Which aspect do you think is most critical for the future success of financial advisory firms?

Embracing technological advancements (69.23%)

Rethinking fee structures (19.23%)

Focusing on inter-generational wealth transfer (11.54%)

Have you seen insurers implementing rate adjustments / risk management around climate change?

Yes (50%)

No (50%)

What do you consider the most significant challenge in implementing the Two-Pot Retirement System?

Coping with new, unfinalised legislation, leading to uncertainty in implementation (6.3%)

Adapting to brand new claim types, requiring the development of digital, member-initiated claims capabilities (5.51%)

Addressing member education and awareness to correct misconceptions and ensure understanding of the system, including tax implications (32.28%)

All of the above (55.91%)

Which aspect of divorce and retirement fund savings do you find most challenging?

Understanding legal frameworks (9.52%)

Ensuring proper wording in divorce orders (4.76%)

Explaining matrimonial property regimes (23.81%)

Navigating payment and tax options (4.76%)

All of the above (57.14%)

SA medical schemes expect members, or members’ gap insurance providers, to pay an ever-bigger share of the costs of in-hospital procedures and specialist fees. Is this fair treatment?

Do not fret, NHI will solve this. (5.04%)

It is fair, medical aids cannot cover 2x or 3x the reasonable tariff. (8.4%)

It is not fair, medial aids should cover these costs. (37.82%)

Regulators should rein in healthcare costs, problem solved. (48.74%)

Considering the current economic and geopolitical landscape in South Africa, what is your outlook on investment opportunities in the country?

Optimistic: I see potential for growth in 2024 (13.04%)

Cautiously optimistic: I believe there are opportunities, but one needs to be cautious and selective in investment choices (39.13%)

Neutral: I'm taking a wait-and-see approach, staying neutral until more information is available (8.7%)

Pessimistic: Given the current risks, I'm reducing my exposure to South Africa or avoiding investments in the region (39.13%)

The shocking crime and motor vehicle accident statistics shared during a recent SHA presentation suggests that group personal accident and personal accident cover are a no-brainer. Do you agree?

Yes (68.37%)

No (11.22%)

Not sure (20.41%)

Does it matter how many ombudsman schemes South Africa has?

Yes, having just one would simplify things (53.66%)

No, the number doesn't really make a difference (29.27%)

I'm not sure (17.07%)

Which aspect of the investment landscape in 2024 concerns you the most?

Elevated uncertainty due to global elections and geopolitical tensions (20%)

Potential impact of Artificial Intelligence (AI) on market dynamics (80%)

Challenges related to the energy transition theme and climate change mitigation (0%)

Emerging risks such as the rise of passive investment vehicles and delisting (0%)

Structurally low volatility and its implications for market stability (0%)

Do you believe there should be mandatory professional indemnity cover for healthcare practitioners in South Africa?

Yes (61.93%)

No (1.38%)

Unsure (36.7%)