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Complacency is a sword of two edges

14 March 2016 | FAIS Ombudsman

In a recent determination by the Financial Advisory and Intermediary Services Ombudsman (FAIS Ombud), the complaint arises out of a claim that was repudiated on the basis that the complainant had not complied with a material condition in the policy.

One man’s loss is another man’s gain

10 March 2016 | Short Term Ombudsman

The simple act of taking a car without permission could leave a client liable if his or her child gets into an accident and injures someone or causes damage to another vehicle.

FSB warns against illegal funeral policies – six schemes under investigation

03 March 2016 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Services Board (FSB) is investigating six entities selling funeral policies and continues to warn the public to be cautious when purchasing such policies.

A year of struggles for the financial sector

02 March 2016 | Financial Sector Conduct Authority (FSCA) (was FSB)

After some stalling and delays, the Financial Services Board (FSB) has finally released its Annual Report for the 2014/15 period.

quick poll

Question

Are financial advisers ready for the combined impact of COFI and AI?

Answer

Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

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