21 September 2017 Archives

Embrace change

Posted on 21 Sep 2017

New legislation, such as the Financial Sector Regulation Act, may appear daunting to independent financial advisors, but we believe it will achieve its objective as consumers regain confidence in the integrity of the financial services industry. The Financial Sector Regulation Act, commonly referred to as Twin Peaks, RDR and COFI[1], seeks to achieve a financial … Continued

Unclaimed Benefits – FSB Presentation and FAQ

Posted on 21 Sep 2017

In a previous article – FSB warns public against an unlicensed company – we shared the FSB’s warning against a company purporting to offer assistance to the public to claim pension surplus benefits in exchange for a fee. The FSB has since published a Presentation on Unclaimed Benefits. The presentation highlights issues surrounding unclaimed benefits … Continued

Proposed Replacement Policyholder Protection Rules

Posted on 21 Sep 2017

The Registrar of Long-term and Short-term Insurance gave notice of the release, for a second round of public comment, of the proposed replacement of the Policyholder Protection Rules under the Long-term and Short-term Insurance Acts. The proposed replacement of the PPRs are required to give effect to several conduct of business reforms. Comments may be … Continued

FAIS Newsletter (Volume 24)

Posted on 21 Sep 2017

The FSB published Volume 24 of its FAIS Newsletter on 1 September 2017, which covers: Regulatory Updates, addressing the Conduct of Business Report, Fit and Proper amendments and Exemption notices; A must-read article from the FIC Desk which contains very important information; Debarment of individuals who obtained fraudulent qualifications or RE results; Dormancy: Lapsing of … Continued

CMS PMB Definition Guideline: Early stage Colon and Rectal Cancer

Posted on 21 Sep 2017

On 4 September 2017, the Council for Medical Schemes (CMS) published the Prescribed Minimum Benefit Definition Guideline regarding Early Stage Colon and Rectal Cancer. The purpose of the guideline is to improve clarity in respect of funding decisions by medical schemes. The Regulations enacted under the Medical Schemes Act governs the provisions of the prescribed … Continued

MASTHEAD IS

A national supplier of risk management services to independent financial advisors and other licensed financial service providers (FSPs). Established in 2004, we help our clients overcome their risk management challenges so they can grow and thrive in an increasingly regulated industry. Providing professional guidance and practical support, our team of specialists is passionately committed to delivering tangible solutions.

Mastering Compliance Newsletters

21 September 2017

Embrace change

Unclaimed Benefits – FSB Presentation and FAQ

Proposed Replacement Policyholder Protection Rules

FAIS Newsletter (Volume 24)

CMS PMB Definition Guideline: Early stage Colon and Rectal Cancer

EARN CPD HOURS

Mastering Compliance Newsletters

21 September 2017

Embrace change

Unclaimed Benefits – FSB Presentation and FAQ

Proposed Replacement Policyholder Protection Rules

FAIS Newsletter (Volume 24)

CMS PMB Definition Guideline: Early stage Colon and Rectal Cancer

EARN CPD HOURS

MASTHEAD IS

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info@masthead.co.za

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