Who and what is the FIA? » FIA - Financial Intermediaries Association of Southern Africa

Many people aren't aware of the benefits of having a broker who is a member of a professional association, such as the Financial Intermediaries Association of Southern Africa (FIA).

But, what is the FIA, and why should you make sure your broker is a member?

All members of the FIA are authorized financial services providers or representatives of such providers. In terms of the FAIS Act their members must adhere to all the requirements prescribed by the Act and its Regulations.

In addition to the compliance and conduct requirements of the Financial Advisory and Intermediary Services (FAIS) Act, members are obliged to conduct business in terms of the FIA’s Code of Conduct. This code aims to ensure that intermediaries maintain a professional relationship with clients, the regulator and financial services product providers.

To read the full article on the FIA's website: Who and what is the FIA? » FIA - Financial Intermediaries Association of Southern Africa