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FSB warns the public against Invest Acquired Holdings

20 October 2016

The Financial Services Board (FSB) would like to warn the public to act with caution when dealing with Invest Acquired Holdings. Invest Acquired Holdings is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (“FAIS Act”), to render any financial advice and intermediary services.

Lliquidation of saXum Insurance

17 October 2016

Last week we reported on the current happenings at beleaguered insurer saXum Insurance. They are currently engaged in an impasse with a service provider which is affecting policyholders.

FSB: Application for the liquidation of saXum Insurance

13 October 2016

The Registrar for Short-term Insurance today launched an urgent application in the Johannesburg High Court to place SaXum Insurance Limited (SaXum) under final liquidation.

FSB: Financial Education is Key to Driving National Development

04 October 2016

Financial education has been hailed as a key tool in empowering citizens and driving national development objectives. This is the underlying theme that emerged at the Seminar for Financial Education, hosted by the Financial Services Board (FSB) in collaboration with the Access to Insurance Initiative (A2II), International Association of Insurance Supervisors (IAIS) and the Finmark Trust recently.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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