Mukuru a licensed FSP provider
Is Mukuru Licensed to Provide Funeral Cover?
An FSP is a company licensed with the Financial Sector Conduct Authority (FSCA) to render financial services to the public. The purpose of the Financial Advisory and Intermediary Services Act is to:
- Protect consumers of financial products and services.
- Regulate the selling and advice-giving activities of FSPs.
- Ensure that consumers are provided with adequate information about the financial products they use and about the people and institutions who sell these financial products. This must be done in a competent and open manner.
- Establish a properly regulated financial services profession.
Mukuru's Licensing and Authorization
Mukuru Financial Services (Pty) Ltd is an authorized FSP (FSP 45517) and an approved intermediary of Guardrisk Life Limited, an authorized financial services provider (FSP 76) and licensed life insurer. Mukuru Funeral Cover policies are administered by Siyavika Risk Solutions (Pty) Ltd (FSP 44999).