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FANews
The Stage
A winning strategy for a difficult task

FAnews attended the Sanlam Benchmark Survey where there was a major focus on Millennials and the way their influence is growing within the financial services industry. We also attended an event which was hosted by FMI where the key note speaker gave his views on how advisers can engage with clients over social media. The picture that was painted during these events was that dealing with Millennials can become very tricky for some advisers. How do they feel about this?

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Straight Talk
Forward thinking is the best thinking

The 2018 South African Underwriters Associations (SAUMA) Annual Conference, which is one of the very prominent events happening every year, was an extremely well attended event filled with valuable and relevant content. SAUMA always manages to keep a good balance between SAUMA specific, regulatory and political/economical content to keep members engaged on the real topical issues of the day.

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Featured story
Are amendments to the Bill questionable?

Last week Minister of Health, Aaron Motsoaledi, announced the introduction of two Bills: the National Health Insurance (NHI) Bill and the Medical Schemes Amendment Bill. The Bills, according Motsoaledi, will pave the way for more access to medical healthcare through NHI. The minister said the amendments being introduced are meant to provide much relief to patients finding themselves in financial distress due to the cost of health care.

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Quick Polls

QUESTION

Liberty recently shared the news that its IT systems were targeted by hackers who had taken the company’s data and demanded payment:

ANSWER

Will affect its reputation, future profits and goodwill of the business
Should be a wakeup call to many in the insurance industry of the potential risks that are out there
Is just another breach to be reported in South Africa
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FAnews June 2018 EditionGet the latest issue of FAnews

This month's headlines

Taxing of crypto currencies… the rules are clear
Meaningful CPD Planning
Policing broker fees #PPRs
Hinged on false information
The client gets away unscathed
Investing… it’s about more than just performance
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