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RichPlan ( Pty ) Ltd ( RichPlan ) is an authorised financial services provider ( FSP ) , in terms of the Financial Advisory and

RichPlan (Pty) Ltd (RichPlan) is an authorised financial services provider (FSP), in terms of the Financial Advisory and Intermediary Services Act 37 of 2002(the FAIS Act), to provide Category I financial services (advice and intermediary services), and Category II financial services (discretionary intermediary services). Which of the following statements are correct?
(i) RichPlan only has one key individual recently resigned from RichPlans employment. The Financial Sector Conduct Authority (FSCA) may suspend RichPlans authorisation as an FSP until a new key individual for RichPlan is approved by the FSCA.
(ii) RichPlan has identified a suitable key individual, for whom it wants to apply to the FSCA for approval as its only key individual. The person was a manager at a retirement fund administrator for 10 years, which was not authorised as a Category I, or Category II, FSP.This will suffice in meeting the experience requirements for key individuals.
(iii) RichPlan must disclose its key individuals names and contact details in its disclosure documents.

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