Updating your Records at the FSB
The article we published last week was based on information contained in the FSB FAIS circular 13. This proved to be a rather unfortunate number. We publish below relevant excerpts from the article, […]
Life insurers top R5 trillion as growth masks rising risk pressures
Strong market performance lifts assets to record highs, but lapses and protection gaps persist beneath the surface.
Steyn & Co – Unlimited!
The first time it happened was against the Aussies – I think we all thought it was a once off; A slip on the part of Australia, just one of those inexplicable cricket […]
FAIS Ombud Indicts Product Provider
It has become a hackneyed phrase to term an event “ground breaking”. In this instance, I think it applies. We have for a very long time voiced our concern over the fact that […]
Fopdosser?
Fopdosser? Thanks, Val, for sharing this. Twee meisie-veldmuise sit elkeen met n pakkie kaaskrulle en praat oor hul kêrels. Die een meisie-muis haal ‘n foto van haar muis-kêrel uit en wys dit vir […]
Honesty and Integrity
I can still recall my initial reaction, way back when, when I first read that honesty and integrity would be one of the fit and proper requirements. There is no disputing the need […]
False Rumours about Final RE Date Extensions
A big financial institution advised their advisors, quite correctly, that those appointed in 2011 have until the end of 2013 to write and pass the level 1 REs. A number of people misinterpreted […]
Updating your Info at the FSB
Newsletter 13 provides guidance on how you can ensure that your records at the Regulator are up to date. The onus is on you to ensure this, so please follow these easy guidelines: […]
More Preparation Workshops for level 1 REs
The FSB scheduled a series of workshops across the country, as well as a telematic broadcast to its usual centres around the country. Please refer to the schedule below. To register please […]
Graeme Smith, Pakistan and Wine
Ton up! Special mention and congratulations must be conveyed to our fearless leader, Graeme Smith – well played Sir, on a 100 tests as Captain! We have been privileged as supporters to grow […]
FSP Numbers
The latest figures released by the FSB shows that 313 FSPs had their authorisation suspended between 4 December 2012 and 24 January 2013. There were relatively few other “offs” and “ons”, with the […]
Compliance Officer Exemption from REs
Board Notice 207 of 2012 was published on 14 December 2012, and now stipulates that the compulsory regulatory exam for COs must be written by 31 December 2013. “Compliance officer” means a compliance […]
FSB Newsletter 13
The latest newsletter from the FSB focuses on communication with the FSB. A number of readers were unable to open the link contained in e-mail sent on Friday. We obtained a copy this […]
Experience, death bowling and trophies…
The most important lesson we can take from the one-day series against the Black Caps is the there is no replacement for experience. Blooding the youth is vital to the sustainability of a […]
Understanding the Male Psyche
This is a story which is perfectly logical to all males: A wife asks her husband: “Could you please go shopping for me and buy one carton of milk, and if they have […]
Expediency and the Ombud
“The FAIS Ombud’s role is to resolve disputes between financial services providers and their clients in a procedurally fair, informal, economical and expeditious manner.” Thus reads the home page of the Ombud’s website, […]
Re-Write Deadline Looming for level 1 REs
Those who qualify for the extension to write and pass the regulatory exams before the end of March 2013, need to heed the final date for registration. Wednesday, 6 March, is the last […]
