disclosure-notice

DISCLOSURE NOTICE IN TERMS OF THE FINANCIAL ADVISORY & INTERMEDIARY SERVICES ACT, 2002 (ACT NO. 37 OF 2002) “FAIS”

The Wholistics Planning Group (Pty) Ltd, FSP No. 6741
Ethix Advisory Services (Pty) Ltd, FSP No. 17206

We are obliged by the FAIS Act to provide you with detailed information about our businesses. We are authorised to render personal planning solutions, business assurance, wealth management, pension and provident fund services, medical aid planning and short term insurance to different market segments.

The Wholistics Planning Group operates under three divisions, namely Execuserv which offers personal financial planning, Ethix, wealth management and Extegrity which offers retirement funds and medical aid advisory and administration services to corporates. These different entities, together under The Wholistics Planning Group, are dedicated to expanding their specialist offerings across our entire Group.

“Wholistic” Planning
At The Wholistics Planning Group, we actively integrate planning solutions to achieve effective personal and business outcomes. We achieve this by asking for as much information as possible. At the heart of financial and lifestyle planning lies detailed information analysis and reporting. As such, our planning solutions are backed by thoroughly analysed data as a pre-requisite for “best advice” and compliance.

It is important to note that, results from any analyses are based on the completeness and accuracy of the information provided. If you elect to provide limited information in line with specific objectives, you clearly understand that there will be limitations on advice and solutions provided.

Though we prepare all recommendations with due diligence and care, we do not guarantee that your objectives will be met. Recommendations and illustrations take into account many factors which are beyond our control.

OUR ACTIVITIES
Personal Financial Planning -
Advice, solutions and ongoing administration

Private Wealth Management -
Recommendations and asset focus

Employee Benefits Solutions -
Group life, Disability and Retirement Schemes

Health Services Benefits -
Medical aid solutions and administration

Short-Term Insurance -
Personal domestic and gap cover solutions

Business Assurance -
All facets of partnership, keyman and liability cover

Estate Planning -
Legacy, wills, trusts, personal and business planning

INDEPENDENT FINANCIAL ADVISORS:

FINANCIAL ADVISOR
Fehér, Thomas NQFL5 (Key individual)
Fehér, Marc (under supervision)
Guerin, Patrick CFP®
Ngcobo, Prexidis (under supervision)
Sukdeo, Mishantha (under supervision)
Tully, Brown CFP®

The Wholistics Planning Group (Pty) Ltd, FSP No. 6741 and Ethix Advisory Services (Pty) Ltd, FSP No. 17206 are fully accountable for all actions taken by their Financial Advisors on behalf of The Group.

FINANCIAL SERVICES PROVIDERS:

  • Alexander Forbes
  • Allan Gray
  • Altrisk Life Insurance
  • Bestmed Medical Aid
  • Bonitas Medical Scheme
  • Boutique Collective Investments (BCI)
  • Cadiz Asset Management
  • Capital Alliance Group Risk
  • Complimed
  • Discovery Health Medical Scheme
  • Discovery Health Medical Scheme Gap Cover
  • Discovery Invest
  • Discovery Life
  • Discovery Life Group Benefits
  • Fairbairn Private Bank (IOM) Limited
  • FedGroup
  • Fedhealth Medical Scheme
  • FMI
  • Glacier Financial Solutions
  • Glacier International
  • Hollard Life
  • Hollard Investments
  • Investec Asset Management
  • Investec GSF Ltd
  • Investec Private Bank
  • iTransact
  • Liberty Life Corporate Benefits
  • Liberty Life Group
  • Marriott Investments (Old Mutual)
  • Medshield Medical Scheme
  • Metropolitan Life
  • Metropolitan Odyssey
  • Momentum Employee Benefits
  • Momentum Gap
  • Momentum Health Medical Scheme
  • Momentum Health Medical Scheme Gap Cover
  • Momentum Life
  • Momentum Wealth
  • Nedgroup Investments
  • Old Mutual Employee Benefits
  • Old Mutual Guernsey
  • Old Mutual Investment Group
  • Old Mutual Life
  • The Old Mutual Wealth Trusts Company (Pty) Ltd (Fairheads)
  • Portfolio Metrix (Pty) Ltd
  • Professional Provident Society
  • Profmed Medical Scheme
  • Resolution Health Medical Scheme
  • RL360 - Sygnia
  • Sanlam Employee Benefits
  • Sanlam Investments
  • Sanlam Life Insurance Company
  • Sizwe Medical Fund
  • Stanlib
  • Stratum Benefits
  • Sygnia Life Limited – Mauritius
  • Thetani Dental Risk Scheme
  • Thethani Financial Services
  • Turnberry Management Risk Solutions

KEY PRACTICE DISCLOSURES

ADVICE
We always gather, understand and collate documentation and necessary information to provide professional financial planning outcomes.

