Posted on 5 Jun 2018
The FSCA published their FAIS Newsletter Volume 26 May 2018. Please take some time to read “Update of the regulatory examinations” (page 3), which provides information on registering for examinations, amendments of examination dates, updated study material and more. RE 5 Exam deadline dates Any Representative appointed before 30 June 2015 must complete their RE … Continued
Posted on 5 Jun 2018
The new Fit and Proper Requirements [1] made provision for six new product categories (subcategories). In this article we discuss three of these product categories. Three new product categories (namely Long-term Insurance B1-A, Long-term Insurance B2-A and Short-term Insurance Personal Lines A1) were created ‘out of’ three existing product categories (i.e. Long-term Insurance B1, Long-term Insurance … Continued
Posted on 5 Jun 2018
The new Fit and Proper requirements [1] made provision for six new product categories (subcategories). In this article we only deal with two of these, namely CIS Hedge Funds and Structured Deposits. In 2015 hedge funds were declared collective investment schemes [2] and therefore, fell into the licence subcategory Participatory Interests in a Collective Investment Scheme … Continued
Posted on 5 Jun 2018
Client complaints to the FAIS Ombud are at a record high, which emphasises the importance for Financial Service Providers (FSPs) to keep comprehensive records of advice. The FAIS Ombud, who investigates and resolves complaints in terms of the FAIS Act and its Rules, received 10 846 complaints from 1 April 2016 to 31 March 2017. Rising … Continued
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This document illustrates the Privacy Policy for this Website, www.masthead.co.za
Personal Information
The privacy policy illustrates how Masthead (Pty) Ltd protects the information that is provided to it by its users.
Masthead (Pty) Ltd will not sell or rent its user’s personal identifiable information to third parties.
Sharing of Information
Masthead (Pty) Ltd may send personal identifiable information about its users to other companies or third parties should there be a need to share the user’s information in order to provide the product or service the user has requested.
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Electronic Communications
The user consents to the website’s agreements, notices and disclosures by visiting the website and receiving electronic information or communication by electronic means and this indicates that any legal requirements has been satisfied.
Changing of Information
Masthead (Pty) Ltd reserves the right to change the Privacy Policy on an ad hoc basis at its sole discretion. Masthead (Pty) Ltd is not responsible for the content or privacy practices of non-Masthead websites to which it refers.
Contact information
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Links to other sites
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