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Compliance - Regulatory

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Mother fails in bid to claim all of son’s death benefit for herself

Mother fails in bid to claim all of son’s death benefit for herself

A child born two days before her father’s death has qualified to share in the death benefit on the basis of being a dependant by virtue of being the child of the deceased.

FSB: Retail Distribution Review (RDR) status update as at December 2016

FSB: Retail Distribution Review (RDR) status update as at December 2016

The Financial Services Board (FSB) has published a status update on progress with implementing the proposals of the Retail Distribution Review (RDR).

5 things to do before closing for the December holidays

5 things to do before closing for the December holidays

09 December 2016 | General

This time of the year in the wild and wonderful world of compliance, we usually see an influx of draft or issued information letters and requests, directives, board notices and the like from the regulator.

A pension fund must consider personal factors

A pension fund must consider personal factors

09 December 2016 | PFA - Pension Fund Adjudicator

A pension fund must take into account the personal circumstances of beneficiaries when distributing the proceeds of a death benefit, says Pension Funds Adjudicator, Muvhango Lukhaimane.

quick poll
Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer
A need for financial services providers to reinforce monitoring mechanisms over representatives

A need for financial services providers to reinforce monitoring mechanisms over representatives

05 December 2016 | General
FSB issues warning about a letter scam

FSB issues warning about a letter scam

More Sharemax skeletons escape the closet

More Sharemax skeletons escape the closet

25 November 2016 | General
An informed decision doesn’t mean that it is the right decision

An informed decision doesn’t mean that it is the right decision

Protect yourself against the financial risks of critical illness this Movember

Protect yourself against the financial risks of critical illness this Movember

Industry reflection shows areas that need improvement

Industry reflection shows areas that need improvement

15 November 2016 | FAIS Ombudsman
FAIS Ombud releases its Annual Report for the financial year 2015/2016

FAIS Ombud releases its Annual Report for the financial year 2015/2016

11 November 2016 | FAIS Ombudsman
A high number of complaints and lack of service

A high number of complaints and lack of service

10 November 2016 | PFA - Pension Fund Adjudicator