A thought-provoking opinion piece recently published by Professional Planner in Australia raises a challenge increasingly confronting financial services firms globally: whether the industry has become so focused on technical compliance, documentation and process that it risks losing sight of the actual purpose of regulation in the first place, namely delivering ...
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According to Citywire, South African financial advisers and businesses are facing growing regulatory, operational and reputational pressure to ensure full compliance with both the Promotion of Access to Information Act (PAIA) and the Protection of Personal Information Act (POPIA). Speaking during a recent SAIFAA webinar, compliance specialist Deryck Lottering warned ...
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According to a recent Moonstone article, the proposed Conduct of Financial Institutions (COFI) Bill may significantly reshape governance accountability within South Africa’s umbrella fund environment by placing greater emphasis on measurable member outcomes, governance oversight and conduct accountability across the retirement fund value chain. The discussion highlighted growing expectations that ...
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By Lee Rossini
In the current environment, fee transparency is a defining characteristic of a trustworthy and sustainable business. Clients are informed, cautious, and demanding about understanding what they are paying for. Transparency is both a regulatory requirement and a commercial imperative. Businesses that clearly explain their charges and value proposition are more likely to build long-term trust, strengthen client relationships, and differentiate themselves in a competitive market.
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