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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.

Ombudsman orders insurer to pay interest on delay it did not cause

01 March 2016 | Life Ombudsman

Insurance company Liberty Life’s attempt to avoid interest charges on a delayed payment has been dashed by the Ombudsman for Long-term Insurance following a complaint received.

quick poll

Question

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

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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