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Are we throwing the law and common sense out of the window?

03 December 2014 | General

As a broker, you try your best to cater for all of your clients’ needs. However, in an increasingly litigious age, we cannot be complacent when catering for these needs. Brokers need to be on top of their game in every aspect of every function they do, even if they are tempted to become complacent.

Is the industry facing a case of micromanagement?

02 December 2014 | General

People often do not like change because it means that they are taken out of their comfort zone and put into a position where they have to adapt or they will fail. Individuals who have a clear vision of how it will affect them thrive with change, despite their apprehension towards it. However, if there is a lack of clarity associated with this change, individuals will find themselves on the precipice of disaster.

FSB welcomes overturning of sentence on Fidentia’s J Arthur Brown

02 December 2014 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Services Board (FSB) is delighted with the decision by the Supreme Court of Appeal to overturn the overly lenient sentence handed down by the Western Cape High Court to J Arthur Brown, former CEO of Fidentia.

Hospital cash plans under attack

19 November 2014 | Association for Savings & Investment SA (ASISA)

The South African life insurance industry reported a reduction in the number of fraudulent and dishonest long-term insurance claims uncovered in 2013 compared to 2012. The value of these claims, however, increased substantially from R669.9 million in 2012 to R794.5 million in 2013.

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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