South African advice industry stalwart Smorenburg dies
Derek was one of its biggest supporters but was never shy about pointing out areas of improvement
Why are South African advice firms so eager for M&A deals?
One industry commentator expects at least a couple of ‘significant’ deals
Analysis: South Africa’s commission conundrum continues
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.
South Africa to roll out delayed RDR by January, confirms FSB
South African regulator, the Financial Services Board (FSB), has confirmed that the first phase of the upcoming Retail Distribution Review (RDR) will be introduced on 1 January 2017 – six months after the original deadline.
Intermediary profile: Power to the voice of South African IFAs
Ahead of RDR implementation in South Africa, IFAs would do well to consider whether to stay independent and seek other sources of revenue, or pool together to minimise governance expenses, explains Derek Smorenburg, the man behind the South African Independent Financial Advisors Association (SAIFAA).