Reinsurance forms an important part of the financial services industry as it is a major contributor to the industry’s sustainability. However, over the past few years, the number of natural catastrophe’s and other risks has risen within the financial services industry. This has put the industry’s sustainability under severe pressure at times.
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According to Liberty’s research the barriers to getting a financial adviser are that 22% of clients believe that advisers are too expensive, while 19% believe they will not add value to their lives. FAnews spoke to Jac de Wet, Wealth Manager at PSG Wealth, Jason Bernic, CFP® and Financial Planning Coach at Old Mutual Wealth and Richard Rattue, Managing Director at Compli-Serve SA about this perception, how we can change it and whether digital marketing could be the answer to gaining trust.
Read moreSmart devices have been a revolution since their introduction. Smart technology has evolved from the tablets and phones that we own and love, to wearable devices such as fitness trackers and telematics devices that are installed on our vehicles. The link between these devices and our lifestyles is growing daily. In addition, they will be a major influencer when it comes to insurance policies and assessing and pricing risk in the future.
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