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Value Added Services...
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Value Adding Services
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Recent changes to the Fit and Proper requirements dictate very clearly that enhanced product knowledge, coupled with continuous professional development is a foregone conclusion. This will of course impact even more on your valuable time and productivity, or force you to specialize and to stick to their fields of expertise.
 
If the latter is the better option for you, consider the services of a value partner to provide the services you choose to your clients. There are number of major advantages to you:
  • You share in the fees and remuneration generated
  • The compliance risk lies with the value partner
  • You need not be licensed for the products offered by the value partner
  • No accreditation with bodies such as the Medical Schemes Council
  • New business opportunities generated in respect of your field of expertise is
  • referred back to you
  • Substantial savings on all the infrastructure costs mentioned above
  • More time to attend to your own field of expertise
  • Easier compliance

The following resources applied to non-core activities can now be applied to greater advantage on your area of expertise

  • Knowledge
  • Experience
  • Expertise
  • Time
  • Infrastructure
  • Support personnel
For more information please contact Paul Kruger at pkruger@moonstoneinfo.com or telephonically at (+27) 021 883 8000.
 
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List of Value Partners
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This list is by no means exhaustive. Moonstone continuously identifies business opportunities and searches for new Value Partners able to add to the quality of providers we offer our clients. All final negotiations will be done on Principal Level only. All Payments to and from FSP will be done on Principal level only
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Requirement to become a Moonstone Value Partner
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All our approved Value Partners undergo a rigorous due diligence exercise before they are placed on the panel. Some of our requirements are:
  • They must be able to deliver their services electronically and through warm bodies nationally.
  • They must have an impeccable reputation
  • They must operate independently
  • The referring FSP must at all times retain control of the client
  • The service must be among the best available
  • The cost of the service must never be more and ideally less that that which can be obtained elsewhere in the market
  • They must fall under the jurisdiction of the FSB
  • They must be Moonstone Compliance clients
 
Benefits to the FSP
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  • Improved client service from professional specialists
  • Increased income from more sources
  • Cost and time saving for the FSP
  • FSP retains client and enhances his stature with the client
  • FSP need not be licensed or compliant for those services outsourced
  • Expanded market share
  • Enhancing business relationships and solutions
 
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