What is Fais Accredited?
The FAIS Act requires that only competent and qualified people render services and give advice. This means that you’ll always receive sound financial guidance, as well as services and products that are tailored to your individual needs.
How To Get Fais Accredited In South Africa
New entrants to the industry from 1 January 2010 onwards are required to obtain a full qualification within six years of date of first appointment, while working under supervision, until such time as they have completed the qualification and passed the required regulatory exams.
How long does it take to complete FAIS credits?
1200 hours equates to 150 days of study to complete the qualification. This is almost 6 months of full time tuition and this would need to be spread over atlas 12 months when done on a part time basis.
Where do I get Fais credits?
There are various sources where such information can be obtained. FAIS related credits and queries Please visit the INSETA website on www.inseta.org.za. Click on “learner information” to access results. You need your ID number and Surname to access the information.
How do I qualify for FAIS?
Normally, a full qualification consists of a number of clusters, each providing a certain number of credits, the total of which should at least be 120. Please note that successful completion of the full range of prescribed clusters is required in order to obtain the qualification.
How do I check my FAIS credits online?
Check your FAIS Credits
- For your own verification, e-mail your National ID number and full names to verifications@saqa.org.za. …
- For verifications concerning a third party, an agreement needs to be signed first. …
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- As a learner you can request, from the NLRD, a record of your own personal learning achievements.
How much does it cost to write RE5?
RE5 exam costs
To take a written examination one has to pay a sum of R 1226 per exam. Please take note that the fee is payable to Moonstone and does not include anything else.