Why FIA

Qualification for Membership

All members shall have an unblemished record of service to the industry.

All members shall, unless otherwise agreed upon, be obliged to participate in group scheme benefits offered by the FIA.

The main source of income of members of the FIA shall be income derived from the marketing of products in terms of contracts or mandates referred to in point 2 below.

Qualifications for membership as regards contracts and experience:

1.       A minimum of 1 year uninterrupted experience in the rendering of advice as independent financial advisor.

2.    All applicants must have at least 3 active contracts or access to three active contracts in any of the following fields:

·         Long-term insurance.

·          Short-term insurance or approved underwriting manager. 

·         Collective Investment Schemes. 

·         Medical/Health Benefits 

·         Employee/Pension Fund Benefits. 

·         Shares .

The contracts referred to above may be in the name of the member, the brokerage or in the name of the employer.