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23 June 2021 Financial Service Intelligence Watch

Statements about the effect of Covid-19 vaccines on life insurance policies

Financial Sector Conduct Authority

It has been brought to the attention of the Financial Sector Conduct Authority (FSCA) that there are inaccurate reports, particularly on social media platforms, which indicate that getting the Covid-19 vaccine will render life insurance policies 'null-and-void' because the vaccines are regarded as 'experimental medicine'.

It ...

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Update on Impilo Plus Insure; regulatory permissions now granted

On 18 February 2021, the Financial Sector Conduct Authority (FSCA) cautioned the public about conducting business with Impilo Plus (Impilo Plus (Pty) Ltd t/a Impilo Plus Insure), who were conducting unauthorised financial services. At the time, Impilo Plus was not authorised to provide financial services, as defined in terms ...

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Working Smart

By Lee Rossini

At the heart of the client-adviser relationship is trust. For a client to take a financial adviser into their trust is a sensitive and delicate process. Building trust always requires the same basic elements: truth, sincerity, perceived value, and the client’s confidence in the adviser. There are several principles that should assist in building trust between a financial adviser and client.


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