Was Suid-Afrika regtig so sleg?
As mens nie geweet het wat die eindtelling was nie, sou jy sweer die Bokke het Saterdag verloor teen Italië, aldus die media. Die eerste ding wat my opgeval het, is hoe groot […]
RAF faces claims surge if form falls
SCOPA says the RAF 1 form may have kept claims out of the system, leaving the Fund exposed to a wave of unrecognised liabilities if it is set aside.
South Africa – The Mad Hatter Parliament
It remains to be seen how long Deputy President Cyril Ramaphosa’s deal with opposition parties to restore the dignity of Parliament will last. While the chaotic scenes of Thursday, November 13, were certainly […]
Final dates for level 1 REs in 2014
Final dates for level 1 REs in 2014 Permanent Centres: 15 December 2014 (registration closes 28 November) Moonstone reopens on 5 January 2015, and the first exams will be available as follows: Permanent Centres: […]
Tax Free Savings and Investments
The required draft Notice and Regulations to allow the introduction of tax free savings accounts from 1 March 2015 was published by the National Treasury on 14 November 2014. The closing date for responses is 3 December 2014. The […]
Prioritising RDR Proposals
The FSB proposes to implement the RDR proposals in three broad phases: Phase 1: Changes to be effected within the existing regulatory framework, using existing subordinate legislative and administrative powers. These changes will […]
Ombud Settlement Cases
The FAIS Ombud’s annual report contains a list of trends picked up during the course of the year. The golden thread which runs through all of these, concerns insufficient disclosure across all sectors […]
Italy no Walk-over
Padova, where the Springboks play Italy over the weekend is apparently a beautiful city, boasting the largest square in Europe, the Prato della Valle. Hopefully, the South Africans will not approach the match […]
South Africa – Smoke and mirrors hide power agendas in Cosatu’s faltering house of cards
The role of the African National Congress (ANC) in the labour movement’s disintegration remains something of a mystery. While it is not clear what role the ruling party and the South African Communist […]
Financial Planning under RDR
Contrary to what many appear to think, the Retail Distribution Review is not about abolishing commission and forcing brokers to negotiate fees directly with clients. It is in fact a far wider process […]
Priority RDR Proposals
The FSB proposes to implement the RDR proposals in three broad phases: Phase 1: Changes to be effected within the existing regulatory framework, using existing subordinate legislative and administrative powers. These changes will […]
Bok Barometer
One gets a more balanced perspective on your team’s performance when you see what the opposition has to say. We copied the comments in the UK Telegraph, and inserted Sunday’s rating by Rapport […]
RDR and Short-Term Insurance
The discussion on the retail distribution review conducted by the FSB provides for the following proposals specifically as it relates to the short-term industry: Remuneration for selling and servicing short-term insurance policies It […]
Consider the Bigger RDR Picture
After attending the FSB’s seminar on Monday, I was actually at a loss as to where to start with conveying the contents of the Retail Distribution Review proposals. We will cover the proposals […]
RDR and Healthcare Advisers
Under the heading “Scope Limitations”, the discussion document on the retail distribution review states: Where distribution of medical schemes is concerned, certain aspects of the distribution model are regulated by FAIS, while the […]
Twilight at Twickenham
Both sides are desperate to win, and we can expect a tough, gruelling confrontation up front, while the English backs are likely to try and use their speed out wide. The Boks will […]
Claiming Reading Points for Continuous Professional Development
After the FSB announced the indefinite postponement of the Level 2 Regulatory Examinations and with it the adherence to Continuous Professional Development, a large portion of the industry is relieved that they “don’t have […]
Complaints Management Part 3
Last week, we discussed the first two specific findings on the effectiveness of complaints handling systems and the need for root cause analysis and corrective action stemming from this. Today, we share details […]
