Top 10 South Africa stories of 2017
By Tom Carnegie, 29 Dec 17
The establishment of new financial regulators and an overhaul of tax exemptions for expats were some of the top read stories by our South African audience in 2017. To see the others click through the slides.
South Africa’s IFAs learnt in June they would be held much more accountable for customer outcomes once the Retail Distribution Review (RDR) is fully introduced.
The news came from Caroline da Silva, deputy executive officer of of the financial advisory and intermediary service at the Financial Services Board (FSB), who said suppliers will be responsible for their products at all times, “but if they have any influence at all over a registered financial adviser (RFA) they are going to take responsibility for the adviser as well”.
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