The Financial Intermediaries Association of Southern Africa (FIA) represents more than 15 000 licensed financial services advisers throughout Southern Africa. The origins of the FIA date back more than 50 years, with the organisation having recently evolved into a single, united national body representing the bulk of active licensed intermediaries in South Africa’s financial services industry.
The FIA’s primary purpose is to represent, protect, promote and further the common interests of its members.
By belonging to the FIA, intermediaries can trust that they have the support of an influential organisation with the necessary stature and legitimacy to represent them at the highest levels of the industry, including regulatory bodies and industry associations.
The FIA enjoys a large and steady national membership comprising financial services intermediaries who cover the broad spectrum of financial planning.
All members of the FIA are authorized financial services providers or representatives of such providers. In terms of the FAIS Act our members must adhere to all the requirements prescribed by the Act and its Regulations.
In a challenging and ever changing environment the FIA plays a vital role in influencing regulators and legislators with the promulgation of insurance laws, and to facilitate them an in-depth understanding of this complex industry which includes intermediation.
The FIA’s primary purpose is to represent, protect, promote and further the common interests of its members.
The FIA has recently launched our new Code of Conduct.
The Code compromising 8 steps which ensures that all FIA Members comply with both current and forthcoming legislation when they interact with clients.
CEO Justus van Pletzen stated that the Code is fully aligned with the FAIS Act and is also aimed at ensuring that intermediaries are aligned with future legislation such as Treating Customers Fairly, and ensures that all our members are able to align their businesses with the new legislation as easily as possible.
Die FIA het onlangs ons nuwe Etiese Kode bekend gestel.
Wanneer FIA lede die 8 stap Kode navolg gedurende hul interaksie met kliënte, word daar voorsien dat daar ook dienooreenkomstig voldoen sal word aan wetgewing.
HUB Justus van Pletzen noem verder dat die kode ten volle belyn is met die FATD wetgewing en ‘n verdere oogmerk is om te verseker dat tussengangers ook aan toekomstige wetgewing soos onder andere “Treating Customers Fairly” sal voldoen en te verseker dat hul besigheidsaktiwiteite outomaties met die toepaslike wetgewing belyn is.
