Compliance - Regulatory

FAIS Ombud Ruling: Complainant wins against misleading respondents

Local CIS industry grows to R1.54 trillion in first quarter

Local unit trust investors and their financial advisers are almost exclusively investing in South African Multi Asset portfolios, thereby effectively outsourcing asset allocation decisions to expert portfolio managers.

Retirement fund trustees receive governance training

In an industry that is undergoing significant regulatory changes and battling cases of corruption and poor administration, the spotlight has never shone so brightly on retirement funds. However, talking about reform and then teaching its principles and fine details are two entirely different animals.

FSB reports that industry costs will not lead to exclusion

Containing costs within the insurance industry has always been one of the foremost objectives of industry stakeholders, as it can significantly improve the health of the industry. Contained costs means that barriers to entry are significantly decreased, break even margins are more achievable and administration becomes less onerous. Even for smaller companies and independent intermediaries.