Question: 1 . TopPlan ( Pty ) Ltd ( TopPlan ) is an authorised financial services provider ( FSP ) , in terms of the Financial

1. TopPlan (Pty) Ltd (TopPlan) is an authorised financial services provider (FSP), in terms of the Financial Advisory and Intermediary Services Act 37 of 2002(the FAIS Act), to provide Category I financial services (advice and intermediary services). Which of the following statements are correct?
(i) TopPlan may only appoint natural persons as representatives.
(ii) TopPlan must regularly evaluate and review its key individuals' and representatives' technical knowledge, skills and expertise.
(iii) TopPlan must provide its clients with a statement of account, quarterly, in connection with the financial services that TopPlan renders to its clients.

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