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Banks and insurers showing a united front

12 November 2012

Attendees at the RGA Client Seminar, held in Johannesburg on 1 November 2011, were treated to a preview of the reinsurer’s RGA 2012 South Africa Bancassurance Survey. The survey reflects the views and opinions of 11 large banks and insurers active in Sout

The greatest deception in the financial advice space

29 October 2012

A number of our readers have responded to our newsletters on the topic of intermediary liability. In Financial Consumers KO Advisors, Does Treating the Advisor Fairly extend to the FAIS Ombud, and Can Independent Advisors Underwrite the Entire Financial S

Debt review is not a cure all solution

09 October 2012

A headline on iol.co.za caught my attention recently. It read: Fight to save house after R260 short-payment… The article which first appeared in The Mercury newspaper details how a Reservoir Hills family was forced to turn to the Durban High Court to obta

It is time for brokers to speak with one voice...

25 September 2012

On Wednesday, 12 September 2012, a group of eight brokers settled down over breakfast for a proactive solution-driven discussion about the financial services industry “issues” that most affect them. The event was the first in a series of FAnews Thought Le

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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