Tony van Niekerk, Editor of Cover magazine, felt compelled to write this article emphasising the need for the public to obtain professional financial planning advice, for example from a FISA member when it comes to estate planning. He was concerned about the recent comments attributed to the Ombud for Financial Services, Adv John Simpson, who suggested that advisers are not always to be trusted.
Tony respectfully suggests that one should search the internet for a professionally qualified financial adviser, registered FSP and member of a professional body such as the Financial Planning Institute, the Fiduciary Institute of South Africa or other appropriate body. These members are held to very high standards, have to meet professional development standards, and are submitted to mandatory ethics programmes.
Read the article here.