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What’s Inside… FAnews Magazine June 2024

As I review this edition, I'm filled with pride and excitement about what we've put together. I'm incredibly thankful for our amazing team. We might be small, but we get things done. I appreciate the strong relationships we've built over the years, the smart people who share their insights with our readers, and the brands that support our efforts to improve the industry by keeping everyone informed. This edition includes a great mix of articles: technical insights, the impact of AI, the importance of the human touch, real-life examples of mistakes we can learn from, and a look at the future.

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Straight Talk
Horror rape and murder conviction statistics set the scene for SA’s financial crime free-for-all

South Africans are a funny lot. Standing at the entrance of a major retailer over the weekend, your writer watched a stream of shoppers passing up the opportunity to save the Rhino. You know the inconvenience, dear reader, of halting your mad grocery rush to reach into your wallet, etc. Not to mention the data protection concerns of filling out a National Parks donation card.

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Featured story
Secondary perils: a new challenge for the insurance industry

Recent floods and disruptive snowfall in South Africa have highlighted the growing threat of secondary perils - smaller but frequent events like hailstorms and wildfires that cause significant cumulative damage. In an opinion piece on the developing scope of secondary perils, Rethabile Shabalala, a Senior Associate at Norton Rose Fulbright South Africa, discusses this pressing issue.

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latest videos & podcasts
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latest quiz / Survey
Broker Insights on Gap Cover… take the survey
Broker Insights on Gap Cover… take the survey

The Gap Cover market.... share your observations on the current trends and broker concerns. This survey will take just a few minutes of your time, and your responses will contribute to a deeper understanding of this dynamic sector.

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Using cellphones while driving has become a disastrous trend
Using cellphones while driving has become a disastrous trend

Using cellphones while driving has become a disastrous trend, significantly increasing the risk of crashes and fatalities on the roads. As a short-term broker, do you ever talk to or address this in any way with your clients? Let's delve into the topic. A

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Quick Polls

QUESTION

Which aspect do you think is most critical for the future success of financial advisory firms?

ANSWER

Embracing technological advancements
Rethinking fee structures
Focusing on inter-generational wealth transfer
fanews magazine
FAnews June 2024 Get the latest issue of FAnews

This month's headlines

Understanding prescription in claims for professional negligence
Climate change… the single biggest risk facing insurers
Insuring the unpredictable: 2024 global election risks
Financial advice crucial as clients’ Life policy premiums rise sharply
Guiding clients through the Two-Pot Retirement System
There is diversification, and true diversification – choose wisely
Decoding the shift in investment patterns
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