Business Loans – A normal benefit of business loans is that the loan loaning company or the bank has claim only on the interest rate of the loan. Business loans can get money fast and simple for any kind of service require like beginning a little service, refinancing, broadening your business, purchase or any other commercial investment.
Unsecured business loans – are provided without taking any of the candidate’s property as security. Unsecured business loans are thus supplied exclusively on the basis of repayment ability and past record of the borrower. Since of the threats, lenders charge greater interest rate on unsecured business loans.
Merchant Cash Advance – Merchant cash advances assist entrepreneur’s open doors for better types of funding opportunities. The organisation cash advance market is climbing at a constant rate. Since standard bank loans are not fulfilling the demands of small business owners, this ever increasing development is.
The RE exams can be a challenge to pass and lots of people take the exams more than once before passing. There is a large amount of course material and Lets Study Training Services offers you a workshop where we take you through the process, by doing mock exams can help you pass your exam.
What examination must I write?
Both the RE5 and RE1 are Level One examinations. RE5 is for Representatives and RE1 for Key Individuals. The RE3 examination is for licence category II candidates.
The FSB determines the fee. Currently it costs R1226 per exam, also in the case of a re-write.
What preparation material is available?
Please make sure that you first read the FSB’s Preparation Guide to see to it you follow the ideal procedure in preparing.
RE Exams – Both the RE5 and RE1 are Level One exams. RE5 is for Reps and RE1 for Key Individuals. Fully updated resources are available for those requiring access to the legislation applicable to the regulatory examinations. Please make sure that you initially read the FSB’s Preparation Guide to make sure you follow the ideal procedure in preparing. Remember that this exam tests your understanding about the laws applicable to the provision of financial advice and intermediary services. The questions are based on extremely specific qualifying criteria set out in the FSB preparation guide.
RE5 Study Material
RE5 Study Material – The amended requirements contained in the 2017 Determination of Fit and Proper Requirements will impact on the content of the study material for the REs.
RE1 Study Material
RE1 Study Material – It appears that numerous candidates underestimate the significance of correct preparation for this professional examination.
There are two standard documents which candidates need to study in order to ensure success:
The FSB recently updated its Level 1 RE Preparation Guide for Key Individuals and also Reps. Without at least reading through this, candidates have no idea of what to anticipate.
RE1 Exam – These regulatory exams form part of the competence requirements, and consist of two levels:
Regulatory examinations Level 1: These regulatory examinations must be completed within 2 years of appointment or approval. People currently in the industry appointed or approved between 2004 and 2009 must complete these regulatory examinations successfully by 31 June 2012. People entering the industry from 2010 must complete these regulatory examinations successfully within two years of appointment / approval.
RE Exams Expense – The RE exam expense is R 1226 per examination as well as for rewrites.
FAIS Examinations – The students that are required to write FAIS examinations are reps that work in the insurance sector as well as provide guidance and/ or intermediary services to clients. The most common professions or work positions for the delegates who are attending the workshops are primarily, Sales Consultants, Client Services Consultants, Claims Advisors, Broker Consultants, Underwriting Managers, Retention Consultants, Branch Managers, Team Leaders, and Key Individuals and Sole Proprietors. The learners are required to rewrite FAIS Regulatory Exams (RE) Level 1 (RE 5 or/and RE 1), if they have not passed
Inseta RE5 – The content of these regulatory exams are based on the regulatory structure and the regulatory role of the individual, for instance the FAIS Act, Code of Conduct, FICA and so on. Please refer to BN 105 Annexure 1 for even more detailed information regarding the content. These regulatory exams are mandatory and all representatives and also key individuals are required to complete these regulatory examinations.
What Is RE5 Qualification
What is RE5 qualification – All Representatives, including those employed or mandated by an FSP, who provide a financial service to a client (excluding a person rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or subordinate capacity which does not require judgment or does not lead to a specific transaction in respect of a financial product in response to general enquiries) are required to write this exam.
Difference Between RE1 and RE5
Difference between RE1 and RE5 – RE1 is a basic exam that applies to all key individuals and sole proprietors in all the Categories. This exam contains 80 questions. All sole proprietors as well as key individuals that are responsible for managing and supervising a company relating to the rendering financial services for FSPs in Category I, II, IIA, III and IV are required to write this exam.
RE5 is all Representatives, consisting of those employed or mandated by an FSP, who render a financial service to a client (excluding a person rendering clerical, technical, administrative, legal, accounting or other service in a subsidiary or subordinate capacity which does not require judgment or does not lead to a specific transaction in respect of a financial product in response to general enquiries) are required to write this exam.
Regulatory Examination – It is accepted worldwide practice and standard to establish professional examinations for professions. The FAIS regulatory examinations are, therefore, not one-of-a-kind.
