Code of conduct

FAIS Compliant

PFPS Wealth Management (Pty) Ltd has appointed Moonstone Compliance (Pty) Ltd, practice no. 188  as our compliance officers.

Moonstone has appointed the following compliance officer to PFPS Wealth Management

Compliance Officer – Andrie Steyn

The Compliance Officer has done an audit of the business and supplied PFPS Wealth Management  with guidelines regarding ongoing compliance.  The practice consultant meets with us once a month to monitor the ongoing implementation of compliance in the business.  Moonstone Compliance has undertaken to submit an annual compliance report to the FSB at the end of each year.  All FICA & FAIS requirements are met in respect of every new and existing client.

Professional Indemnity Cover

PFPS Wealth Management (Pty) Ltd and PFPS Asset Management (Pty) Ltd has taken out Professional Indemnity Insurance with Marsh.

Policy Details:

Underwriters:   Manwood Underwriting Managers (Pty) Ltd

Policy number:   800362-14

 

CFP and FSP

Certified Financial Planner (CFP®)

That makes us a highly qualified investment planning team. Each of our financial planners has attained the CERTIFIED FINANCIAL PLANNER (CFP®) professional mark, the highest recognition in financial planning worldwide. We pride ourselves on being professionals in our industry.
Membership at this level can only be obtained once the applicant has successfully completed the Higher Diploma in Financial Planning through one of the accredited academic institutions.

Once completed, the CFP status does not automatically become a membership entitlement. The designation can only be bestowed upon a student once he/she is:
Accepted as a member by the fpi through invitation
Been registered by the fpi as a CDP licensee with the CPF Board in the USA
Have paid membership fees to both the fpi and CFP Board
Declared fit and proper by the fpi Annually, for the member to retain his/her membership at this level he/she must earn 30 continuing education points.
Financial Planning Institute

The Financial Planning Institute (fpi) is the leading, independent representative body of professional financial planners that ensures South Africans have access to competent financial planning.

Professionalism in financial planning rests on competence and ethics. As the custodian of the profession, the fpi is uncompromising in establishing and maintaining professional financial planning standards, ensuring that members remain competent and ethical to retain their professional status.

What does the fpi offer

Serving the financial services industry and its clients, the fpi provides an independent quality assurance process, ensuring that appropriate educational standards are maintained for financial advisers and planners, whilst ensuring that ethical and practice standards keep pace with the needs of the South African consumer.

This supports the ideals of the government’s financial industry regulator, the Financial Services Board, in ensuring the South African consumer is served professionally by competent and ethical advisers.
FSP LICENCE:

FSP name: PFPS Wealth Management (Pty) Ltd and PFPS Asset Management (Pty) Ltd

FSP no: 8160 and 44904

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