CONFLICT OF INTEREST MANAGEMENT

Rand-Pro Insurance Brokers FSP: 5024

1. Background

As an Authorised Financial Services Provider Rand–Pro Insurance Brokers promotes the principles of fair and unbiased services to its clients and is committed to fair and appropriate services in the interest of its clients and stakeholders

The Directors of Rand–Pro Insurance Brokers therefore adopt the following Conflict of Interest Management Policy which will be applicable to all aspects of the business.

This Policy will be reviewed annually, or as required, by the directors to ensure it remains relevant to any changing circumstances or legislation

2. Definitions;

Conflict of Interest

Any situation in which a provider or a representative has an actual or potential interest that may, in rendering a
financial service to a client:
(a) influence the objective performance of his, her or its obligations to that client; or (b) prevent a provider or representative from rendering an unbiased and fair financial service to that client, or
from acting in the interests of that client, including, but not limited to: (i) a financial interest; (ii) an ownership interest; (iii) any relationship with a third party.