The Fiduciary Institute of Southern Africa (FISA) is the only professional body focusing solely on fiduciary practitioners in Southern Africa.

FISA is a non-profit organisation with individual fiduciary practitioner members. It sets high minimum standards for the profession and provides consumer education on fiduciary matters.

FISA members come from trust companies and banks, as well as the legal, accounting and financial planning professions.

What do FISA members do?

FISA members do estate planning, draft wills, administer trusts, deceased estates, and beneficiary funds, and administer client assets.

FISA members collectively manage several hundred billion Rands. They draft several thousand Wills each year and administer around 50 percent of deceased estates reported to the Office of the Master of the High Court.

FISA helps to smooth processes for members and the public, through its good working relationship with the Master’s Office and the SARS.

Read our 1-page leaflet:

WHO-WHAT-IS-FISA-PRINT-FILE-CMYK.pdf

FISA Governance

FISA has several codes to which its members are required to adhere. Please click on these links to read our constitution, code of Ethics and disciplinary regulations.

Structure

FISA is governed by a 10-person Council. There are seven special purpose committees comprising experts in the areas of trusts, estates, compliance, tax, education and training, employee-benefit trusts and beneficiary funds.

FISA also has local boards in areas where there is sufficient practitioner representation. This facilitates cooperation at a regional level between members and bodies such as SARS and the Master’s Office

‍

Listen here: https://covermagazine.podbean.com/e/understanding-the-power-of-attorney-in-south-africa/