In terms of the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS), the following disclosures must be made to
clients and potential clients.
Arthur B Easton, ID 590321 5068 081 am a Key individual and a Representative (CMS BR 5404 and FSP 19742) and authorised to give advice and render intermediary services for ABE Medical (Pty) Ltd with registration ORG 4505 and FSP 51238.
I have over 36 years’ experience and I am licensed to give and render intermediary services in Short-Term Insurance (Private Lines) and Health Care Benefits Category1.
As a Key Individual I am authorised to market products from Discovery (Health), Bestmed, CompCare, Medihelp, Bonitas, Sizwe and various other schemes. I do not own more than 10% of issued shares directly or indirectly in any Life Assurer or Product Supplier and we are not an associated company of any Life Assurer or Product Supplier.
We do earn more than 30% of our commission from a Bestmed Medical Scheme. We earn our income from commission that the product supplier pays over to us on the products purchased.
We do hold professional indemnity cover. Our compliance is done in-house. A copy of the Complaints Procedure is available on request should you feel that your rights have been infringed.
While rendering financial services to a client, the broker may come into possession of confidential information. It is our undertaking that confidential information will not be imparted to third parties unless specific permission of the client is obtained or if required to do sy by law.
Kindly be aware that no representative or provider may request or induce you in any manner to waiver any right or benefit conferred on you by, or in terms of, any provision of the FAIS Act and Code of Conduct.
As an authorised financial services provider, I am required to take all reasonable steps to seek from you, appropriate and available information regarding your financial situation, financial product experience, and objectives to enable me to provide you with appropriate advice.
The quality and appropriateness of my advice will depend on the level of disclosure and accuracy of the information provided by you. I can in no way be held liable or responsible for advice given based on incorrect or inaccurate information.