KEEP UP TO DATE WITH ALL THE IMPORTANT COVID-19 INFORMATIONCOVID-19 RESOURCE PORTAL

FANews
FANews
RELATED CATEGORIES

A message from the The Finanical Planning CEO

22 January 2021 Lelane Bezuidenhout, CEO, FPI

 

 

Welcome to 2021, the year of recalibration, stamina and endurance.
 
We had all hoped that the Covid pandemic would have been a distant memory by now,
but if anything, it appears to be worse. My condolences to everyone who has suffered hardship or loss because of this dreadful virus. 
 
We have to keep a positive outlook, though. Does this dark cloud have a silver lining?
Are there any new opportunities that have been created? How can we make the most
of each day, each breath, while remembering those who are struggling?
 
Looking back at 2020, I realised that we have a lot to be thankful for at the FPI, and
a lot to look forward to in 2021 despite the challenges.
 
What are we thankful for?
 
You!
 
Thank you for supporting the FPI during 2020. Thank you for renewing your membership
and for believing in the professional standards that the Institute embodies. Thank you
for being there for South Africans when they needed you most, and for your ethical
and sound professional advice.
 
Thank you for attending our online CPD events and our first ever digital convention.
If you missed the convention, you can still register for the 2020 convention until March
2021, by visiting www.fpi.co.za or by contacting [email protected].
 
Thank you to the candidates who did not decide to wait until after lockdown, and instead
took the bold step of sitting for the FPIs first-ever online Professional Competency Examinations. And thank you to the FPI staff: without the team, including the
Board and all our various committees, none of the above would have been possible.
 
What can we look forward to in 2021?
 
Here are a few highlights:
 
A new vision statement. We are looking forward, not backwards. The new FPI vision statement is: Professional financial planning and advice for all. Including professional
advice in the statement, not just planning, aligns better with our advocacy stance and
our responses to the FSCAs advisor categorisation paper, as well as our draft
COFI (2020) response to the National Treasury. (You can find our responses in the
Library, under the Membership Community tab.) 
 
Save the date. The FPI AGM will be on 09th of June 2021.  Further communication will
follow closer to the time.
 
Refocus and revamp. Our Diversity and Inclusion strategy will be under the
microscope for 2021, and we hope to make great strides in this area. We will also be revamping the Let's Plan online portal, and our focus on consumer education will be
stronger than ever via our FPIMYMONEY123 programme, using social media platforms
and the expertise of our professional members.
 
Discussions with regulators. We will continue to engage with regulators and treasury regarding the amended COFI bill and other regulations that will likely see the light in
2021, especially in terms of the TCF framework and RDR proposals.
 
Online exams. Contact [email protected] for more information about our online Professional Competency Examinations, we will have three and not just two sittings
this year. 
 
New membership system. We are moving to an agile new membership system,
which caters better to our members needs. It will be easier to complete and record your
CPD, and renew your membership. More about this soon.
 
Office renovation. Last but not least, we are fixing up our offices. A burst pipe wreaked
havoc over the festive season, but we are looking for the silver lining this year and the
flood has given us a great opportunity to modernise our working space.
 
Virtual events, online programmes and webinars
 

  • FPIs Annual Refresher (26th January, 29th January and 4th February 2021): Registrations are still open, so hurry if you want to be part of this live event with Q&A sessions, featuring Wessel Oosthuizen, Lelane Bezuidenhout, Hester van der Merwe, David Kop and Dumisa Sihawu. 

 

  • Budget Trilogy (24th and 25th of February 2021): Register for this online event before the 23th of February 2021

 

  • 50+ free webinars for FPI Professional members: On subjects ranging from technical knowledge to general tips, ethics and practice standards. We rearranged the information on the learning platform to make it even easier for you to obtain your CPD verifiable hours.

 

  • 2021 FPI Professionals Convention (25th and 26th of October 2021): The 2021 convention will be in a hybrid format if regulations allow. Diarise the date. 


 
In closing, please remember that the membership renewal window opened in
November 2020 and will remain open until 31 March 2021. Please renew your
membership as soon as possible. Do not forget the option to pay via debit order. If you
need any assistance with this, send an e-mail to [email protected] or
call +27 11 470 6000. 
 
If there is anything you would like to discuss with me, I would love to hear from you.
Call me on +27 11 470 6025 or send an e-mail to ceo@fpi.co.za
 
All the best for the new year.


Lelane Bezuidenhout, CFP
CEO.

Comment on this post

Name*
Email Address*
Comment
Security Check *
   
Quick Polls

QUESTION

Financial behaviour experts suggest that today’s risk modelling methodologies ignore your client’s emotional ability / behavioural capacity. What are your thoughts on spicing up risk profiling tools to make allowance for your client’s financial behaviours

ANSWER

[a] Bring it on; my client’s make too many irrational financial decisions
[b] Existing risk profiling tools are adequate
[c] Risk profiling tools should be based on the model / rational client
[d] The perfect risk profiling tool is science fiction
fanews magazine
FAnews April 2021 Get the latest issue of FAnews

This month's headlines

Randsomware attacks... SA businesses' biggest risk
Know the difference - compliance vs ethics
Better business by virtue of Beethoven
The future of vaccines
Harmonisation of retirement funds
Call centres and the maze of auto-prompts
The next 18 to 24 months are going to be tough
Subscribe now