Commonwealth Finance South Africa (Pty) Ltd
Unit C9, Century Square
Heron Crescent, Century City, 7441
Tel: +27 87 550 5383
Disclosures concerning Commonwealth Finance South Africa (Pty) Ltd as required by FAIS
In terms of the Financial Advisory and Intermediary Services Act (FAIS) (Act No. 37 of 2002) the following information must be disclosed to clients and potential clients:
Full Name: Commonwealth Finance South Africa (Pty) Ltd
Physical address: Unit C9, Century Square, Heron Crescent, Century City, 7441
Postal Address: Postnet Suite 101, Private Bag X3, Roggebaai, 8012
Telephone: 0861 000 808
Fax: 0866 691 360
Commonwealth Finance accepts responsibility for those activities performed by the Representatives that falls within the scope of, or in the course of implementing, any such aforementioned agreement.
Hanno Van Aarde is the Key Individual of Commonwealth Finance which holds a category I FSP licence no. 46701 and is authorised to provide financial services (advice and intermediary services) with respect to the following product categories:
Long Term Insurance: Category A, B1, B2
Short Term Insurance: Personal Lines, Commercial Lines
Neither Commonwealth Finance or its representatives owns more than 10 % of issued shares directly or indirectly of any Life Assurer or Financial Product Supplier. Commonwealth Finance is not an associated company of any Life Assurer or Product Supplier.
Commonwealth Finance earned more than 30 % of their total commission from one Product Supplier within the past 12 months.
Commonwealth Finance and its representatives earn their income from Commissions and/or Fees in respect of financial services rendered to you. These Commissions and/or Fees will be disclosed to you.
From time to time we may receive immaterial financial interests from Product Suppliers or Financial Services Providers. A gift register and a Conflict of Interest Management Policy are available upon request.
The FSP does hold Professional Indemnity Insurance and Fidelity cover. Commonwealth Finance has adopted an Internal Complaints Resolution Policy. Should a complaint arise a copy of our Complaints Policy and Procedure is available upon request.
Commonwealth Finance is aware that no FSP may request or induce in any manner a client to waive any right or benefit conferred on a client in terms of the General Code of Conduct for Financial Service Providers and Representatives.
All information obtained or acquired from or about you shall remain confidential unless you provide written consent, or unless Commonwealth Finance is required by law to disclosed such information.
Moonstone Compliance (Pty) Ltd is the businesses compliance officer. Moonstone Compliance can be contacted at: Physical address: 25 Quantum Street, Technopark, Stellenbosch, 7600, Tel No: (021) 8838000.