FSCA Alerts Investors to Above and Beyond Trading Funeral Undertakers (Pty) Ltd

The Financial Sector Conduct Authority (the FSCA) warns the public to be cautious when conducting any financial business with Above and Beyond Trading Funeral Undertakers (Pty) Ltd (Above and Beyond). This entity is suspected of rendering unauthorised financial services and is not registered as a Financial Services Provider (FSP) or as a representative.

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Without commenting on the business of Above and Beyond or its products and services, the FSCA wishes to point out that funeral parlours and/or undertakers that provide financial services, are required to be underwritten by a registered insurer and be authorised to provide financial advisory and intermediary services. The FSCA wishes to inform the public that Above and Beyond is not authorised to provide financial advisory and intermediary services in South Africa and is not underwritten by a registered insurer.

Members of the public should always check that an entity or individual is registered with the FSCA to provide Financial Advisory and Intermediary Services and what category of advice it is that the entity is registered to provide.