There are little over 5 weeks left before the deadline for writing the exams. It appears that many people who have recently registered opted for the last few weeks. There are mainly two reasons for this: 1. They want to make sure that they have enough time to prepare 2. They want to ensure a [...]
FAIS Exams Media Release by the FSB
We receive numerous enquiries every day from candidates about the issues addressed by the FSB in the press release dated 20 April and copied below. Our comments appear in Italics. In recent media reports there has been some miscommunication with relation to the RE exams. ...
regulatory exams
industry news
Income – consider the risk/return trade-off
Investors looking for income should consider the risk/return trade-off. All investments aim to generate a return, but there is a corresponding level of risk that impacts the return. Many investors rely on being able to draw an income from their capital lump sum, whether immediately or for a potential future income. John Kinsley, MD of [...]
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best practice
Administrative Services on behalf of Product Providers
Providing services to clients for which you are not reimbursed has always been part of the job. Back in the good old days, when most product providers paid more than lip service to the term “client care”, it was a pleasure working together to resolve issues, and both parties scored in terms of client retention. [...]
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legislation
Continuous Professional Development: Part I
An overview of the FSB’s proposals on continuous professional development, or CPD. The draft is available on the FSB website, as well as on the Moonstone website. We look at why this ongoing learning process will be introduced. The following extract comes from the draft proposals posted by the FSB on its website. PURPOSES OF [...]
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paul's perspective
Who should “Front” the onslaught?
The tight five chosen to represent South Africa against England in next month’s three-test series will play a major role in the outcome of the series. Starving the English of possession will nullify their supposed advantage in terms of speed at the back. I read last week that you first select your tighthead, and then [...]
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lighter wyn
Having a whale of a time
Having a whale of a time I walked into a pub last night. There were two burly girls drinking at the counter. I noticed that they had strange accents so I asked them: “Hi, are you two girls from Scotland?” One of them screamed at me: “It’s Wales you idiot, Wales!” So I immediately apologized [...]
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Slow down you move to fast
A London lawyer runs a stop sign and gets pulled over by a Glasgow copper. He thinks that he is smarter than the cop because he is a lawyer from LONDON and is certain that he has a better education then any Jock cop. He decides to prove this to himself and have some fun [...]
FSB Directive on Outsourcing of Business
The purpose of this directive is to “…direct long-term and short-term insurers (‘insurers’) to comply with the requirements set out in this Directive when outsourcing an aspect of their long-term and short-term insurance business (‘insurance business’) to another person.” The Directive sets out the general and overarching requirements that an insurer must comply with when [...]
RE 3 and 4 Preparation Guides
As indicated above, those Key Individuals who need to write these exams now have preparation guides specifically aimed at helping them prepare correctly. Please click here to download the NEW guide for RE4, and the Amended Guide for RE 3. Please note the following excerpt from the disclaimer: The material in the Preparation guide is [...]
An Exam by any other Name
In answer to Shakespeare’s question “What’s in a name?” I have to say: “A heck of a lot” when talking about the regulatory exams. I sometimes wonder whether re-naming the different regulatory exams would not be a good idea. Using military ranks like troepie and korporaal, rather than Rep and KI, would make a lot [...]
Burger oorlog in Bloem!
Super 15 Line-up for the weekend Highlanders/Bulls in Dunedin My colleague and ardent Bulls fan (is there any other type?) says he is quite happy with what his team has achieved so far. Even if they score no more points on tour, he regards it as mission accomplished. This weekend’s clash against a formidable Kiwi [...]
Identifying yourself Correctly
The professional nature of the regulatory examinations requires one to be officially identified at the venue before writing. There are three recognised documents which can be used: Your green bar-coded ID document, your driver’s licence or a valid passport. Failure to produce such a document will result in you being refused permission to write the [...]
The Playoffs are Nearing
The unexpected losses of the Crusaders, Chiefs and Highlanders put a new perspective on just who will make the final six. The rules of the competition make for some interesting possibilities, and the scramble for a place in the playoffs suddenly became a lot closer than before this past weekend. Op dieselfde tema vra Bobby [...]
How not to Convert a bear
A Catholic Priest, a Baptist Preacher and a Rabbi all served as Chaplains to the students of Northern Michigan University at Marquette in the Upper Peninsula of Michigan. They would get together two or three times a week for coffee and to talk shop. One day, someone made the comment that preaching to people isn’t [...]
Daar lê die Ding
Die spelers wat vir die Springbokke op nommers 15, 10 en 9 gaan uitdraf, sowel as die plaasvervangers in hierdie sleutelposisies, kan bepalend wees in die uitkoms van die reeks. Fourie du Preez se aankondiging dat hy hom nie “onbeskikbaar” stel vir die Bokke nie, maar net in geval van nood sal speel was vir [...]
Submission of Compliance Reports
FSB FAIS Circular 5: Submission of Compliance Reports and Financial Statements This document contains important information about compulsory returns every FSP should take notice of. The non-submission of financial statements and compliance reports are the chief reasons for FSP licences being suspended. To prevent this from happening to you, we recommend that you download and [...]
- Top ref admits he did bad job
- Quotas, Bouch & Hansie!
- To retire or to be left behind?
- Summertime and the cricket starts easy…
- Proteas wilt under lights & Lions at last!
- Continuous Professional Development: Part I
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Having a whale of a time
- Income – consider the risk/return trade-off
- RE Deadline Approaching Fast
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Who should “Front” the onslaught?
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Alex: Also a point I forgot to mention, is that every wo...
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Paul: Send us a picture, at least, JB! I had a similar p...
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J.B. LE ROUX: We as brokers often complain our clients do not ap...
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Pienk Jan: 'n klubspan in Frankryk speel in pienk rugby trui...
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