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The fair treatment of customers… COFI

02 July 2019 | General

Munich Re recently hosted a Life Claims and Underwriting Seminar where key topics including the fair treatment of customers and the current regulatory framework and insurance were discussed.

Complaints of contributions not being paid to pension funds

01 July 2019 | PFA - Pension Fund Adjudicator

The Pension Funds Adjudicator is receiving several complaints about contributions not being paid on behalf of members to pension funds.

FSCA warns the public against yes money loans

28 June 2019 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (“FSCA”) warns the public against doing any financial business with Yes Money Loans, who is not authorised, in terms of the Financial Advisory and Intermediary Services Act, 2002 (“FAIS Act”), to render any financial advice and intermediary services.

FSCA warns the public against Ekasi Bucks Insurers, a division of Ekasi Bucks Ecosystem (Pty) Ltd

28 June 2019 | Financial Sector Conduct Authority (FSCA) (was FSB)

The Financial Sector Conduct Authority (“FSCA”) warns the public against doing any financial business with Ekasi Bucks Insurers, a Division of Ekasi Bucks Ecosystem (Pty) Ltd, who is not authorised, in terms of the Financial Advisory and Intermediary Services Act, 2002 (“FAIS Act”), to render any financial advice and intermediary services.

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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