Financial Planning

The ABCs of being financially savvy

Focus on the essentials and completely revisit your personal budget, if Covid-19 has hit you hard financially

How would you tackle the financial advice challenge?

For South Africa’s advice community to have any chance of addressing the country’s poor financial inclusion stats, they will have to scale the twin peaks of advice affordability and product suitability. This truth was exposed during a forthright discussion between the Financial Planning Institute of Southern Africa (FPI) and financial journalists in preparation for the institute’s 2021 Financial Planning Week (FPW). This year’s initiative will play out under the theme: “Live your today and plan your tomorrow” and will include a series of live FPI webinars, one per day from 4-8 October.

Scale plus independence; a win-win for advice practices

The Holy Grail for an independent advice practice is to build scale to maximise top-line returns without compromising the integrity of the advice process or the client experience. Building scale without losing independence can be challenging; but smaller advice practices can take heart from the fact that the journey has been travelled before. FAnews attended the 2021 Financial Planning Summit, hosted by The Collaborative Exchange, to learn how Warren Ingram, co-founder of Galileo Capital, went about growing his financial planning practice.