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Model Insurance finally faces the music

09 October 2014

It has been over a year since we profiled the fraudulent dealings which were taking place at Model Insurance and we are now finally seeing the first punitive actions taken against the company by the office of the Financial Advisory and Intermediary Services (FAIS) Ombudsman.

Determination: Risky advice

09 September 2014

One cannot help but look at some of the determinations handed down by the Financial Advisory and Intermediary Services Ombudsman (FAIS Ombud) and wonder what the adviser actually expected to get out of the investigation. There are times when the actions of certain advisers can only contribute to their own downfall.

FAIS Ombud determination: be diligent and treat clients fair

03 September 2014

Consumers rely heavily on the expertise and trust of a broker or an industry expert in order to give them the best advice.

The hard truth behind FAIS determinations

26 August 2014

As part of the media, we receive a large portion of the determinations which are dealt with by the Financial Advisory and Intermediary Services Ombudsman (FAIS Ombud).

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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