| Business Impact | Lonfin contracted Adviser |
| FSCA registration and licensing | o Sanlam carries the burden and cost of maintaining the FSCA license; o Sanlam ensures that all advisers are registered for the correct product categories with the FSCA & that records are automatically updated when a representative completes any relevant training. |
| Professional accreditation to meet FIAS requirements | o Sanlam pays for the Wealth Management (NQF 5) qualification o The company offers bursaries for o a post graduated diploma in Financial planning (CFP) o Advance CFP o Sanlam pays for the Regulatory Exam (first attempt) |
| Compliance | o Sanlam puts in place compliance control measures to enable business to comply with regulatory requirements; and o Monitors that the measures are effective and reliable. |
| Training in sales techniques | o Free |
| Accreditation on product knowledge | o Provided by Sanlam’s Distribution Academy according to set schedules |
| Client information | o Free Astute subscription with unlimited transactions |
| Technology support in managing client info & advice given | o Sanfin/Advice Partner provides all functionalities to comply and is free for all Advisers |
| Technology support | o Interest free technology loans up to R16 000 & repayable over 24 months for newcomers o Free on-site services of Sanlam Technology Consultant o Free Sanfin/Advice Parner Helpline support |
| Marketing | Subsidies w.r.t.: o Advertisements / flyers / pamphlets, etc. o Conference material. |
| Continued Professional Development | Provided by Sanlam ongoing |
Group Life insurance, including spouse cover
Trauma cover and optional GAP cover
Temporary disability cover
Membership to pension fund
Membership to medical aid (choice between Fedhealth & Bonitas)
Funeral cover
Supportive Work Environment
Intermediaries have full access to a range of specialist support staff, promoting an ethos of cohesion and mutual support.
Development and career progression opportunities
Sanlam offer several career opportunities for advisers with different levels of independence, benefits and support