When can you expect your results?
A number of people expressed unhappiness about the further extension of the final date for successful completion of the level 1 REs for key individuals and reps. Perhaps we should adopt the view […]
Levy increases for 2025/26 lower than initially proposed
Moonstone’s levy calculator enables FSPs to find out quickly how much they will pay to the FSCA, FAIS Ombud, and Tribunal.
Reaction to RE Postponement
We received a number of responses to the special mailing on Friday. Some commentators were angry, others understanding. Piet skryf: Hi Paul, ek is dankbaar vir van my mede bemarkers, maar dankbaar ek […]
FSB & JSE are world class
Financial Services Board (FSB) and Johannesburg Stock Exchange (JSE) are world class regulators The recently published Global Competitiveness Survey of the World Economic Forum (WEF) holds many reasons for South Africa to be […]
The One That Got Away
An article in Psychology Today carried the same title. It starts off with the following words: “Though we are designed to learn from our mistakes, remembering them is rarely enjoyable. Especially when they […]
Treating Customers Fairly
For most of us, TCF is something hovering vaguely somewhere in the ether. With a bit of luck, and if we ignore it long enough, it will go away. Sorry to burst your […]
The Price of Procrastination
I received a call from a broker a few weeks ago: R: I am writing on the 28th of September, and mark my words, if I do not pass, there will be hell […]
Extension of Deadline for RE's
The Financial Services Board (FSB) has today decided to extend the deadline by which persons that fall under the exemption previously granted by the FSB under Board Notice 61 of 2012 were required […]
Time and Tide
The song, Time and the river, is an old favourite, going back to the sixties, toe manne nog manne was, en die Bokke bo. The opening lines occurred to me when I was […]
Slow death
My wife was screaming at me: “Leave!! Get out of this house!” she ordered. As I was walking out the door she yelled, “I hope you die a slow and painful death!” So […]
Irregular Payments
How much justification is there for certain payments, over and above commission? Are you within the law in terms of certain levies you charge your clients? Billy Seyffert, Head of Compliance and Legal […]
New FSB Broadcast
The FSB’s Insurance division did a telematic broadcast yesterday, providing an update on its activities, and sharing new developments with the industry. The Agenda reads as follows: Binder Agreements: Outsourcing & Intermediary services […]
Licencing Assistance
The application process has become quite a procedure, as has applying for changes to an existing licence. Moonstone has a vastly experienced team to help you overcome the hurdles and hassles normally associated […]
Back to the drawing board
Whereto now, Coach? In retrospect, our first half against the Wallabies was not as good as the score would indicate. We did not play that well – it was rather that the Aussies […]
Duck you sucker
A duck walks into a pub and orders a pint of beer and a ham sandwich. The barman looks at him and says, “Hang on! You’re a duck.” “I see your eyes are […]
High Court Judgement on Deeb Risk Case
The judgement can be regarded as a ground-breaking ruling regarding the powers of the Ombud as an alternative resolution platform. The main point concerned the right of a respondent, against whom a complaint […]
Final RE registration date
The final date for registration for those who wish to write the level 1 RE’s before the end of September, is Monday,17 September. We added an extra day to the original schedule. The […]
