Financial services Ombud is there to hel...
Financial services Ombud is there to help you
In recent months the financial services ombud has received a lot of coverage for the work they do in protecting the rights of investors who have been mislead by financial advisors and in particular cases that involve unlisted shares. The promise of huge returns when a company lists on the stock exchange...
Retirement savings withdrawal to become ...
Retirement savings withdrawal to become more difficult
The overwhelming message at the Asisa convention was that retirement savings are for retirement and the ability to withdraw money earmarked for retirement early is going to be made more difficult in the coming months through legislation. Provident funds are to be retired so to speak and the ability of...
Financial Advisers exams create an uproa...
Financial Advisers exams create an uproar
Financial advisers have come under increasing scrutiny in recent years and the latest introduction of examinations that every financial adviser needs to write in order to remain a financial adviser has seen some extreme opposition by financial advisers. The FSB ordered that financial advisers need to...
Surplus fund stripping case finally over...
Surplus fund stripping case finally over
The stripping of surplus funds from a number of South Africa’s pension funds in the 1990′s started a storm that has taken up until now to sort out and has seen high profile businessmen receive suspended sentences and fines for their part in the surplus fund stripping. Members of the following...
Pensioners Beware of unrealistic returns...
Pensioners Beware of unrealistic returns
Penioners are under increasing pressure to make their investments go further and often fall victim to unscrupulous financial advisers who promise unrealistic returns. These are the lowest of the low who are preying on people who are feeling insecure about their future retirement income, convince them...
What to do if you have been scammed and ...
What to do if you have been scammed and stand to lose your retirement savings
All too often we hear about people who have been advised to invest in schemes whose returns turn out to be dismal or in some cases the schemes are illegal and people have ended up losing their retirement savings. There are a few reasons why people are prepared to withdraw their retirement savings and...
Unclaimed pension fund benefit search...
Unclaimed pension fund benefit search
Unclaimed pension fund benefits amount to a whole lot of money which is sitting in the coffers of the Insurance companies awaiting distribution and you could be one of the lucky ones who is able to collect. If you or anyone in your family has been with a few different companies over the years and contributions...
Pension funds and retirement protection...
Pension funds and retirement protection
There are various bodies that either govern the manner in which retirement and pension funds are administrated with the aim of protecting the contributions. These bodies are there to protect you as a contributor to a fund and to govern the manner in which fund administrators conduct themselves. You,...