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Decision on Audenberg appeal against FAIS Ombud published

The FSB Appeal Board recently published its decision at a hearing held on 27 February 2018. The appeal was dismissed, but not before the Board expressed some very concerning comments on the office of the Ombud’s handling of the case. What is its mandate? Under the heading “Risk management”, ...
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FSB warns the public against Service You Need Enterprise & Tracing Service (S.Y.N)

The Financial Services Board (FSB) would like to warn the public to act with caution when dealing with Service You Need Enterprise & Tracing Service (S. Y. N) and Ms Samantha Langeveldt /Jonker around Pretoria area. N) and Ms Samantha Langeveldt /Jonker are not authorised to render any financial ...
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The local fund management industry in numbers (part 2)

Investment teams, decision-making, co-investment and ownership By Leigh Köhler, Head of Research at Glacier by Sanlam Introduction Collective investment schemes (unit trusts) provide so many of us with access to some of the best investment minds in the business, but deciding which one ...
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Retirement Funds and Divorce

A divorce is a highly stressful time for both parties and the last thing either party wants is for there to be complications around the allocation of retirement fund benefits. The Divorce Act allows a non-member spouse to claim a portion of his / her spouse’s accrued savings in a retirement ...
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Retirement funds can reduce financial vulnerability through financial literacy programmes

By Katherine Barker, Head of Momentum FundsAtWork   The latest Momentum/Unisa Consumer Financial Vulnerability Index (CFVI), which measures consumers’ perceptions of their financial state, shows that a lack of financial literacy is the main reason consumers are financially vulnerable ...
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Describes an investor who, when faced with two investments with the same expected return but different risks, prefers the one with the lower risk.
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