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Medical advancements work in advisers’ favour

10 March 2015

South Africa is a world leader in many aspects. Unfortunately, one of the things that South Africa leads the world in is HIV infection rate. The upside to this is that there is a lot of development being lead in South Africa on fighting the disease and decreasing the stigma attached to it.

Are you guilty of conflict of interest?

24 February 2015

One of the main reasons why the Financial Services Board (FSB) wants to implement the Retail Distribution Review (RDR) is that it seeks to eliminate potential areas of conflict of interest which are present in the industry. This would improve the industry form a consumer perspective and would improve trust in the industry.

Load shedding causes unrest in industry

27 January 2015

When your client is faced with a particular loss, and they have exhausted every avenue to reclaim this loss, without any luck, what is the next step in the process to seek restitution? In the case of load shedding, the answer at the moment is that there is no next step. However, the South African Insurance Association (SAIA) is looking into this.

Changing responsibility in the industry

14 January 2015

While there are many people in the industry looking ahead and planning the future for themselves and their companies, there is a strong undercurrent of ludicracy rearing its head in the insurance industry. Clients are getting more brazen with their complaints to industry ombudsmen, and brokers are quickly finding out that they are often the unfair casualties in these situations.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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