasons why it is likely to be a huge success. Both entities are highly successful, and the merger will […]
2013 Annual FPI Convention and Expo
This year’s FPI conference boasts a host of industry authorities who will be tackling topical and current subject matter. The programme includes practical workshops and panel discussions by leading experts and opportunities to […]
FAIS Ombud Extends her Reach
We have long bemoaned the fact that determinations by the Ombud seemed to involve the advisor only, and not the product provider. In the recent Bekker determination, the Ombud makes the following point: […]
FSB Initiates Regulatory Action Against Old Mutual
In a media release on 21 May 2013, the Financial Services Board (FSB) announced that it has initiated regulatory action against Old Mutual for transgressions of Directive 159.A.i which applies to both the […]
Mixed Emotions
If you want to listen to Rick Nelson’s song as you read here, click on this link. Stormers 20 – Reds 15 The day after the match I saw a picture in my […]
Intermediary Service Definition Revisited
Common questions asked since FAIS was introduced include: “Does this constitute an intermediary service?” or “Must I be an FSP or representative?” The judgment on 16 May 2013 in the Supreme Court of […]
Jy’s Dof – B*gger Off
Beacon Radio (Wolverhampton) DJ Mark: For 10, what is the nationality of the Pope? Ruth from Rowley Regis: I think I know that one. Is it Jewish? Phil Wood Show (BBC Radio Manchester) […]
FSB Licensing Part II
On Monday, we discussed the process employed at Moonstone when assisting applicants with their licence applications. If you missed it, click here to download the article. On receipt of our application documents, the […]
FSP Licence Update
In the latest announcement by the FSB on the status of FSP licences, we see for the first time that failure to write the regulatory exams feature in the reasons for suspensions and […]
Reference Material for REs
Not a day goes by without us being asked for advice on the best study material for the level 1 REs. In terms of our status as an approved regulatory exam body, we […]
A marriage made in Heaven
On their way to getting married, a young Catholic couple was involved in a fatal car accident. The couple found themselves sitting outside the Pearly Gates waiting for St. Peter to process them […]
Justice delayed…
The Fidentia saga first came to light in March 2007 when J Arthur Brown and Graham Maddock were arrested. In February 2008, Maddock entered into a plea bargain and was sentenced to seven […]
Intermediary Services Explained
Most of you can probably recite the legal definition of “advice” and “intermediary services” off by heart, having studied for the REs, but how many know how to interpret it correctly? The FSB […]
2013 Annual FPI Convention and Expo
The 2013 Annual FPI Convention is just around the corner. Cited as one of the most prestigious and comprehensive conferences in this field, and with 800 delegates already registered, the convention promises to […]
