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1 . SixStepPlan ( Pty ) Ltd ( SixStepPlan ) wants to provide holistic financial planning services, and has applied to be authorised as a
SixStepPlan Pty Ltd SixStepPlan wants to provide holistic financial planning services, and has applied to be authorised as a financial services provider FSP in terms of the Financial Advisory and Intermediary Services Act of the FAIS Act Which of the following statements are correct?
i If SixStepPlan is authorised as an FSP it may automatically provide advice and intermediary services in respect of all categories and subcategories of financial services.
ii While waiting to be authorised as an FSP SixStepPlan started having clients sign advisor appointment notes, in terms of which, the client appoints SixStepPlan as the client's FSP and the relevant representative, as the client's financial planner. This is in contravention of the FAIS Act.
iii If SixStepPlan is authorised as an FSP it must disclose to a client, in writing, the details of the financial services it is authorised to provide to clients, within days of rendering financial services to a client.
iii
i and ii
ii and iii
iii and iii
None of the above options
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