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24 Fairdale Road, Diep River Cape Town, Western Cape 7800
Mon - Fri : 09:00 - 17:00
+27 (021)-712-1190

Disclosure Notice / Terms and Conditions

Terms and Conditions

The information and images construed on this website is not to be construed as advice in terms of the Financial Advisory and Intermediaries Services Act 2002 (FAIS Act). All information is merely the opinion of the contributor and should only be viewed as such.

Please verify all information before making any decision, based on the contents of the website, as Professional Financial Solutions, it’s owners, operators and staff will not take responsibility for any direct or indirect loss or damage you may suffer as a consequence of using or relying on any information provided on this website.

Disclosure Notice

In complying with the FAIS legislation, we bring the following information to your attention. These disclosures are for the purpose providing information relevant to our business, our experience and our professional relationships. Should you require any for any additional information, you may direct a request to the offices of Professional Financial Solutions by post, facsimile or email.

Name of Service Provider:                  Professional Financial Solutions

Legal Status:                                               Independent Financial Advisor

Name of Key Individual:                    Rafieq Saville

Name of Compliance Officer:          Compliance with the FAIS Act is monitored by Masthead Distribution Services Pty Ltd, 1st                                                                                                                                                           Floor, AST Terraces, Golf Park, Mowbray 7700

Business Address:                                PFS House, 24 Fairdale Road, Diep River 7800

Postal Address:                                   109 First Road, Grassy Park, 7941

Contact Numbers:                             Tel. 021—712 1190  Fax 021—712 1191 Mobile: 084 499 0672 Email:

Affiliated to / registered with:         South African Council for Medical Schemes, Financial Planning Institute of S.A., Insurance                                                                                                                                                        Institute of the Cape of Good Hope, Financial Services Board, IFA Net, Masthead Financial                                                                                                                                                        Advisors Association, Financial Intermediaries Association.

Non—Cash Incentives:                       PFS does not receive any non-cash incentives.

Confidentiality:                                     All information furnished by the Client shall be treated as confidential and disclosed to Client’s                                                                                                                                           other Advisers, Bankers, Investment Operators, Life Officers or other organisations with                                                                                                                                                           whom PFS is negotiating on Client’s behalf with Client’s written consent only to the extent                                                                                                                                                       that PFS, in it’s absolute discretion, considers necessary or as required by law.

Professional Indemnity:               Glenrand MIB / AON

Contractual Agreements:             MMS Group, Liberty Life, Discovery Health, FMI, Momentum Wealth, Prescient / 27four,  Fedbond,                                                                                                                                            Brightrock, Fairbairn Capital, Old Mutual Group, Discovery Group, Hollard, Sanlam Life, PPS, Stanlib, Oasis Holdings (Pty) Ltd, Investec,                                                                      Cadiz, Marriott, Kagiso, Nedgroup Life and Allan Gray.

Shareholding:                                    No shareholding greater than 10% in any of the organisations listed under Contractual Agreements.

Business spread:                               While business is generally spread between a number of the above product providers, the vast majority of risk insurance business has been                                                   placed with Hollard and FMI over the past twelve months.

Accreditation:                                Details and Letters of Accreditation are available for inspection on request.

Principal Broker Experience:     Thirty-two years experience in Commercial Banking, Life Insurance, Short Term Insurance, Investments and Marketing.

Certification:                                        AFP, ALSA, CEA

Fees and Charges:                         Remuneration is derived from a combination of commissions and fees. Fees and charges are                                                                                                                                              levied as per pre-determined rates for services rendered. Professional Financial Solutions                                                                                                                                                      reserves the right to, in its absolute discretion, negotiate, discount, offset, waive and increase                                                                                                                                              rates, charges and commissions when necessary. Schedules of rates and charges are                                                                                                                                                            available on request. Commissions earned by PFS from business conducted with its clients is                                                                                                                                                deemed to be full or part-remuneration (whatever the case may be) for services delivered to                                                                                                                                              the client and should such commissions be, in part or completely, reversed or recovered from                                                                                                                                            PFS for any reason, PFS in its absolute discretion reserves the right to claim such reversed or                                                                                                                                                  recovered commissions from the client.

Code of Conduct:                         Professional Financial Solutions subscribes to the Code of Conduct as set out by Masthead                                                                                                                                                    Financial Advisors Association, but also observes the Professional Codes as set out by the                                                                                                                                                      Financial Planning Institute of S.A. and the Financial Intermediaries Association.

Complaints Resolution Policy: PFS has a Complaints Policy in place. The details of which are available for inspection on request. 



We are committed to providing comprehensive financial planning services that are innovative, yet practical and which exceeds all reasonable expectations of our clientele. This we achieve through understanding exactly the needs of our clients and through applying precise solutions with the highest level of diligence, efficiency and service excellence.



Particulars of Long  – Term Insurance Ombudsman:

Po Box 45007

Claremont, 7735

Tel: (021) 674 0330    Fax: (021) 674 0951


Particulars of Register of Long—Term Insurance

Financial Services Board

PO Box 35655

Menlo Park 0102

Tel: (012) 428 8000    Fax: (012) 347 0221

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