Guiding consumers since 2009

FSB warns against Olmen Finance Services

By Jessica Anne Wood

Olmen Finance Services is not an authorised Financial Services Provider (FSP), the Financial Services Board (FSB) has warned.  Olmen Finance Services has been conducting business using another company’s FSP number, and the public has been warned against conducting business with it.

“It has been brought to the Registrar’s attention that the entity purports to have been issued with the FSP Number 45823 belonging to Andiset (Pty) Ltd trading as All Things Financial,” revealed the FSB.

However, the FSB clarified that Andiset (Pty) Ltd (trading as All Things Financial) is not associated or linked to Olmen Finance Services. Due to this, Olmen Finance Services is not authorised to use the FSP number 45823.

“The Registrar authorised Andiset (Pty) Ltd trading as All Things Financial with FSP Number 45823 to conduct business as a financial services provider on 7 April 2015,” added the FSB.

If you want to conduct financial business with an institution or person, the FSB advised checking if the person or institution is authorised to render the service first. To do this, you can contact the FSB via 0800 110 443 or on their website at www.fsb.co.za.

FSB , FSP , fraud

Recent Articles

Featured Are you entitled to your spouse’s pension after divorce?

Divorce means more than just parting ways with your partner. It may also involve parting ways with your assets. The Divorce Act states that your retirement fund forms part of your assets. This means that it will be considered when dividing up your assets.

Retrenched – what payments are you entitled to?

In the current struggling economic climate, retrenchments are a regular occurrence and not everyone survives the cut. If you find yourself on the receiving end of retrenchment you may have questions about the payments that are due to you.

Do you want to settle your debt?

You may be considering settling your credit account, whether it’s a credit card or various store accounts, now may be as good a time as any. This especially if you have saved, or you received a tax return or salary bonus. 

Can you afford a personal loan?

Taking out new debt is not always a choice. However, if you’re not pressed by a medical emergency or an unforeseen disaster, it’s worthwhile considering whether you can actually afford it. But what does it mean to “be able to afford a personal loan”? What percentage of your income should you not exceed dedicating to it? 

Deals

Eat for less on Tuesdays at Panarotti’s

Price: R59.99
When: Tuesdays
Where: Nationwide

Get discounts with Clicks ClubCard Seniors Programme

Price: Available on request
When: Daily
Where: Nationwide

Amani Spa Voucher Special

Price: R1000
When: Daily
Where: Cape Town, Jhb, and Port Elizabeth