Essentially, an endowment is a life insurance policy, as defined in the Insurance Act. An endowment policy can be used as an instrument to create

A retirement annuity (‘RA’) is a retirement fund which is governed in terms of the Pension Funds Act. It is a tax-effective investment vehicle designed for

In a determination under the Financial Advisory and Intermediary Services Act (FAIS Act), issued on 6 December 2024, the FAIS Ombud ruled in favour of

The Office of the FAIS Ombud strives to empower consumers to take control of their financial future. Empowerment is only possible through improving one’s knowledge

On Thursday 24 October 2024, the Office of the FAIS Ombud launches its Annual Report for the 2023/2024 Financial Year. The launch of this year’s

In an increasingly complex world, disputes between consumers and financial service providers are inevitable. In collaboration with the FAIS Ombud, Office of the Pension Funds

A recent media report on consumers’ trust in their financial advisors requires some clarification and context. The report followed a webinar held on 14 August

The Office of the FAIS Ombud welcomes the publication of the Ombud Council Rules for the Ombud for Financial Services Providers, 2024 on 1 July 2024.

As we commemorate Youth Month, the Office of the FAIS Ombud reaches out to warn our future investors regarding the complexities and pitfalls of forex trading.

From 1 September 2024, the “Two Pot” Retirement System will come into effect, which will see your retirement savings split into a savings and a retirement