Affiliates
Companies affiliated with PSG Konsult
Companies affiliated with PSG Konsult
Many insurers, financial advisors and brokers in the financial services industry are facing the challenge of obtaining the required credits and qualifications as determined by the FAIS Act.
For this reason, the University of Stellenbosch Business School Executive Development (USB-ED) in association with PSG Konsult Academy have combined their most distinguished faculty members and technical expertise to provide high quality and user friendly training for learners towards the National Qualification in Wealth Management at NQF Level 5. We are offering you the full qualification (122 credits) in four study schools on a modular basis which will be easy to complete over a one to two year period.
With these four focused study schools, we offer a unique learning opportunity to build your confidence and capabilities. The facilitation is interactive and presented by subject matter experts. We are confident that you will not just obtain the necessary credits but that you will leave the programs a better entrepreneur, financial advisor and administrator.
We are aware of the fact that many financial advisors, brokers and administrators have not studied for many years, but have a vast amount of experience. Our four study schools are structured in such a way that you will be at ease with the learning as well as the assessments. If you have the will and determination, we are prepared to "stand by you" until you are competent.
The aim of this qualification is to provide learners with a wide range of specialised and technical skills as well as a broad based knowledge of the applicable legislation, economic principles and the financial services industry in general. The learners will be exposed to the important terms, rules, concepts, principles and theories of Wealth Management.
The Certificate in Wealth Management at NQF level 5 will be sufficient for all requirements as determined by the FAIS Act needed by financial advisors, brokers and administrators.
Participants will receive a PSG Academy certificate as proof of credits after the successful completion of each study school.
| Study School | Core | Elective | Fundamental | TOTAL |
|---|---|---|---|---|
| 1 | 15 | 7 | 8 | 30 |
| 2 | 0 | 16 | 16 | 32 |
| 3 | 10 | 15 | 5 | 30 |
| 4 | 15 | 5 | 10 | 30 |
| TOTAL | 40 | 42 | 39 | 122 |
| CODE | UNIT STANDARD TITLE | NQF Level | CREDITS | |
|---|---|---|---|---|
| 242584 | Demonstrate knowledge and understanding of the Financial Advisory and Intermediary Services Act 2002 (FAIS) (Act 37 of 2002) as it impacts on a specific financial services subsector | E | 4 | 2 |
| 242593 | Explain South African money laundering legislation and the implications for accountable institutions in transacting with clients. | E | 4 | 3 |
| 242574 | Present a proposal to optimise the tax aspects of the wealth management of an entity. | C | 5 | 4 |
| 242573 | Determine the needs and wants of an entity in order to propose an appropriate financial solution. | C | 5 | 4 |
| 230077 | Describe the financial lifecycle of an individual and how this influences financial decisions. | F | 5 | 8 |
| 242554 | Research information in order to assist in conducting a financial risk assessment. | C | 5 | 7 |
| 117129 | Apply the regulations for disclosure that are required as part of the financial sales process. | E | 4 | 2 |
| TOTAL | 30 |
| CODE | UNIT STANDARD TITLE | NQF Level | CREDITS | |
|---|---|---|---|---|
| 230071 | Apply basic economic principles to the financial services sector. | F | 5 | 5 |
| 230075 | Demonstrate knowledge and insight into the changing nature of the financial services industry and its consumers. | F | 5 | 6 |
| 242603 | Apply knowledge of estate planning to propose a financial solution for a specific client | E | 5 | 8 |
| 119997 | Demonstrate knowledge and understanding of risk in a financial services environment | F | 5 | 5 |
| 242555 | Develop a potential wealth preservation solution for an entity | E | 6 | 8 |
| TOTAL | 32 |
| CODE | UNIT STANDARD TITLE | NQF Level | CREDITS | |
|---|---|---|---|---|
| 230078 | Apply the principles of ethics to a business environment | C | 6 | 10 |
| 242613 | Apply technical knowledge and skill to advise on individual planning for retirement. | E | 5 | 5 |
| 242589 | Apply knowledge of business insurance to propose a Long-Term financial solution for a business entity. | E | 6 | 10 |
| 230070 | Present an informed argument on a current issue in a business sector | F | 5 | 5 |
| TOTAL | 30 |
| CODE | UNIT STANDARD TITLE | NQF Level | CREDITS | |
|---|---|---|---|---|
| 242601 | Apply a researched trend to individual financial risk. | C | 5 | 5 |
| 242567 | Analyse the product design of different medical schemes to evaluate the benefits set of each scheme. | E | 5 | 5 |
| 242594 | Apply knowledge of the different asset classes in order to give financial advice | C | 5 | 4 |
| 120075 | Demonstrate insight into current affairs in the Financial Services Sector. | F | 5 | 10 |
| 242580 | Apply scenario planning to explain potential risk in a specified financial services context. | C | 5 | 6 |
| TOTAL | 30 |
CONTACT PERSONS: |
|
| NORTHERN REGION | SOUTHERN REGION |
| Karl-Heinz Michel/Leane Breedt | Marika Malan/Bridget Leibbrandt |
| Tel: 0861 223 774 | Tel: 021-915 4160 |
| Fax: 012-679 0472 | Fax: 021-915 0030 |
| E-Mail: leane.breedt@psgkonsult.co.za | E-Mail: marika.malan@psgkonsult.co.za |
| OR: karl.michel@psgkonsult.co.za | OR: bridget.leibbrandt@psgkonsult.co.za |