FIA Code of Conduct.

The FIA has recently launched our new Code of Conduct. The Code compromising 8 steps which ensures that all FIA Members comply with both current and forthcoming legislation when they interact with clients. CEO Justus van Pletzen stated that the Code is fully aligned with [...]

New jurisdictional limits for the ombudsman for short-term insurance

The Board for the Ombudsman for Short-term Insurance has announced new jurisdictional limits for complaints from consumers to the office of the Ombudsman, with effect from 1st December 2011.  To view the full press release click here

Jewellery store heist highlights need for effective risk strategy

08 December 2011: The recent armed robbery at a jewellery store in Germiston, Johannesburg that resulted in the death of a policeman could be as a result of a new crime syndicate. As a result, it is crucial that retailers – particularly those holding high [...]

Dube Tshidi re-appointed CEO of FSB

The Minister of Finance, Mr Pravin Gordhan has re-appointed Dube Tshidi to serve as Executive Officer of the Financial Services Board for a second term. Mr Tshidi has served in this position since 2009, and his new term will end on 30 June 2015. “For [...]

Welcome respite for intermediaries as regulators shift focus

There are many pressing issues for financial intermediary representative bodies to tackle through 2012. FAnews spent some time with Justus van Pletzen, CEO of the Financial Intermediaries Association (FIA) to find out which initiatives enjoy priority. The first issue he touched on was the importance [...]

Building a resilient short-term insurance industry in South Africa

The Strategic Risk Forum (the Forum) of Strategic Leaders and Risk Experts has held their first think tank to address the objectives of the Forum. These were to prioritise the high level strategic initiatives that the industry would recommend for collaboration involving all the relevant [...]

Do not undermine fiscus – Gordhan

Cape Town – Finance Minister Pravin Gordhan on Thursday warned against financial advisers “undermining” South Africa’s tax system in pursuit of profit. Opening debate on the Tax Administration Bill in the National Assembly, he said one thing the draft legislation did not do was transform [...]