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For all of you brokers who spend hours planning interactions with clients and who sit behind a computer for hours trying to find the best product to suit your client’s needs; not only do we salute you, but the public does as well.
The Financial Planning Institute of Southern Africa (FPI) is hosting its annual conference on 14 and 15 June; and in the run up to the conference, we need to ask why we are still debating the value that financial planners can offer clients.
A major issue in South Africa is the level of education when it comes to the financial services industry. Caroline da Silva – DEO of FAIS at the Financial Services Board – points out that 86% of the adult population in South Africa has access to a bank account and savings products. However, she rightly questions whether this necessarily adds value to their lives.
Protest beyond the law is not a departure from democracy; it is absolutely essential to it. These were the words of American historian Howard Zinn, and they are very appropriate in South Africa’s current socio political climate where we are seeing mass protests and a general voice of dissatisfaction when it comes to government policies.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?