Intermediaries / Brokers / General

Top compliance tips for 2015

According to my records, this is now my eighth year of dispensing my top compliance tips for the coming year. After due deliberation, I once again lay them out as below. As with previous years, they are in no particular order of importance, and come with no implied warranties or guarantees, but taking these tips to heart and acting thereupon, will reduce compliance risk in your business. So here goes...

Retail Distribution Review to shake up retirement industry

Greater transparency in the retirement industry is critical if we are to close the massive pension shortfall facing the majority of South Africans. These are the words of Steven Nathan, Chief Executive of 10X Investments (10X), who says that the release of the Financial Services Board's (FSB) Retail Distribution Review (RDR) is a welcome step towards achieving the objective of greater transparency within the financial services sector.

Calling SAs risk and financial advisers brokers and intermediaries

Going beyond the call of duty

The Battle of Trafalgar was a defining encounter during the Napoleonic Wars. England won the battle after being inspired by a message by Admiral Horatio Nelson, in which the British sailors were told that England expects them to do their duty. At the end of the battle, it transpired that this message actually inspired the sailors to go beyond their normal duty in order to win the battle.