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29 March 2019
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Story Lacea Loader
Edward Kieswetter, newly appointed SARS Commissioner.
The Chairperson of the Council of the University of the Free State (UFS), Mr Willem Louw, extended a message of congratulations to Mr Edward Kieswetter on his appointment by President Cyril Ramaphosa this week as Commissioner of the South African Revenue Service (SARS).
Mr Kieswetter served as Deputy Chairperson of the UFS Council from 2008 to 2014 and was Visiting Professor at the university’s Business School until 2018.
“On behalf of the Council and the university community, I wish Mr Kieswetter well in his work as newly appointed SARS Commissioner. It is evident that the high-level selection panel made an exceptionally good choice for this crucial position. Mr Kieswetter’s vast experience as former SARS deputy commissioner, his subsequent track record of transformative leadership, and his experience in turning around a large institution will serve him well in this new role,” says Mr Louw.
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Academic addresses financial planning leaders at world summit
2010-05-04
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| Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), addressing financial leaders at the World Financial Planning Summit. |
Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), is chair to four Financial Planning Standards Board (FPSB) expert panels that guide the global Certified Financial Planning (CFP) certification programme. At the recent World Financial Planning Summit, held in Taipei in China, he challenged a group of global financial planning leaders to support the formation of a global financial planning body of knowledge with sustainable career-path development opportunities.
He said: “For financial planning to be recognised as a distinct professional practice and a global profession, the financial planning community must establish a universal body of knowledge that is supported by applicable in-depth research.
“We need to establish how professional bodies should collaborate with academia to integrate a more competency-based education and training environment that combines theory with practice. Fostering and promoting comprehensive research in financial planning topics is another key challenge that must be addressed in order to develop a tertiary knowledge framework for the financial planning profession.”
Adv. Oosthuizen, who is playing a big role in providing consistent and rigorous education and assessment tools for financial planning in 2010, said that a bachelor’s degree should be a compulsory minimum requirement for practising financial planners.
About the learning curve between the academic and work environments in the financial planning profession, Adv. Oosthuizen said: “Implementing a career-path model that supports a more structured approach to apprenticeships and supervised practice would complement a specialised financial planning body of knowledge and provide entrants to the profession with the necessary theoretical knowledge and practical experience to offer competent and ethical financial planning.”
The World Financial Planning Summit engaged global leaders of more than 17 financial planning standards-setting bodies, as well as regulators, financial planning educators and other invited guests in a dialogue about the steps needed to gain recognition for financial planning as a distinct, global profession.