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Academic Requirements for Insurance and Investment Sales Persons in South Africa
Insurance and Investment Sales Persons are regulated under the Financial Advisory and Intermediary Services (FAIS) Act. In terms of this law, such persons must be authorised as Representatives and must meet legal requirements. The most relevant of these requirements for a person wanting to become an Insurance or Investment Sales Person, or for someone already…
THERE IS A PLACE FOR YOU IN FINANCIAL SERVICES
How Easily Can You Enter the Industry? For many entry-level Representative positions, matric provides the basic educational starting point. Passing RE5 can then make you significantly more employable. Matric and RE5 do not automatically make you fully competent or guarantee employment. The Competency Standards depend on the financial products and services involved. However, an employer…