|Commission, in accordance with the Short and Long-term Insurance Acts, 1998 (“the STIA and LTIA”)||Disclosed in Initial Disclosure document and quotation|
|Fees as provided for in the STIA and LTIA||Disclosed in Initial Disclosure document and potentially in quotation|
|Fees for rendering a financial service in respect of which neither commission nor the fees provided for in the STIA are payable, provided the client has specifically agreed to the fees in writing and has a discretion to stop them at any time||Disclosed in Initial Disclosure document and potentially in quotation|
|Promotional items||Disclosed in internal gift register|
|Any financial interest with a determinable monetary value not exceeding R1000.00 per FAIS representative/key individual in any given year||Disclosed in internal gift register|
|Financial interest for which the provider or FAIS representative has paid fair value or remuneration reasonably commensurate to the financial interest||Disclosed in conflict of interest register|
|Ownership interest||Disclosed in conflict of interest register and Ownership interest register|
|Training that is not restricted to a selected group of providers and FAIS representatives on products and legalities thereof; general financial and industry information; specialised technological systems (of a third party) necessary rendering a financial service||No need to disclose|
|Any financial interest with a determinable monetary value exceeding R1000.00 per FAIS representative/key individual in any given year.
This could be made up of 1 gift or of several gifts from one product supplier in one calendar year (as recorded in internal gift register)
|Must be recorded in conflict of interest register. Gift may not be accepted. Refusal to accept gift must be recorded|
List of third parties in which the FSP holds an ownership interest as at 1 March 2013
Not applicable to Chartered Wealth Solutions.
Conflict of Interest questionnaire