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The Revised and Approved SAIA Code of Conduct

11 November 2020 SAIA

The revised SAIA Code of Conduct and the Code of Motor Salvage were approved at the SAIA Board meeting held on Thursday, 3 September 2020.
 
The revised Code has been aligned with updated legislation and has been modified as a principals-based guideline to the non-life insurance industry. The Transformation section of the Code was uplifted and tabled for early approval at a previous Board meeting to allow for the implementation of the important reporting requirements contained in that section.    
 
The Codes were combined into one document with a new data collection clause aimed at enhancing the understanding of the industry’s performance in key focus areas such as procurement and supplier development.

The revised Code will supersede and replace all prior Codes and understandings, oral or written, between SAIA and its members.
 
Please visit the SAIA website to find the revised SAIA Code of Conduct:
https://www.saia.co.za/index.php?id=231

Quick Polls

QUESTION

Which of the following business models do you favour to achieve a sustainable succession outcome in your financial advice practice?

ANSWER

[a] I will find an independent financial planner to buy my business
[b] I will sell a portion of my advice practice to a large corporate
[c] I will join a large firm and give up my independence
[d] I will invite another independent financial planner to join me
[e] I will partner with a large firm
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