And Justice for All
In Monday’s Moonstone Investment Indicators we discussed a recent determination by the FAIS Ombud, with specific reference to the appeal by the respondent for the opportunity to lead evidence and cross question witnesses. […]
Banxso licence withdrawal – FST dismisses reconsideration bid
The Tribunal dismisses separate applications brought by Banxso and four executives, saying they lack legal standing.
Qualifications re-visited
Board Notice 135 of 2012 contains the latest information pertaining to approved qualifications. There are two bits of good news: It is printed in landscape format, so older readers like myself will not […]
DOFA Demystified
Newcomers to our industry is often baffled by the seemingly endless array of abbreviations. DOFA is not a person who is not very bright, nor is it an airport in the Middle East. […]
Post Mortems and Previews
Felicitations It is early days yet, but our athletes at the Paralympics are really doing us proud. In fact, for me it is a humbling experience to watch these wonderful people achieving great […]
Puns for the educated
1. King Ozymandias of Assyria was running low on cash after years of war with the Hittites. His last great possession was the Star of the Euphrates, the most valuable diamond in the […]
Is the Ombud System Fair?
The jurisdiction of the FAIS Ombud has been questioned on a number of occasions, notably in the current High Court case between the Ombud and Deeb Risk, and yet again in a later […]
FSB Communications
On 29 August, the FSB broadcast a workshop aimed specifically at independent financial advisors. The title of the presentation is: “What’s new, and what to be aware of”. The Agenda covered the following […]
FSB Levy Deadline
The annual levies payable to the Regulator is calculated on your position as at 31 August 2012. This is for the period 1 April 2012 to 31 March 2013. Should your information have […]
Heyneke Meyer's letter to Pat Lambie
Posted on 27/08/2012 by Sportbilly In the scoop of all scoops, it has come to our attention that Heyneke Meyer sent Pat Lambie a letter ahead of the last Springbok game against Argentina […]
Proteas Dethrone English
I became quite loud on Monday as the match between the Proteas and England progressed. After the elation of watching Amla yet again re-writing the record books, I posted on Facebook that Hashim […]
A bit about Golf
I recently completed work on my latest book on golf and am quite proud of the results. In order to market the publication, I’m asking friends and family to spread the news about […]
Disclosure of Costs
A recent finding by the FAIS Ombud will probably cause product providers to rethink how they disclose costs, including commission, in quotation packages. The General Code of conduct stipulates that a provider “…must, […]
Service Level Agreements
It is no secret that the myriad of controls required by the Regulator is not often viewed in a positive light. Feedback after visits by the FSB to broker practices confirms that FSPs […]
Periscope Up
Business forecasts normally appear towards the end of the year, together with reviews of the past year. The financial services industry, and particularly financial advisors, would be well advised to conduct this exercise […]
RE Results
As we near the final cut-off date for FSPs who have yet to write (and pass) the exams before 30 September, one can sense the anxiety in the enquiries we receive. Please know […]
Manhandled in Mendoza
NZ 22 – Australia 0 It took the All Blacks more than 25 minutes to score their first points. Full marks to the Wallabies for keeping the game tight, minimizing opportunities for the […]
Proceed with caution
Whilst at the Olympic games in London, I was standing in a bar in Chelsea, minding my own business, when this little Chinese guy comes in and stands next to me. I turned […]
