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How much is the public prepared to pay for advice? And what is the public’s perception on how advisers are remunerated? While there is a lot of concern regarding the outcome of the Financial Services Board’s investigation into the Retail Distribution Review, how often have we stood back to look at the industry from a client’s perspective?
We are one month into Jacob Zuma’s new term as the country’s first citizen, and if politicians think that they are in for an easy five years, they are about to get a rude awakening as recession worries continue to mount.
We recently highlighted the rise of Big Data and the potential benefits it can offer the insurance industry. While many product providers are still coming to terms with this, we can see the advantages that Big Data is playing in other sectors of society and how the insurance industry can use this to its advantage.
One of the objectives of being stranded on a deserted island is getting back to the mainland in order to assimilate with normal society. While some may argue that being stranded on a deserted island is an idyllic situation, the reality is that it is not. Humans need to adapt in order to survive and they use societal norms in order to define this.