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An extremely important court case, which could have severe implications for the FAIS Act, is currently under way in Pretoria. At stake is the FAIS Ombud’s jurisdiction to make determinations about investments in property syndications.
The ‘good old days’ saw the trusted life assurance salesman flip out the good ole rate book, calculate the cover that the client could afford and the deal was done. Medicals were few and far between, as the modern-age dreaded diseases and lifestyle-associ
D-day for the Regulatory Exams (RE) has come and gone. For brokers who’ve been in the industry for many years but failed to write their FAIS regulatory exams by the due date it may well now be too late.
Earlier this week, there was a discussion on the regulatory exams on Radio Sonder Grense where a broker André, from Cape Town, said that, as far as he knows, the pass rate is between 10% and 15%. He added that, if he does not pass before the end of Septem
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?