1. FAIS Fit and Proper
20 September 2007

2. Implementation of the project
The INSETA FAIS Fit and Proper Project will be implemented in two phases:
Phase 1: National Assessment in November 2007
Phase 2: Curriculum, Learning Material, RPL Tools and National Assessment

3. National Assessments
The first National Assessment will “follow” a similar format and process as that done in 2004
The various “papers” will cover unit standards not covered in 2004

4. Unit Standards – written in 2004
Long Term A (category 1) [minimum 60 credits]
Long Term B [minimum 60 credits]
Long Term C [minimum 60 credits]
Short Term Personal [minimum 30 credits]
Short Term Commercial [minimum 60 credits]
Pension Fund Benefits [minimum 60 credits]
Retail Fund Benefits [minimum 60 credits]
Collective Investments [minimum 60 credits]
Health Benefits [minimum 60 credits]
Friendly Societies [minimum 30 credits]

5. Assessments
The questions will be designed in the form of case studies with a multiple choice selection
The content of the case studies will assess – in a rigorous and responsible way – knowledge, cognitive skills, analytical skills, logical thought, etc.
The educational integrity will underpin the design of the assessments

6. INSETA’s Learning Provider partner
Imfundo
Craig Duff, CEO
Ronél Burger, Managing Director
Presentation of the Assessments in November