Compliance and Legislation (Available when requested)
- Accreditation Certificates
- Compliance Certificate
- BEE Certificate
- Regulatory Disclosure
- Registration Certificates
- Complains Procedure processes document
- Services under supervision
- Tax Clearance Certificates
- VAT Confirmation
Compliance and Legislation (Available when requested)
Investment and Insurance Planning Services
Personal Financial Planning / Group Financial Planning
Process
1. Initial meeting with you to gather information and assess your needs and goals.
2. Collation and summary of information and preparation of plan including comments and recommendations.
3. Further meeting and presentation and discussion of proposals with you.
4. Finalisation of proposals.
5. Your portfolio will be reviewed annually and plans re-
Commissions / Fees
Commissions are paid to Wezi Financial Advisors by the various Insurance Companies / Investment Houses, for investments or insurance policies that are placed with them. These commissions are fully disclosed in every quotation that is given to you.
If a Financial Needs Analysis is requested by you, advice provided or recommendations made, a fee will be charged at a rate of R0-
Wezi Financial Advisors also offers an additional service, which is paid exclusively on a fee basis. This is a comprehensive financial package and includes advice on a broad spectrum of personal financial planning issues.
E.g. home loan finance, budgeting, wills, trusts, tax, estate planning, car & house insurance etc.
Our aim objective when taking on new client is the achievement of life and financial goals and financial independence. This is achieved through regular financial assessment and guidance over a period of time.
Business Planning
Advice and assistance can be provided to small / medium size businesses in the following areas:
Buy and Sell Insurance
Key-
Employee Benefits. E.g. Pension / Provident Funds, Medical Aid, Group Life Assurance, Disability, Funeral Benefits etc.
Confidentiality
All information provided to our offices by you or by a third party, is kept strictly confidential. No information is shared or passed on to another person without your permission.
FICA Requirements
Should you become a client of our company, you will be obliged in terms of current international money laundering legislation (FICA) to provide the following documentation and information. Should these not be provided, I will not be able to enter into any transaction with you.
A copy of your ID Book or Passport
Proof of Residence, e.g. Rates account, Phone bill etc.
Income Tax reference number, if applicable
DISCLOSURE INFORMATION
FSP Name Wezi Financial Advisors FSP number 44075
Physical address 1724 Galahad Street, Dawn Park , Boksburg 1449. Postal address 100 Greybuck Street, Dawn Park, Boksburg 1474.
Work number 0110410199 Fax number 0118699561
E-
I, Andrew Banda, am an independent financial advisor.
Qualifications and Industry-
BCom Risk Management -
Licenced sub-
I am licenced to sell the following products.
Long-
Health Service Benefits
Participatory interests in Collective Investment Schemes Long-
Professional Indemnity Cover
I do hold Professional Indemnity cover for R1, 000, 000.
Compliance Officer
Key Comply cc
Meera Vala 082 601 5794
011 4544783 PO Box 752415, Gardenview, 2047
Mandate
I have a written mandate from the following product suppliers to market their products:
Liberty
1life Discovery Life
Stanlib Old Mutual
Sanlam ABSA Insurance
Auto & General
New National Regent Unity
Altrisk Oakhurst Santam
General
I am paid for my services by a commission from the product supplier or a service fee paid directly by the client.
I earned more than 30% of my last year’s commission from any specific product supplier.
I do not directly or indirectly hold more than 10% shares in any product supplier.
I have a Complaints Policy Manual and a Conflict of Interest Policy Manual. Both are available at your request.
You are entitled to receive a Statutory Notice from me setting out your rights as a policyholder.
