Tony Harper CFP®
Managing Member and Key Individual
Financial Portfolio Advisory Services CC (FINPAS CC)
June 1994 – Current
Professional Associations
Institue of Life & Pension Advisors – member 1986
Financial Planning Institute Of Southern Africa – member since 1996 and investment committee member.
Financial Intermediary Association – FIA Member
I started my career in the financial Planning industry in 1982 with Financial Planning Services- FPS LTD, part of the Sage group who issued the first unit trust in South Africa. I left them in 1991 to start my own practice where I continue to practice as a wealth manager and financial planner for some 150 private clients
I hold the ILPA certificate of competency issued by the University of Orange Free State in 1986. In 2000, I received the internationally respected CERTIFIED FINANCIAL PLANNER® accreditation through the Financial Planning Institute (FPI)
In 2015, I became actively involved with the FPI and was elected to be a member of the investment committee. I was re-elected for a further 2 year term to 2019.
My personal interest is in the process of coaching clients about the benefit and consequences/risks of Living Annuities. The industry and advisors need to make the product more robust by the construction of asset classes adjusted to different withdrawal rates and how using a two year cash pot with distributions to help offset a bad sequence of events at the start of the plan.
The other current concern is the authority’s restriction of REG 28 on retirement plans that have very long investment horizons. I believe the industry (ASISA and FPI and FIA and UNIONS) should approach the authorities with evidence of the damage such a restrictive investment mandate is having on members of retirement funds. Not only from performance, but members resigning due to a lack of trust in the current regime and the custodians of the GEPF.
I look forward to engaging with clients/members in these exciting times.
