Moonstone Information Refinery – Page 97 – Uncompromised Independent

Advisers ‘could charge more’ for the value they deliver

International comparisons suggest there’s scope for local advisers to lift fees above 0.5% of AUM, says Mark Polson of UK consultancy The Lang Cat.

Discovery Health, Bonitas, and Momentum Solutions say ‘increasing financial pressures’ are the reason for the contribution increases.

The Financial Services Tribunal hears another case involving a representative who ‘completed’ proof of address letter on clients’ behalf.

The High Court has dismissed the administrator’s second attempt to compel the Fund to resume processing medical scheme members’ claims.

Moonstone Compliance’s webinars demystify the Employment Equity Act.

No way to ‘cure’ soliciting investments in unapproved foreign schemes.

The FSCA plans to release the remaining modules in March 2024.

Investors are buying more put options than call options, which is driving up market volatility.

The FSCA and the FAIS Ombud have announced their proposed levy and fee increases for 2024/25.

The proposed liability exclusions in the Road Accident Fund Amendment Bill will hit medical schemes and short-term insurers hard, legal experts warn.

The free webinar will equip you to follow a risk-based approach to compliance, as required by the Financial Intelligence Centre.

In line with previous financial years, FSPs will be the main contributors to the Authority’s revenue from levies.

The Office can no longer look to the FSCA to make up for any shortfalls in income.

Bridging finance from National Treasury may not be required now that it has certainty of receiving levy and special levy income.

The Authority conducted an inspection on the company last year following allegations of its potential involvement in money-laundering activities.

Retirement industry bodies plead for a later implementation date, but Cosatu says 1 March next year is a ‘red line’.

The draft legislation allegedly restricts a road accident victim’s right of access to the courts and does away with general damages compensation.

Legal missteps in a substitution application have left a R2.5m claim against a law firm implicated in a 2010 Ponzi scheme dead in the water.