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FAIS Ombud

The objective of the FAIS Ombud is to consider and dispose of complaints by clients against financial services providers in the terms of the FAIS Act.
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Ombudsman for Short-Term Insurance

The purpose of the Short Term Insurance Ombudsman is to resolve disputes between members and insured consumers in an independent, impartial, cost-effective, efficient, informal and fair way. .
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From The Glossary »

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Vesting Bonus Fund:

This is a relatively new investment fund which aims to produce steady growth over a long term. Any growth forms part of the investment and cannot be removed if market conditions deteriorate. It remains in force for the full term of the policy until it matures. The growth on the policy takes place by bonuses being declared, based on the expected long-term return on the fund. It is a suitable investment fund for those who invest in Capital Growth or ...
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