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Analysis: South Africa’s commission conundrum continues

27 Oct 17

Upfront commission remains a burning issue in South Africa, as the nation’s financial advice sector awaits the regulator’s next move following the signing of the ‘Twin Peaks’ legislation into law.

Upfront commission remains a burning issue in South Africa, as the nation's financial advice sector awaits the regulator's next move following the signing of the 'Twin Peaks' legislation into law.

With exclusive comments from Private Client Holdings’ Andrew Ratcliffe, Ascor’s Wouter Fourie, Kieron McRae of Carrick Wealth and Derek Smorenburg of the South African Independent Financial Advisers Association (Saifaa), click here to read this regional analysis in the latest South Africa edition of International Adviser’s IA Digital.

Tags: Ascor | Carrick Wealth | Commission | Derek Smorenburg | Disclosure | RDR | South Africa

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.