RE5 certificate – There are daily requests for duplicates of outcomes, or RE1 certificates and RE5 certificates from candidates who mislaid their own. You can download and install these from the website of the company where you wrote the exams.
RE1 Examinations Study Material
RE1 examinations study material – The Inseta website has been redesigned, and students wishing to download and install the preparation material for the regulatory examinations may experience some trouble in finding it.
How To Pass RE5 Exam
How to pass RE5 exam- The first two will be easiest for those who understand their material well. Levels 3 as well as 4 are usually much longer type questions, requiring much more thinking to reach the right answer.
A simple bit of math will certainly reveal that 35 of the 50 questions in the Representative’s examination are taken from levels 1 and 2. This constitutes 70% of the questions.
When it comes to the Key Individual examination, it is 54 of 80 questions, or 67.5% of the questions.
A longer type of question will take more time to read and answer than a shorter one, yet a right answer for either type of question will only score one point. According to the exam tips from the regulator, the following is a guide to the time allocation per type of question:
– Knowledge: ½ – 1 minutes per question
– Comprehension: 1 – 1½ minutes per question
– Application and analysis: 1½ – 2 minutes per question
This is clearly just a basic guide, yet it helps to know where you can save time, and where you are most likely to spend more time.
RE5 Training course
RE5 training course – In truth there is no course for the RE5 qualification. There are however workshops that usually strech over 2 days where you will get the assistance you require to pass your RE5 exam.
RE1 Training course
RE1 training course – In truth there is no course for the RE5 qualification. There are however workshops that usually strech over 2 days where you will get the assistance you require to pass your RE5 exam.
RE Exams Registration
RE exams registration – There are several centers where you can register for the RE exams, the most popular being Moonstone. Some of the workshop providers will also assist you with your registration when attending the workshops.
RE5 Study Material pdf
RE5 study material pdf – The study material for both RE1 and RE5 is available in pdf format from the INSETA website. When attending a workshop to prepare you for the exams you will most likely receive the printed material.
The Financial Advisory and Intermediary Services Act, 37 of 2002, (“the FAIS Act”), came into effect on 30 September 2004. The objective of the FAIS Act is to:
Protect consumers, and Professionalise the financial services industry.
The Act requires all financial advisors and intermediaries (providers) to meet certain competence requirements. At the time, the competence requirements consisted of experience and qualifications. To aid industry participants, the initial qualification requirements needed to obtain a licence to act as a provider were “reduced” from full qualification requirements to skills programmes (or credit requirements) to help those in the industry that did not have any formal qualification as well as those who had to start with studies as a result of the promulgation of the FAIS Act. The intent was always to gradually increase the qualification requirements to the requirement that providers should have full qualifications.
Consequently thereof, the Decision for Fit and also the Appropriate Needs for Financial Services Providers, 2003, had to be assessed. The FSB started an extremely intensive consultation procedure with the industry regarding the competency requirements. A “blank slate” approach was followed. Simply put, the existing Fit and Proper requirements were set aside completely and industry stakeholders were welcomed to provide input as to what requirements would be suitable, reasonable and “workable for them”. Input was likewise acquired regarding what would be a useful and efficient method to implement the requirements, and what those requirements should be? The consultation procedure with stakeholders begun in October 2006 and continued up until September 2008. The consultation was open to any provider, individual, industry associations, professional body etc. Participants were mostly product experts, professional bodies, industry associations, providers, representatives from larger corporate companies, and even training providers that specialise within the financial services industry.
Regulatory examination — It is accepted worldwide practice and standard to establish professional examinations for professions. The FAIS regulatory examinations are, therefore, not one-of-a-kind. The purpose of the regulatory exam is to establish a minimum standard in regards to the following:
Knowledge and understanding regarding the role and responsibilities of a key individual or a representative under the FAIS Act. Although the FAIS Act has been in operation since 2004, it was generally accepted that the level of understanding, awareness and understanding of the responsibilities enforced by the FAIS Act on providers was lacking. This led to non-compliance with the provisions of the FAIS Act for instance; providers did not provide clients with the needed information as required by the FAIS Act.
Providers are further under the misconception that ensuring compliance with the legislation is the responsibility of the compliance officer. This is not the case– the key individual is accountable|liable to ensure compliance with the FAIS Act and also representatives also have specific responsibilities in respect thereof. The compliance officer is responsible for the monitoring of compliance only.
It was agreed that a once-off regulatory examination should|ought to address the problems referred to above, and would ensure that all providers have a proper understanding of their specific regulatory roles. The examinations would be compulsory for everyone rendering financial services to clients. This was also viewed as part of the objective to professionalise stakeholders in the industry and to have confidence that providers know as well as understand the legislation that governs their industry.
