South African financial advisers are now able to write the Level 1 Regulatory Examination, which is compulsory for all financial services providers, in Afrikaans following legal opinion canvassed by the Financial Intermediaries Association of Southern Africa (FIA). According to Seamus Casserly, President of the FIA, the decision to offer the exam in [...]
Tag Archives | FAIS
Pension Fund Adjudicator dies
A life lived never to be forgotton It is with great sadness that we learned of the death of Charles Pillai yesterday (November 6, 2010). Pillai was best known as the first FAIS Ombud in SA where he served two terms of 3 years each. He was appointed Pension Fund Adjudicator in March 2010. Pillai [...]
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Promoting Financial Advisers
Be sure to watch CNBC Africa on Thursday nights at 21H30 in the month of November. November is the FPI’s Financial Planning Month, a consumer awareness campaign aimed at educating consumers about dealing with a professional financial planner. During the month a four-part television series “Secure your Financial Future” on CNBC Africa will focus on [...]
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FAIS for Leaders
Introduction The Financial Services Board of South Africa has published legislation that requires financial advisors and intermediaries to write a compulsory regulatory examination on the Financial Advisory and Intermediary Services Act and the Financial Intelligence Centre Act. Licensed financial services providers have to prepare their key individuals and representatives for the Regulatory level 1 (RE [...]
Regulatory Exams: Flavour of the Month
Regulatory exams are the latest buzz in the financial services industry. But what’s it all about and just who is affected by this piece of legislation asks Joe Kotze, National Manager: Compliance for the Financial Intermediaries Association of Southern Africa (FIA)… Examination bodies: The Financial Services Board (FSB) has approved and appointed four examination bodies [...]
Regulatory Exams – Testing Times Ahead
Whilst many advisors breathed a large sigh of relief as they managed to accrue the necessary credits at the end of last year and wondered if there would be any further tests of knowledge forthcoming from the Financial Services Board. For some time there were rumours and whispers that a further set of examinations would [...]
Tax Guide 2012
Latest Issue - 30 April 2012
In This Issue:
- Local and offshore ETFs
- Why stock selection is key
- Medical Survey - the cost of healthcare
- New player in life insurance market
Newsletters
Newsletter 17 May 2012: Lump sum versus debit order, 3 essentials for a confident investor
In today’s newsletter we look at investing with a lump sum or regular contributions – how do they stack up against each other? We also share three investment tips to cope with uncertainty. Being right about muddle-through hasn’t made investing any easier Most predicted that politically and often economically the year 2012 would be a [...]
