{"id":1055,"date":"2026-09-09T12:04:31","date_gmt":"2026-09-09T12:04:31","guid":{"rendered":"https:\/\/www.sa-fx.co.za\/?page_id=1055"},"modified":"2026-09-09T14:53:21","modified_gmt":"2026-09-09T12:53:21","slug":"complainant-procedure-communication","status":"publish","type":"page","link":"https:\/\/www.sa-fx.co.za\/?page_id=1055","title":{"rendered":"COMPLAINANT PROCEDURE COMMUNICATION"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t

COMPLAINANT PROCEDURE COMMUNICATION<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

The complaint will be investigated and we will revert to you with our preliminary findings within 7 (seven) working days <\/strong>from the date of receipt of the complaint. In all instances we will advise you of the reasons for our decisions.<\/p>

    • The preliminary findings will be discussed with all internal parties concerned, and a proposed solution will be communicated to you within a further 7 (seven) working days<\/strong>. In all instances we will advise you of the reasons for our decisions.<\/li>
    • If you are not satisfied with our solution, you may refer the complaint to the Managing Director of our Business. The Managing Director may amend the solution or confirm it. Please be informed that certain decisions may have to be approved by the management committee of the In such a case we will communicate that fact to you, as well as the date on which a decision relating to your complaint will be taken.<\/li>
    • If, after having referred the complaint to the Managing Director, you are still not satisfied with the outcome, we will regard the complaint as being unsatisfactorily resolved. In such a case, you may approach the office of the Ombud for Financial Services Providers or take such other steps as may be advised by your legal representatives.<\/li>
    • The Ombud is appointed by the Financial Services Conduct Authority (the \u201cFSCA\u201d) to act as an adjudicator in disputes between clients and financial services providers. The referral to the offices of the Ombud must be done in accordance with the provisions of section 27 of the Financial Advisory and Intermediary Services Act 2002 and the rules promulgated in terms of that section.<\/li>
    • In instances where we have not been able to arrive at a resolution within 6 (six) weeks <\/strong>after you have submitted your complaint, you may refer the matter to the The Ombud acts independently and objectively and has jurisdiction in respect of complaints relating to advice or intermediary services, which has arisen after 15 November 2002.<\/li>
    • You must, if you wish to refer the matter to the Ombud, do so within 6 (six) months <\/strong>from the date of the notice in which we inform you that we are unable to resolve your complaint to your The Ombud will not adjudicate in matters exceeding a value of R3 500 000.<\/li>
    • Your complaint and all communications in connection with your complaint must be in writing. All verbal communications made in connection with the complaint must be confirmed in writing within 3 (three) days working days <\/strong>of the communication.<\/li>
    • Please indicate the following information:A complete description of your complaint and the date on which the financial service which led to your complaint was rendered;How you would prefer to receive future communications regarding your complaint (i.e. via fax or e-mail).The FAIS Ombud \u2013 Adv. John Simpson \u2013 may be contacted at his offices in Pretoria at the following address:

      \u00a0<\/h1><\/li><\/ul><\/li><\/ul>

      PURPOSE OF THIS DOCUMENT<\/strong><\/p>

      The organisation is an authorised Financial Services Provider, and as such we have certain specific duties towards you \u2013 our valued client. One of these duties is the establishment of a formal complaint management and resolution framework, which will enable you to exercise your rights as provided for in the Financial Advisory and Intermediary Services Act.<\/p>

      The purpose of this document is to inform you of the procedure which will be followed in order to provide a resolution for the complaint which you have submitted.<\/p>

      COMPLAINT MUST BE RELEVANT<\/strong><\/p>

      In terms of the FAIS Act, a \u201ccomplaint\u201d means, an expression of dissatisfaction by a person to a provider or, to the knowledge of the provider, to the provider\u2019s service supplier, relating to a financial product or financial service provided or offered by that provider which indicates or alleges, regardless of whether such an expression of dissatisfaction is submitted together with or in relation to a client query, that \u2013<\/p>

      • The provider or its service supplier has contravened or failed to comply with an agreement, a law, a rule, or a code of conduct which is binding on the provider or to which it subscribes;<\/li>
      • The provider or it service supplier\u2019s maladministration or wilful or negligent action or failure to act, has caused the person harm, prejudice, distress or substantial inconvenience; or<\/li>
      • The provider or its service supplier has treated the person<\/li><\/ul>

        The financial services environment is complex. We will endeavour to address all reasonable requests from our clients, but may also refer you to a more appropriate facility. Where the complaint relates to any aspect of our service, or any disclosures that ought to be made by us, we will endeavour to address those complaints in writing, within 7 (seven) working days<\/strong>.<\/p>

        In instances where the complaint relates to any matter that is not within our control, such as product information or investment performance, we will forward the complaint to the product supplier concerned. Please be advised that we reserve the right to recover costs or damages that we may suffer as a result of clients making frivolous, vexatious or unreasonable claims.<\/p>

        PRO<\/strong>CED<\/strong>URE<\/strong><\/p>

        Our internal complaints resolution process is intended to provide for the fair and effective resolution of complaints. The time periods set out in this procedure will be adhered to as strictly as possible but may be varied if necessary. The following step by step guideline sets out the procedures we will adopt and demonstrates how a complaint will be dealt with, once received by us:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

        COMPLAINANT PROCEDURE COMMUNICATION The complaint will be investigated and we will revert to you with our preliminary findings within 7 (seven) working days from the date of receipt of the complaint. In all instances we will advise you of the reasons for our decisions. The preliminary findings will be discussed with all internal parties concerned, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-1055","page","type-page","status-publish","hentry","wpbf-post"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/pages\/1055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1055"}],"version-history":[{"count":7,"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/pages\/1055\/revisions"}],"predecessor-version":[{"id":1076,"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=\/wp\/v2\/pages\/1055\/revisions\/1076"}],"wp:attachment":[{"href":"https:\/\/www.sa-fx.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}