Nothing is so earthy, so beautiful and natural as a well executed mortared in place brick walkway, patio or terrace. In recent years the quality of installation has been dropping and major problems are arising that you should be aware of if you plan to have brick paving installed. See More at http://pavingspecialists.co.za/
Why is brick paving so problematic? – This is an excellent question and this article will provide the answers to that question. It should be read carefully if you are thinking of hiring a mason to build you a mortared in place walkway, patio, porch, etc
As with most problems in masonry it usually comes down to two things; design and installation. Brick paving construction is probably the most susceptible to errors made by impatient or in-experienced installers and here’s why.
Since most brick paving is in close contact with the earth it is subject to the deteriorating power of the elements. If there is a substantial amount of moisture present in the region and temperatures fluctuations are frequent above and below freezing, the freeze-thaw cycle can have the most devastating effects especially.
The choice of the paving materials, the installer and the mortar is extremely important if you wish to get the most out of your paving dollars.
What is Curb Appeal?
Curb appeal is simply the value of one’s home as it appears from the curb. Notice I said the value of your home. To put it in simpler terms, what does your home look like from the street? That’s right, the value of your home does not start on the inside, but on the outside? The value of your home begins with the curb.
What do people see when they view your home from the curb? If you ever decide to sell your home, you will soon find out that your targeted customers will judge your house based on how it looks from the curb of your home. That means if you are trying to sell your home, you must first be able to sell it from the curb. You must start with your curb, and move inward.
How is Curb Appeal Effective?
When it comes to creating a residential development and that is curb appeal helps and maintains increases property value, Residential developers have found one thing to be true. Let me say that again. It helps and maintains increase property value.
Do you live in a neighborhood that requires certain covenants? Such as: a certain style of grass, a certain style of mailbox, a certain style fence. Maybe you have restrictions such as: no vehicles on the street, no motor homes in the driveway etc. This may seem a bit harsh considering you spent a pretty penny on your home and property and then the developer puts these harsh restrictions on what you can do and how you can do it. This may seem harsh, but in reality it is not. They have learned that in order for their property value to be enhanced and maintained that curb appeal is an essential characteristic of their development. It is essential to maintain curb appeal.
Because it does indeed maintain the value and enhance of your property, it is effective.
Car owners care a lot about their lorries and want to pay the rate simply to keep them far from severe conditions of the environment. They search for methods to keep their methods of transport from being harmed.
Considering that not every house is developed with a garage and not all car owners can manage to have their own garages in the house, they search for alternative services to safeguard their automobiles. And the service is a carport.
Carports are structures particularly created for the function of safeguarding cars and trucks, vans, trucks and other kinds of lorries. These structures are built in a complimentary standing position. Some exceptions are installed on a wall. A carport does not have a total wall enclosure unlike other structures. Carports are generally planned for car owners who wish to have their cars safeguarded.
There are various sort of carports which vary from the products utilized, design of frames and the sizes. Here are some information which can assist you choose which one to select.
When picking the best carport is the product utilized, one of the significant aspects to think about. By thinking about the product, you will figure out the dependability and the cost of your selected carport.
The most inexpensive types are those made from polyethylene and polyester. When you can not manage the high expense of steel frames or aluminum carports, this is the finest option. With respect to sturdiness, carports made from these products are durable sufficient to offer security from the harmful result of the sun, rain, wind and other aspects. Another benefit is that these products are light-weight that makes it simple to move from location to location.
Aluminum made carports is tougher compared with polyethylene make. This kind of carport can quickly be put together in less time. It is likewise more resilient than the above discussed product.
You’ve picked your date, scheduled your location and began looking for gowns. Now you’re trying to find a wedding photographer. There are a great deal of designs of wedding photography in Randburg out there, and while individuals in the market may understand these designs inside out they be puzzling for couples. Keep in mind too that not just are you choosing a design of photography, however various kinds of wedding photography can alter needs on your time on your big day.
Selecting the design of photography you desire at your wedding comes down to 3 things. What design of images you desire, for how long you wish to invest with a photographer on your big day, and most significantly of all your very own character and convenience in front of the electronic camera.
There are a lot of various photography buzzwords out there. Classic, editorial, modern or creative are simply a couple of. Possibly more confusingly they are utilized by various professional photographers in various methods. Eventually it depends on couples to ask a lot of concerns and do lots of research study prior to choosing a photographer, and to count on seeing complete set of pictures from finished wedding events Do not depend on the very best 5 or 6 shots from numerous wedding events to make an option.
Wedding photography designs are a compromise in between producing great work and keeping to a schedule. A photographer may produce fantastic images, however if he takes too long to produce them you most likely will not take pleasure in the experience.