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Increased claims are a sign of the times

04 June 2019 | Short Term Ombudsman

Over the past three years, the South African economy has faced tough times. This has filtered down to the financial services industry where policyholders are feeling the pinch of the economic environment; these effects are being felt by the financial services industry where it is a case of business unusual as opposed to business as usual.

ASISA Board appoints new Chair and Deputy Chair

03 June 2019 | Association for Savings & Investment SA (ASISA)

The Board of the Association for Savings and Investment South Africa (ASISA) has appointed Thabo Khojane, Managing Director of Investec Asset Management South Africa, as its new Chairman and Ian Kirk, Group Chief Executive of Sanlam, as the new Deputy Chairman.

Non-compliance… why take the risk?

30 May 2019 | General

The Information Regulator in SA published the final Protection of Personal Information (POPI) regulations on 14 December 2018.

Draft Conduct Standard for board members of pension funds

23 May 2019 | General

The Financial Sector Conduct Authority (Authority) has published a draft Conduct Standard for determining the minimum skills and training requirements for board members of pension funds. Comments are required by 4 July 2019 in the prescribed format. Below is a summary of what the draft Conduct Standard aims to achieve.

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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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