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FSCA issues public warning against KS Projects & Advisory Services

04 November 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (FSCA) warns the public to act with caution when conducting financial services related business with KS Projects & Advisory Services (Pty) Ltd (KSPAS). The FSCA suspects KSPAS of conducting unauthorised financial services business and breaching various financial sector laws.

COFI? Still percolating…

04 November 2021 | General

The South African financial advice community will have to wait a while longer before the long-awaited COFI Bill is enacted. Katherine Gibson, recently-appointed Deputy Commissioner at the Financial Sector Conduct Authority (FSCA), told the 2021 Financial Planning Institute (FPI) Professional Convention that the Authority was optimistic that the Bill would be submitted to Parliament before the end of 2021. And industry stakeholder will no doubt be holding thumbs that the regulator’s expectation proves accurate.

FSCA warns the public against My Wealth Method (Pty) Ltd (My Wealth Method) Registration No. K2014/001085/07

03 November 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

In light of the media enquiries and complaint received by the Financial Sector Conduct Authority (FSCA) and the public statements made by My Wealth Method, the FSCA considers it in the best interest of the public to disclose that it is currently conducting an investigation into the activities of My Wealth Method. The purpose of the investigation is to establish whether the business activities of My Wealth Method is in breach of any financial sector law.

Should this have been stated in the policy?

03 November 2021 | Short Term Ombudsman

We summed up some case studies from the Ombudsman for Short Term Insurance’s (OSTI) briefcase, which we thought would be interesting for our readers.

quick poll

Question

If I were tasked with taking my firm’s customer experience (CX) to the next level, I would:

Answer

Bake human into the mix Integrate CX into KPIs Map the full value chain Respond to consumer feedback

View the Results

Maintaining a vehicle can save a claim from being rejected

02 November 2021 | Short Term Ombudsman

FSCA warns the public against Mr S Shangase, an individual impersonating Bateleur Capital (FSP: 18123) on WhatsApp

02 November 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

FSCA issues public warning against Inyameko Trading 151 CC t/a Sanethemba/ Ithemba 0911 Funeral Scheme & Funeral Services

28 October 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

The FSCA warns the public against Ibhunga African Burial Society and Isilo so Dumo

28 October 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

FSCA warns the public against Cent Growth Investment (Pty) Ltd and Mr Tshepiso Mabitle

26 October 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

Take care when wielding regulatory power

26 October 2021 | General

FSCA warns the public against Global Investors Choice

22 October 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

FSCA warns the public against Ithala Capital Investments

21 October 2021 | Financial Sector Conduct Authority (FSCA) (was FSB)

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Compliance - Regulatory