Tribunal upholds debarment of Clientèle consultant who misled client over funeral policy
The Financial Services Tribunal upheld the debarment of a former Clientèle Life consultant after finding that he failed to make clear that a sales call concerned a funeral policy, not a loan.
A former Clientèle Life Assurance sales consultant has been banned from providing financial services after it was found he misled a client about the nature of their request. Keamogetswe Khanya Nkosi was found to have improperly led a client into signing up for a funeral policy instead of a loan, as ruled by the Financial Services Tribunal. The tribunal dismissed Nkosi's attempt to reconsider his debarment, finding his conduct to be improper and establishing that he did not act with honesty and integrity.
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