FISA as a source of fiduciary information

The Fiduciary Institute of South Africa (FISA) will once again have a presence at this year’s FPI Convention from 1 to 2 June in Sandton.

John Gibson, FISA Chairman, said: “We invite all financial planners to visit our stand and find out more about FISA. You may have a fiduciary-related question regarding estate planning, wills drafting, trusteeship or executorship. If so, please ask our representatives at the stand. If we cannot provide an immediate answer, we will ensure that the relevant expert gets back to you within a week.

“You may also be interested in joining FISA. Benefits include regular updates on fiduciary and regulatory matters as well as regional meetings. If you do not meet the membership requirements, you can at least ensure the necessary protection for your clients by using a FISA-registered practitioner when it comes to fiduciary matters”, said Gibson.

FISA is a non-profit organisation that represents 21 corporate members and over 600 individual members, who collectively manage in excess of R200 billion. Membership was previously limited to trust and estate practitioners but is now is open to any professionals with a fiduciary responsibility who meet the membership requirements, be they financial planners, lawyers or accountants.

FISA members abide by a constitution and a code of ethics. An impartial disciplinary procedure ensures that non-compliant practitioners are black-listed. As a financial planner, you or your client can rest assured that a FISA-registered practitioner meets rigid minimum standards both with regard to fiduciary competence as well as integrity and honesty. He or she also has the necessary administration systems in place to provide a professional service.

Visit us at http://www.fidsa.org.za/