FSB warns the public against Ms Alicia Solomons

30 May 2017 FSB

The Financial Services Board (FSB) would like to warn the public to act with caution when dealing with Ms Alicia Solomons. Alicia Solomons is not authorised in terms of the Financial Advisory and Intermediary Services Act, 2002 (“FAIS Act”), to render any financial advice and intermediary services.

The FSB received information that Alicia Solomons is purporting to act for a company named JD Marble Funeral Directors. JD Marble Funeral Directors is an authorised financial services provider, with FSP number 46807. JD Marble Funeral Directors has confirmed that Alicia Solomons is not authorised under FSP 46807.

Alicia Solomons offers to assist people to trace unclaimed pension or provident fund benefits that may be due to them, and requests a fee to be paid for this service. The public should act with caution when dealing with anyone pretending to be tracing agents for a fund. Only the retirement fund, the administrators and legitimate tracing agents have access to the records of the fund, and anyone claiming to have access to a database of unclaimed benefits are not being truthful. If any member of the public is unsure whether a tracing agent is legitimate, they are advised to contact the FSB to check.

The FSB again reminds consumers who wish to conduct financial services with an institution or person to check beforehand with the FSB on either the toll free number (0800 110 443) or on the website as to whether or not such institution or person is authorised to render financial services.

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