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The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with an entity called Ubuntu Society Forex Trading, which is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act), to render any financial advice and intermediary services.
The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services business with Rothschild Finance (Pty) Ltd and Rothschild African Loan Department. Rothschild Finance (Pty) Ltd and Rothschild African Loan Department are not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) to render any financial advice and intermediary services.
The Financial Sector Conduct Authority (FSCA) has concluded its investigation into alleged contraventions of the Financial Markets Act No 19 of 2012 (FMA 2012) by the Steinhoff Group in the period prior to the discovery of significant accounting irregularities at the Company in December 2017.
The past two decades have seen a large migration of stand-alone employer retirement funds into umbrella funds.
Are financial advisers ready for the combined impact of COFI and AI?