
Derek Smorenburg
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Derek Smorenburg started working as a Junior Messenger on the South African Railways and Harbours in 1963 at the age of 19 with a Standard Eight (Grade 10). In April 1966 he commenced his journey in the Financial Services Industry with the Yorkshire Insurance Company, Standard General Insurance Company, Willis, Faber, Dumas and Roland (Standard Bank Assurance Brokers) and Southern Life before in 1987 he started a Brokerage; the Financial Group. He was the key initiator and developer of a world first umbrella fund administration company Total Care Strategy that led to the first-of-its kind registration of Umbrella Fund Rules in 1989 by the then Office of the Register of Financial Institutions (FSB). In 1999, Total Care Strategy was sold, in partnership, to Sanlam Employee Benefits to become Sanlam Umbrella Fund Administrators (SUFA).He was, until March 2020, Chairman of the Board of Trustees for the Sanlam Umbrella Funds. During 2010 Derek established with Sanlam the Professional Business Risk Analysis Council (PBRAC) with336 brokers. In 2011 he ran an informal South African Independent Financial Advisor Association (SAIFAA – formally PRAPA).During the period 2011, 2012, 2013, 2014, 2015 he facilitated multiple SAIFAA (PRAPA) Workshops and Conferences attended by over 800 Delegates sponsored multiple Product & Service Providers. During 2016 he started with the formalisation of SAIFAA “The Voice of The IFA” that became a reality during August 2017 with in excess of 100 Founder Members.
Condolences
Alan Botha
I was so saddened to hear of Derek's passing, he was always larger than life and had a real zest and passion for the industry. My heartfelt condolences to Linda and family.
Kevin Symons
Sadly and unexpectedly the passing of our Chairman and Founder of SAIFAA. Derek with his vast experience in our industry and passion for the Independent Financial Advisor and their services to the public, was the driving force in our lives and practices, encouraging us to continually improve ourselves and our services. He will be greatly missed by us all.
John Kinsley
Derek was larger than life and loved a challenge! Condolences to Linda and family.
George Dell
My heartfelt condolences go out to Linda and family at Derek’s passing
Bev Jensen
Dear Derek, I know we all have to pass at some stage but somehow one never thought that this could ever happen to you because you were always larger than life. The life and soul of every event and everyone knew when Derek Smorenburg had arrived. You will always be remembered as you were, the one and only Derek Smorenburg. Always positive, no negatives. You will always be remembered for who you were. Linda, watch out for messages from Derek, he loved you so much. Bev Jensen (ex TCS)
Bay Union Team
The world has lost an incredible person, you have our sincere condolences and deepest sympathy. Love the Bay Union Team.
Martin De Kock
Linda and family. Derek was larger than life and the hole he leaves is probably a crater. He was the ultimate gentleman. Always positive and up for a new challenge. Pray that you will find peace in this sad time.
Gerda van der Linde
Dear Linda and family. Our prayers and thoughts are with you and your family. I will always remember Derek for the energy he approached everything he believed in. His brilliant sense of humor and kind heart will stay with all that experienced it.
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