19 August 2010: A tougher economic climate and increasing pressure from regulatory authorities who are forcing insurance companies to take full responsibility for the actions of intermediaries conducting business on their behalf, is prompting some insurers to revise the terms of their agreements with brokers.
According [...]
New Code of Conduct
South Africans who engage with financial intermediaries are set to benefit from the Financial Intermediaries Association of Southern Africa’s (FIA) acceptance of a new Code of Conduct* and its decision to focus on identifying unscrupulous service providers and their products.
Published 13 July 2010 – In the latest update on Financial Services Providers licenses, Financial Services Board (FSB) Deputy Executive Officer for Market Conduct and Consumer Education, Mr. Gerry Anderson has stated that the FSB has finalised the processing of 19 986 (previously 19 905) [...]
23 June 2010: Google Street View, which launched in the country earlier this month and provides detailed imaging of streets and the exterior of homes, is the latest of a number of new media applications that present security challenges for millions of South Africans.
According to [...]
Congratulations to Mr. Campher van Driftsands Makelaars in the Eastern Cape!!! You are the winner of the Business Valuation by Celetis to the value of R10 000-00 by correctly predicting the score in the Final 25 – 17 to the Bulls. Well done and enjoy [...]
It is with great pleasure that I would like to congrulate Willie Greyling with his recent appointment as Chairperson of the Magalies Division.
I would like to wish him all the success with his appointment, I am sure he will carry out his new duties with [...]
This serves as a reminder that annual financial statements must be submitted to the FSB within 4 months after the financial year end of the FSP. You will find all relevant information, including examples of financial statements and guidelines on preparation of statements on the FSB website:
The Board of the FIA yesterday approved a document of commitment in terms of the FIA Code of Conduct. This commitment is an extract from the code which depicts the core of the obligations of all FIA directors, managers and members.
The FIA Code of Conduct [...]
Access to information in the insurance industry has proven to be a bit of a headache – not because there is too little information, just the opposite. In the past this has lead to confusion with consumers as to whom to trust and which sources [...]
The Financial Intermediaries Association of Southern Africa (FIA) represents more than 15 000 financial services advisers throughout Southern Africa. It is the only organization that fulfils this role. The FIA’s primary purpose is to represent, protect, promote and further the common interests of its members.
The origins of [...]
