Carl Roothman has been appointed as chief executive officer of Sanlam Private Wealth, with effect from 1 August 2018. (more…)
Fiduciary update with Louis van Vuren, CEO of FISA
Q: The Fiduciary Institute of Southern Africa is to hold its annual conference on 20 September at the Sandton Convention Centre. Tell us a bit about it. A: This is the eighth conference FISA will have held. It is building a strong name for being the place where academics and practitioners can discuss trends and […]
Compli-Serve KZN welcomes new compliance officer Tyran Naidoo
Compliance services firm, Compli-Serve, is pleased to announce the appointment of Tyran Naidoo as compliance officer to its Durban office. Tyran officially joined the team on the 2 July 2018 and brings a wealth of expertise and experience to the growing KZN office. (more…)
Bestmed Medical Scheme named as HR Future Technology Champion 2018
Bestmed has been named as the 2018 HR Future Technology Champion for the use of their HR Specific Technology to maximum effect. The announcement was made at the award ceremony preceding a two-day summit at The Capital Park in Johannesburg last Thursday evening. The victory comes after the medical scheme was named as finalist […]
Giving your child a quality education requires dedicated saving
Given the ever-soaring costs of tertiary education that have recently been widely publicised, parents need to consider this inevitability and should be prepared to budget for the pre-funding of future school education, as this expenditure continues to meaningfully erode the monthly income of an increasing number of South African households. (more…)
Investors in unit trusts could expect more taxes
In the recently published draft Taxation Laws Amendment Bill (draft TLAB), Treasury appears to have taken a tough and inflexible stance in addressing the ongoing industry debate on the income tax treatment of disposal of assets within a Collective Investment Scheme (CIS) – commonly known as a unit trust. Unfortunately, it now seems as though […]
Estate Planning: Death and Marriage go together like a horse and carriage
For most people the words “death” and “marriage” do not belong together in the same conversation. The last thing on people’s minds when they get married and enter into an ante-nuptial contract is death – the focus is usually around possible divorce. Likewise, when planning the affairs around our demise, very few of us would […]
Withdrawal of the Financial Planning Institute (FPI) as a recognised examination body
The FSCA confirms that the recognition of the Financial Planning Institute (FPI) as an examination body will be withdrawn. The process of transferring all examination data, records and archives over from the FPI to the FSCA will be completed by November 2018. The FPI will continue to provide the following support function until all examination […]
Fighting fire by managing risk
Property and business interruption losses as a result of wildfire have increased dramatically in South Africa. Managing fire risk is every property owner’s responsibility as experts warn that the world is becoming warmer and drier, increasing the chances of unwanted wildfire. (more…)
FSCA Commissioner appoints Divisional Executives
The Financial Sector Conduct Authority (FSCA) is pleased to announce that some of the key executive positions have been filled, it said in a statement today. In terms of section (62) (1)(a) of the Financial Sector Regulation Act (FSRA), Mr. Abel Moffat Sithole, as the Commissioner of the FSCA has appointed the following individuals on […]
Ecsponent secures US$5 million in international funding from Norsad Finance
JSE-listed Ecsponent Limited today announced that it has secured an international funding facility for US$5 million (R67- million) from Norsad Finance Limited at market-related terms. Ecsponent’s Investment Services business unit has raised R1.47 billion through its listed preference share programme between September 2014 and 31 March 2018. This capitalhas been deployed successfully and contributed to […]
