Intermediaries / Brokers / General

Reflecting on 2023 – The ultimate success blueprint for financial advisers

In the ever-evolving landscape of financial advice, staying ahead of the curve is not just a goal but a necessity. As we approach the close of 2023, financial advisers find themselves at a crossroads, ready to navigate the challenges and seize the new year’s opportunities.

From confusion to clarity: Sound advice can bridge the gap to financial literacy

A nine-year grind to commission and fee uncertainty

It has been nine-years since the 2014 Retail Distribution Review (RDR) saw the light of day, promising to clearly define categories or types of adviser and introduce significant changes to the commissions and fees that brokers, financial advisers and intermediaries could earn. Alas, the final decision on these key issues has been repeatedly kicked down the road, leaving industry stakeholders to plod along under the broad guidance of treating customers fairly (TCF) principles.

An innocent-looking email could scupper your advice practice

As you scan today’s headline you will no doubt be sighing in unison with thousands of other FAnews readers: “Ah no, not another cyber risk piece”. Well, sorry for you, dear reader, cybercrime is a growing and topical threat that no business, small or large, can afford to ignore. To make the discussion more relevant to financial and risk advisers, FAnews attended (sic) the latest Morningstar South Africa Advisor 2.0 Webinar series, simply titled: ‘Cyberattacks’.