New Board for FIA

August 24 - The Financial Intermediaries Association of South Africa (FIA) announced that it has appointed a new board, which comprises twelve board members.

The FIA represents a huge number of financial services intermediaries - 15,000 in all - in South Africa and incorporates professions where brokers and financial advisers are required.

Members of the FIA include a range of brokers from all sectors, including large and medium size brokerages and individual intermediaries.

Members specialize in a wide area of financial sectors, including short term insurance, financial planning, employee benefits and medical care.

Consumers who are considering the services of an intermediary would do well to consider one that is a member of the FIA, simply because all members are required to follow the highest level of ethical and professional practices.

The FIA came into operation on January 1, 2008 following the merger of the South African Financial Services Intermediaries Association (SAFSIA) and the Insurance Brokers Council (IBC). The group then merged with the Association of Professional Financial Planners (Luasa).

Today, the group represents brokers who generate more than 80% of short term insurance transactions and 60% of life assurance and collective investments.

• The new board is as follows:
• Arnold van der Linde - President
• Seamus Casserly - Vice President
• Jay Ramsunder - Director
• Winston Skosana - Director
• George Bishop - Director
• Gavin Came - Chairperson: Financial Planning Committee
• Bryan van Flymen - Director
• Barry Taylor - Chairperson: Short Term Committee
• Linza van Aswegen - Chairperson: Health Care Committee
• Leanne van Wyk - Chairperson: Employee Benefits Committee
• Jacques Vorster - Chairperson: Advisory Council
• John Bezuidenhout - Membership Committee