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FSB puts its foot down

01 February 2018 | Featured Story

While the majority of the industry bemoans regulatory reform, many insurers, brokers and advisers within the industry understand why it needs to happen. There are just some practices that need to be rooted out completely. While the Financial Services Board (FSB) is happy with the fact that the majority of the industry is toeing the regulatory reform line, there is still work to be done.

The caveat of South African growth

31 January 2018 | The Stage

The economic roller coaster ride that the world, and South Africa in particular, has been on over the past two years is gaining momentum with no promise of stopping any time soon. While many countries in the rest of the world – particularly in Africa – have managed to grow their economies, the news has been bleak for South Africa. However, this is about to change.

Failure to comply strict breach entitles insurer

07 December 2017 | Featured Story

The simple act of failing to keep jewellery in a safe or taking reasonable precautions to care for an item can be grounds for an insurer to reject a claim. The issue for determination in the Ombudsman for Short-Term Insurance’s (OSTI) briefcase was whether the insurer, was entitled to reject a claim for the loss of Mrs. R’s tennis bracelet on any one of the following four grounds set out in the insurer letter of rejection.

Every little bit counts

05 December 2017 | Straight Talk

One of the subjects that we touch on very rarely from a financial planning perspective is saving towards education. Yet, over the past three years, this has been shoved into the spotlight through the FeesMustFall movement. The biggest issue is that higher education is simply too expensive to be accessible by the largest portion of the population. By all accounts, the missing middle is growing in size and stature on a yearly basis.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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Regulatory Reform: The FSB speaks out

04 December 2017 | The Stage

Cyber breaches are real

07 November 2017 | Straight Talk

How much is non-disclosure costing the industry

06 November 2017 | Featured Story

SARS taken to task by the Tax Ombud

31 October 2017 | The Stage

Cost of damages in millions

25 October 2017 | Straight Talk

A tough agenda

23 October 2017 | The Stage

The future role of the FSCA in a key industry

10 October 2017 | Featured Story

Annual report highlights broker costs up

09 October 2017 | Straight Talk

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