FINANCIAL INTELLIGENCE
In terms of FICA (the Act) we follow strict disclosure principles and obligations to all authorities, wherever applicable or relevant.

CONFIDENTIALITY
All personal and financial information is kept strictly confidential unless properly authorised by the client or, if a legal responsibility for disclosure exists in terms of the FAIS Act (2002)

FEES AND COMMISSIONS
We fully disclose to you the nature and amount of all fees and commissions earned, and confirm your authorisation of the same in doing business with you – this includes both initial and ongoing advisory fees, as well as any FSP charges and costs related to your solutions. As an independent practice, we do not receive more than 30% of our remuneration from one product supplier.

GIFTS
We place on record that the business and employees do receive gifts of appreciation and recognition from time to time from both clients and suppliers. These gifts are fully recorded in a gift registry which is available at all times for inspection and compliance.

INDEPENDENCE
All our shareholders, Directors and employees hold no shares directly in any financial services company that directly or indirectly services our Group or its various entities.

PROFESSIONAL INDEMNITY:
Marsh (Pty) Ltd for
The Wholistics Planning Group (Pty) Ltd &
Ethix Advisory Services (Pty) Ltd

(Section 5: Code of Conduct
FSP no. 6741 and FSP no. 17206)

COMPLIANCE DETAILS:
L Pardy & Associates (PR No. 5093)
Suite 5, La Lucia Park
64 Armstrong Avenue
La Lucia
4051
T 031 582 1419
F 086 683 8551
E lpardy@vodamail.co.za

For:
The Wholistics Planning Group (Pty) Ltd &
Ethix Advisory Services (Pty) Ltd

GROUP DETAILS:
The Wholistics Planning Group (PTY) Ltd
FSP 6741
Registration no. 1996/008087/07

and

Ethix Advisory Services (PTY) Ltd
FSP 17206
Registration no. 2004/023390/07

REGISTERED ADDRESS:
The Manor House (West Wing)
14 Nuttall Gardens
Morningside
Durban
4001

POSTAL ADDRESS:
P.O. Box 51237
Musgrave Road
4062
KwaZulu-Natal
Republic of South Africa

CONTACT DETAILS:
T +27 (0) 31 3124270
F +27 (0) 31 312 5079
E Gisellef@wholistics.co.za

BANKERS:
Nedbank Ltd. (Nedbank Group Limited)
Registration no. 1966/010630/06

LICENSE AUTHORITY AND ADVISORY / INTERMEDIARY SERVICES:
Long term insurance: Categories A, B1, B2 & C
Short term insurance: Category Personal Lines
Retail Pension Funds Benefits and Pension Fund Benefits
Participatory Interest in Collective Investment Schemes
Health Service Benefits provided by Medical Schemes

COMPLAINTS
In the event that you are dissatisfied with our service, we request you address your complaint in writing to us. A copy of our Complaints Resolution Policy is available on request. Should the complaint not be resolved to your satisfaction, you may forward such complaint to the Ombud for Financial Services Providers. You will need to show that you have already attempted to resolve the matter directly with us first. The relevant details for the various Ombuds are:

Ombudsman – Long–term insurance:
Private Bag X45, Claremont, 7735
Telephone: 021 674 0330
Fax: 021 674 0951
Email: info@ombud.co.za

Ombudsman – Financial Services (FAIS):
P.O. Box 74571, Lynnwood Ridge, 0040
Telephone: 012 470 9080
Fax: 012 348 3447
Toll free: 0860 324 766
Email: info@faisombud.co.za
Website: www.faisombud.co.za

Financial Services Board – FSB:
P.O. Box 35655, Menlo Park, 0102
Telephone: 012 428 8000
Fax: 012 346 6941
Toll free: 0800 110 443
Email: info@fsb.co.za
Website: www.fsb.co.za

Council of Medical Schemes:
Private Bag X34, Hatfield, 0028
Telephone: 0861 123 267
Fax: 012 431 0608
Email: complaints@medicalschemes.com
Website: www.medicalschemes.com