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FANews
The Stage
Kids: Your new clients, are you prepared?

Over the past two years, a lot of money – and time – has been spent on the study of Millennials and what makes them tick. It is clear that this generation is unlike any other. Many extraordinary social influencers, such as technology, have changed the way they interact with the world around them and how they ultimately relate to it.

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Straight Talk
FSB addresses concerns surrounding Regulatory Reform

As the months go by in 2017, we are coming closer to the full impact of the Financial Services Board’s (FSB) programme of Regulatory Reform being felt on the industry. This will culminate in the adoption of the Twin Peaks model of regulation which separates powers between the South African Reserve Bank and the Financial Sector Conduct Authority, which is the entity that the FSB will transform into.

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Featured story
New trends can only benefit the industry

We are entering into an interesting phase in the future development of the financial services industry. Traditional ways of investing are being cast aside and the effectiveness of traditional retirement savings vehicles are being questioned. This has given rise to the unprecedented growth of umbrella funds in the industry. This has had a profound effect as individuals, and companies, are seeing the benefits of this. But do they really appreciate them?

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Quick Polls

QUESTION

It is believed that it will cost R1.38 bn a year over the next 10 years to fix Johannesburgs roads. Do you think there is room for partnerships with the insurance industry to assist in this as the industry would benefit from fewer claims?

ANSWER

Yes. Get it done, we face enough cost pressures already, decreased claims would be good.
No. Where is all of our tax money going?
Undecided. If you can prove that there is a correlation between the state of our roads and increased claims we can talk again.
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FAnews April 2017 EditionGet the latest issue of FAnews

This month's headlines

Falling from grace to junk
From the hunter to the hunted
Are we there yet?
The adviser’s new go to trick
Calling the retirement superhero
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