Results and Certificates
We receive numerous requests on a daily basis for copies of results, or RE 1 and RE 5 certificates from candidates who mislaid theirs. You can download this from our website in your own time, […]
New SARS filing feature could mean fewer verification delays
By addressing minor inconsistencies upfront, taxpayers may avoid verification delays and receive refunds sooner where applicable.
COI Article Responses
Last week’s article, Is Conflict of Interest a Double-edged Sword? drew a lot of comment. A short-term broker writes: I was faced with my agency being cancelled by an insurer due to lack […]
Premium Collection can be Costly
The Retail Distribution Review discussion document contains a number of proposals aimed at strengthening the regulation of premium collections by intermediaries on behalf of insurers. This should not take one’s eyes off what […]
Product supplier responsibility for advisers
Fais Circular 6 of 2013 announced the postponement of the Level 2 Regulatory Examination until further notice to allow the FSB to amend the qualifying criteria and investigate alternative delivery models in consultation with […]
Is Rugby Dying a Slow Death?
All Blacks coach, Steve Hansen, was not exactly charmed after watching two Six Nations matches last weekend, according to an article in the NZ Herald. Hansen outlined his fears for the game after […]
Pretoria Brooklyn Forum Examination Centre
Please note that no examinations will be scheduled for the period 16-03-2015 to 10-04-2015 at Pretoria Brooklyn Forum Examination Centre. We are upgrading the facilities to provide a wider range of services to […]
New Draft Pension Fund Circular
The Registrar released a draft circular titled, The Commencement of Participation, Termination and Re-Commencement of Participation of Participating Employers in Umbrella Funds, on 27 February 2015. The introduction states that the Registrar wishes to provide […]
Financial Statements for 2015
Last week, the Regulator sent a reminder to all registered FSPs regarding the above. In terms of the provisions of Section 19 of the FAIS Act, all authorised Financial Services providers (“FSPs”) are […]
Low Cost Medical Schemes Proposed
The Council for Medical Schemes (CMS) issued Circular 9 of 2015 on 13 February. The document invites comments on the proposed introduction of a Low Cost benefit Option (LCBO) Framework. The purpose of the framework is to […]
Nigeria makes progress in Boko Haram fight, sees weaker economic growth data
Amidst a brooding political environment ahead of the presidential elections on March 28, Nigerians received some good news this past week. After some notable military victories, President Goodluck Jonathan told Nigerians that the […]
Results and Certificates
We receive numerous requests on a daily basis for copies of results, or RE 1 and RE 5 certificates from candidates who mislaid theirs. You can download this from our website in your own time, […]
Tax Free Savings Schemes on Investment Indicators
The Moonstone Investment Indicators has, for many years now, been the only really independent source of comparison used by intermediaries when advising clients on annuity and guaranteed rates, as well as Money Market […]
New FAIS Email Inboxes
FAIS Information Circular 11/2015 contains 7 new specific email addresses for queries to the FSB’s FAIS Department. It also contains a complete list of all FAIS email inboxes that the external stakeholders should […]
Is Conflict of Interest a Double-edged Sword?
Conflict of Interest (COI) was addressed in detail in Board Notice 58 of 2010. Broadly speaking, it aimed to address the provision of incentives like overseas trips and other “extras” with the potential […]
Gesoek: Goeie Gebruikte Kristalbal
Die onvoorspelbaarheid van die uitslae in die eerste twee rondtes sal waarskynlik voortduur in week 3. Die Crusaders het byvoorbeeld hul eerste wedstryd verloor, wat nie snaaks is nie, behalwe dat dit op […]
Cutting Edge Regulatory Workshops
Anton Swanepoel’s popular, informative and practical Regulatory Workshops will be run again in March this year. There will be two presentations – one focussing on short-term intermediaries, and one for long-term advisers. The […]
More on Tax Free savings
Fees in respect of tax free investment The list of definitions states: A “fee” includes a management fee, administration fee or any similar charge; The regulations stipulate that “any fee charged in respect […]
