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South Africa’s finance and risk advisers find themselves at a defining moment in the history of financial services provision.
“What if the insurance company you’re paying your premiums to every month is just pretending to be an insurance company, treating clients’ premiums as pure income – going through the motions of claims approval – and then just not paying?”
On 20 August 2013 a subsidiary of one of South Africa’s largest insurance companies announced that it would do away with the commissions paid to its tied agents – and to brokers who opt in – for selling financial products on its platform.
The Financial Planning Institute (FPI), celebrated the launch of their book entitled "The evolution of the financial services landscape", at its Inaugural VIP Stakeholder Function held in Sandton, Johannesburg, to highlight the industry’s key milestones a
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?