FANews
FANews
The Stage
Increased accountability: the social uprising against government

Protest beyond the law is not a departure from democracy; it is absolutely essential to it. These were the words of American historian Howard Zinn, and they are very appropriate in South Africa’s current socio political climate where we are seeing mass protests and a general voice of dissatisfaction when it comes to government policies.

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Straight Talk
Prep for change and embrace RDR

It’s always amazing to watch a sportsperson in their prime perform on the world’s biggest stage. Being an Olympic year, a lot of focus will be on Usain Bolt and Mo Farah when the world descends on Rio. But are we aware of what these athletes go through in order to perform the way that they do? Months of gruelling preparation are necessary in order for them to secure gold. The same applies for companies in the financial services industry that want to be ready for the implementation of the Retail Distribution Review (RDR). There are certain steps that need to be taken to make your practice RDR ready

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Featured story
Financial education: Too cool for school?

A major issue in South Africa is the level of education when it comes to the financial services industry. Caroline da Silva – DEO of FAIS at the Financial Services Board – points out that 86% of the adult population in South Africa has access to a bank account and savings products. However, she rightly questions whether this necessarily adds value to their lives.

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Industry Events
Claims All Products 2016
Company :Camargue
Start Date :31 May 2016
Directors’ & Officers’ Liability 2016
Company :Camargue
Start Date :07 June 2016
Astute Charity Golf & Croquet Day
Company :Astute
Start Date :09 June 2016
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Quick Polls

QUESTION

Having certain binder fees capped at 2% of the net worth of the gross underwriten premium is :

ANSWER

Ridiculous, how are we supposed to make a living
Worrying, how can the FSB expect us to engage with clients more for less money
The right thing to do as it will root out the bad apples in the industry
AE fanews magazine
FAnews April 2016 EditionGet the latest issue of FAnews

This month's headlines

Robo-advice – friend or foe to the adviser?
Junk status – what is the bottom line?
Should I stay or should I go – more on succession planning and selling your practice
To pay or not to pay: The question of warranting fees
Genetic ‘make-up’ marks new predictive profiling
Bringing Millennials into retirement
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