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The Stage
Driving a strategic imperative

Transformation of the financial services industry – on all levels – has been one of the key focus areas for government over the past few years. Government acknowledges the important role that the sector plays in the economic growth of the country and wants to make sure that it is accessible to all South Africans. This was the motivation behind the launch of the Financial Sector Transformation Council (FSTC), which was previously the Financial Sector Charter Council.

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Straight Talk
FSCA feedback on RDR Phase 1 and 2

When the Financial Sector Conduct Authority (FSCA) introduced the Retail Distribution Review (RDR) into the industry, there was a lot of criticism that the market didn’t need this kind of regulatory intervention. Further, RDR would cause unintended consequences that would increase the barriers of entry into the industry.

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Featured story
The road to a healthier South Africa

Over the past five years, there has been a significant international focus on ways to get people to live healthier and to exhibit better driving habits. While there are many of these success stories in South Africa, Discovery reports that South Africa is behind the curve when it comes to their health and their driving habits.

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Quick Polls

QUESTION

The FSCA has said that the intrusive nature of regulation actually benefits insurers and intermediaries. Is this the reality on the ground?

ANSWER

Yes, intrusive regulation has helped us see how we can work towards better customer service
No, intrusive regulation comes at a cost and a major headache
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FAnews October 2018 EditionGet the latest issue of FAnews

This month's headlines

Adviser concerns… 2018 and beyond
I am a FAIS Key Individual. Now what?
Why should investors care about climate change?
Eternal life...on earth?
Meeting the 24-7 customer demand
Questioning the rising costs of motor vehicle parts
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