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Financial Sector Charter & BEE Compliance
▪ The programmes is aligned to the outcomes of the Financial Sector Charter
Code and measured independently to ensure the outcomes are achieved.
▪ All participating clients will receive full reporting on the programme and a
compliance letter from the Financial Sector Charter.
Consumer Education is the process by which financial consumers/ investors improve their
understanding of financial products, concepts and risks and, through information, instruction
and/ or objective advice, develop the skills and confidence to become more aware of
financial risks and opportunities, to make informed choices, to know where to go for help,
and to take other effective actions to improve their financial well-being.
Novia Capital and Hedge Fund Academy developed the Novia One Consumer Education
Programme to help our clients to actively participate in helping consumers of financial
products to navigate the complex world of managing their finances, make better informed
decisions and work towards creating some wealth. This independent solution combines the
expertise of Hedge Fund Academy as an accredited financial markets training provider and
Novia Capital as a regulated Financial Services Provider.
Our aim is to educate, empower and inform South African financial consumers covering the
following topics:
Manage your money
Manage your debt
Manage your savings
and investments
Manage your
retirement
• MANAGE YOUR MONEY
o Where and how their money is spent every month by tracking their expenses
o Create SMART financial goals and commitments
o Understanding their “wants and needs” relative to their income and expenses
o Setting up a budget
• MANAGE YOUR DEBT
o Credit, loans & the high cost of micro lending
o Good debt vs bad debt
o The cost of debt
o Reducing debt
• MANAGE YOUR SAVINGS AND INVESTMENTS
o Managing my bank accounts
o What is an IFA
o Understanding suitability, benefits and risks of different savings and insurance
products:
▪ Investing in a Stokvel
▪ Bank accounts and how to better manage them
▪ Unit Trust Investments and their fit into a portfolio
▪ Planning for the unexpected: funeral policies and life insurance
▪ Planning for education of my children: what are the options
▪ Tax free savings accounts
▪ Finding the right insurance product for your needs
▪ How to invest in the stock market
• Shares
• ETF
• Finding a stockbroker
• MANAGE YOUR RETIREMENT
o Planning your retirement
OUTCOMES
• Make better informed decisions around suitable investment products and build some
form of a savings or wealth base
• Plan for retirement
• Reduce debt
The above programme can be restructured to meet the outcomes of the targeted
audience. This programme can also be offered to trustees of pension funds as
participants, but reworked to meet the outcomes of the audience and the sponsor.
FINANCIAL SECTOR CHARTER COMPLIANCE (BEE COMPLIANCE)
The programmes is aligned to the outcomes of the Financial Sector Charter Code and
measured independently to ensure the outcomes are achieved. All participating clients will
receive full reporting on the programme and a compliance letter from the Financial Sector
Charter.
NOVIA CAPITAL AND HEDGE FUND ACADEMY
Novia Capital is a FSB regulated Category I and II provider. Hedge Fund Academy is an
accredited training provider with Banketa, Services Seta, Fasset and CFA Institute. Both
entities are Level 1, 100% black female owned.
Marilyn or Marietjie
011 783 9390 I [email protected] I [email protected]
