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The Stage
Financial advisors urged to collaborate for success

South Africa’s small, medium and micro-enterprises (SMMEs) will be the principle drivers of the change needed to restore the country’s economic prospects. Peter Olyott, president of the Financial Intermediaries Association of Southern Africa (FIA), told delegates at the association’s 2019 Advice Summit that government’s role was to facilitate this change. He added that the summit theme of “collaboration breeds success” was chosen to illustrate the need for each of the association’s members to work together with one another, the industry and government to achieve common goals.

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Straight Talk
Solutions for industry challenges are available

As the industry evolves, it is becoming evident that there needs to be a change of focus in order to cover the risks that will become more pertinent in the future. Not only is this the responsibility of insurers when it comes to product development and underwriters when it comes to claims stage, but it is also becoming the responsibility of financial advisers when they are engaging with clients.

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Featured story
Trying to achieve balance could be difficult

There are mixed feelings towards National Health Insurance (NHI). Some say it will come at a cost to those in the private sector, while others believe trying to achieve a balance between a private system and the NHI system will be difficult.

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FAnews October 2019 Get the latest issue of FAnews

This month's headlines

Non-disclosure - a question of fairness
Level of insurance regulation notably tightened
The cost of treating cancer
Employee Benefits… an untapped opportunity
Bound to NHI… whether you like it or not
A stormier world for marine insurers
Examining the application of reinstatement clauses
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