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A balancing act:  on lobbying regulators and ensuring fair regulatory outcomes

A balancing act: on lobbying regulators and ensuring fair regulatory outcomes

01 August 2014

In the article Avoiding the Problems that RDR will Cause the Independent Adviser, published by fanews.co.za on 9 June 2014, Michael Blain – then MD of Altrisk – shared his views on the likely outcomes and consequences of the Retail Distribution Review (RDR), with specific reference to remuneration models for independent financial advisers (IFAs).

Building consumer trust

Building consumer trust

01 August 2014

The insurance industry did not fair very well in the recent 2014 Edelman Trust Barometer, which is an annual survey that measures trust across various sectors. Overall, the industry performs very well in that good financial advice is provided, the products are solid, the claims are processed and paid timeously and customer service is excellent.

Be aware of your TCF surroundings

Be aware of your TCF surroundings

02 June 2014

Treating Customers Fairly (TCF) appears to have been difficult for insurers to implement as it marks the introduction of principle-based regulation by the Financial Services Board (FSB). No formal law or rules have been passed and no start date has formally been declared, says Danny Joffe, Senior Legal Adviser at Hollard Broker Markets.

Is importing legislation good, bad or just ugly?

Is importing legislation good, bad or just ugly?

02 June 2014

South Africa has a long history of importing legislation and sometimes regulators take the time to adapt it to local conditions, but sometimes they do not. This has been a significant topic of discussion over the past two years as various pieces of legislation are being developed in order to improve the state, and the performance, of the financial services industry.

quick poll
Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer
Evolution of the insurance landscape

Evolution of the insurance landscape

01 April 2014
Adjusting short-comings within SAM

Adjusting short-comings within SAM

01 April 2014
Ongoing commission… an adviser’s concerns

Ongoing commission… an adviser’s concerns

01 April 2014
Looking into 2013: The year of building

Looking into 2013: The year of building

01 February 2013
Clearing up CPD uncertainty

Clearing up CPD uncertainty

01 November 2012
POPI and Insurance

POPI and Insurance

01 November 2012
Your DOFA is more important than you realise!

Your DOFA is more important than you realise!

01 October 2012
What are a representative’s rights on debarment?

What are a representative’s rights on debarment?

01 October 2012
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