Disclosures

The GM Group consists of various professional members of the Financial Planning Institute(FPI), that is, CFP®/ FSA®/ RFP® and subscribe to its Code ofConduct; and Continuous Professional Development (CPD) requirements.  

The Financial Planning Institute of Southern Africa is the only professional body in South Africa to offer the FSA®, RFP® and internationally recognised CFP® professional designations. FPI is a South African Qualifications Authority registered professional body, and our professional designations are registered on theNational Learning Registered Database. 

The representatives provide financial advice and intermediary services in the following areas of financial planning: Life and Disability Planning;Retirement Planning; Investment Planning; Estate Planning & Employee Benefits. 

For investment and retirement solutions, we are paid advice fees which are collected from your investment and paid by the administrator. For risk solutions, we are paid commission by the insurer. 

Where a Financial Needs Analysis is conducted and/or other services provided but no product solution is implemented, a consulting fee that ranges from R1 500 toR2,500 per hour (excl. VAT) will be charged and collected directly from the client.

The GM Group has not received more than 30% of last year’s remuneration from one product supplier, except from Allan Gray.  

The GM Group keeps an updated disclosure register which informs you of all financial and ownership interests as well as business relationships that they have with the product suppliers. Specific details are made available upon request. The GM Group does not hold more than10%of the shares issued by any product supplier. 

The GM Group holds Professional Indemnity Insurance. 

Kindly be informed that in keeping with the compliance requirements of FIC and the FSCA, The GM Group will ensure it carries out all necessary compliance checks which include UN Sanction, PEP and FIC TFS checks. This will include completing a risk rating questionnaire and may also include requesting the completion of a Source of Funds questionnaire, MIE Checks approval and/or a Domestic Prominent Influential Persons or ForeignProminent Public Official questionnaires. 

All information obtained about you shall remain confidential unless you provide written consent, or unless we are required by law to disclose such information. 

According to the Protection of Personal Information Act 4 of 2013(“POPIA”), which came into effect 1 July 2021, we have a Protection of Personal Information (POPI) Privacy Notice and Information Processing Policy in place. This explain show we collect, use, and protect your personal information. It is our intention to respect your privacy, and we will continuously strive to ensure that your information and personal details are safe with us. The GM Group POPI Disclosures are available upon request or can be found on our website. 

Please note should an offshore investment be recommended for you; your personal information will be shared with the product provider abroad. This is known as ‘transborder information flows’. We endeavour to only engage with offshore product providers with data protection laws within their countries. 

There is a Conflict of Interest ManagementPolicy in place for The GM Group and it is available upon requestor can be found on our website.  

The GM Group is client centric focused. In line with this, we hold to the standards of Treating Customers Fairly (TCF). Our TCF policy is available upon request or can be found on our website. 

If you are dissatisfied with any aspect of my service, you should address your complaint in writing to me at the address below.The GM Group Complaints Resolution Policy is available upon request or can be found on our website.

GradidgeMahura Investments (GMI)

Gradidge-MahuraInvestments (Pty) Ltd, an authorised financial services provider (FSP No: 36327).

‍It accepts responsibility for the activities of its appointed representatives licensed to render financial services. The authorised representatives can provide advice and intermediary services in the following categories of financial planning: 

1.1 Long-term Insurance subcategory A
1.3 Long-term Insurance subcategory B1
1.4 Long-term Insurance Subcategory C
1.5 Retail Pension Benefits
1.7 Pension Fund Benefits
1.8 Shares
1.14 Participatory Interest in a collective investments cheme
1.16 Health Service Benefits
1.17 Long-Term Deposits
1.18 Short-Term Deposits
1.20 Long-term Insurance Subcategory B2
1.21 Long-term Insurance Subcategory B2-A
1.22 Long-term Insurance Subcategory B1-A

A copy of the licence, which contains details of the financial services we are authorised to provide, as well as any exemptions, is available for inspection on request. 

‍GMI is accredited to market the products of the following product suppliers:

‍OldMutual, Momentum, Sanlam/Glacier, Hollard, Liberty Life, Discovery Life, Investec, Ninety-One, Allan Gray, AIMS, Stanlib, Just Life and Overseas Trustand Pension (OTAP).  

‍Compliance with the FAIS Act for GMI is monitored by Masthead (Pty) Ltd, a compliance practice approved by the Financial Sector Conduct Authority.Their postal address is PO Box 765, Howard Place, 7450. Their contact numbers are: Telephone (021 6863588) and Fax: (021 6863589).

1.    Gradidge Mahura Asset Management (GMAM) 

Gradidge Mahura Investments (Pty) Ltd (GMI) is an associate company of Gradidge Mahura Asset Management(Pty) Ltd (GMAM), (FSP No: 50549).

GMI also serves as members of the investment committee of GMAM. GMAM is a specialist investment management business that is responsible for the investment management of the Gradidge-Mahura range of portfolios. Consequently, GMI may earn up to 0.30% (plus VAT) as an annual investment management fee, financial interest or ownership interest in relation to investments placed in the Gradidge-Mahura range of CIS portfolios and an annual investment management fee (as disclosed in the mandate that will need to be signed by each investor) of up to 0.20% (plus VAT) of the 0.40%(plus VAT) annual management fee that is charged for the investment management of the Gradidge-Mahura Model Portfolios, for providing representatives to act as representatives ofPortfolio Analytics Consulting (Pty) Ltd (“Analytics”), FSP Number 18490, in respect of said Model Portfolios and for their ongoing activities in this regard.

Compliance with the FAIS Act for GMAM is monitored byMoonstone (Pty) Ltd, a compliance practice approved by the Financial Sector Conduct Authority. Their postal address is 25 Quantum Street, Technopark, Stellenbosch, 7600. Their contact numbers are: Telephone (021 8838000) and Fax: (021 8838005).

1.    Gradidge Mahura Asset Protection (GMAP) 

Gradidge Mahura Asset Protection (Pty) Ltd,is an authorised financial services provider (FSP No: 48616).

It accepts responsibility for the activities of its appointed representatives licensed to render financial services. The authorised representatives can provide advice and intermediary services in the following categories of financial planning:

1.2 Short-term Insurance Personal Lines
1.23 Short-Term Insurance Personal Lines
1.6 Short-Term Insurance Commercial Lines

A copy of the licence, which contains details of the financial services we are authorised to provide, as well as any exemptions, is available for inspection on request.

GMAP is accredited to market the products of the following product suppliers:

‍Auto & General; Bryte Insurance; Carmargue Underwriting Managers;Discovery Insure;Echelon Private Client Insurance; FirstFor Women; Hollard Short Term Insurance; Momentum Short Term Insurance; Old Mutual Insure; P.P.S, Santam Insurance; MUA;Echelon; SHASpecialistUnderwriters; Unity Motor &HouseholdInsurance; Virseker.

‍Compliance with the FAIS Act for GMAPis monitored by Moonstone (Pty) Ltd, a compliance practice approved by the Financial Sector Conduct Authority. Their postal address is 25 Quantum Street, Technopark, Stellenbosch, 7600. Their contact numbers are: Telephone (0218838000) and Fax: (021 8838005).

Gradidge Mahura Fiduciary Services (GMFS)

‍Gradidge Mahura Fiduciary Services (Pty) Ltd, Company registration number is 2018/233726/07.

Gradidge Mahura Tax Services (GMTS) 

Gradidge Mahura Tax Services (Pty) Ltd, Company registration number is 2018/221325/07.