| 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 |
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