Social media is increasingly taking over our lives. You cant put a foot wrong in a world where mass audiences are just a click away. Before you we put our foot in it, should we be purchasing social media insurance?

Yes, the Penny Sparrow and Matthew Theunissen sagas show that we cannot survive without this (26.67%)

No, lets just think before we act or post something online (73.33%)

After the Equifax saga and South Africa’s own cyber breach, should individuals be purchasing insurance against cyber attacks?

No, companies know their responsibilities when it comes to cyber attacks and are doing their best to handle the situation (35.29%)

Yes, companies cannot be trusted to keep our information safe (64.71%)

MTBPS: The Minister revealed that Treasury’s revenue shortfall currently stands at R50.8 billion, amounting to 4.3% of South Africa’s gross domestic product (GDP), around 38% higher than expected. Did you think that SA was in so much trouble?

Yes - this has been a worry for some months now (67.47%)

No - as with the majority of South African's this was a shocker (32.53%)

Santam still see a bright future for the intermediated model of insurance & the value that brokers offer clients. Do you agree that there is a bright future ahead for brokers?

Yes (72.06%)

No (27.94%)

The first phase of RDR is upon us. Is your practice ready to move from commissions based to fees based?

Yes. Its good practice, my clients deserve the best advice at an appropriate price. (34.78%)

No. I don’t think any practice will be 100% ready to become fee based. (65.22%)

There has been a lot of debate as to whether Twin Peaks will actually benefit the financial services industry. What do you think:

Yes. It is carefully crafted and addressed more issues than we think. (34.69%)

No. There are too many hidden costs which will impact smaller companies negatively. (65.31%)

Technology has made a major impact on the industry. Disruption apart, can technology provide an answer to the cost containment conundrum that the industry faces?

Yes. Technology is a proven way to drive down costs. (60.47%)

No. Technology is still driven by humans, if a human cannot drive down costs, how can a machine? (39.53%)

The FSB is thinking of scrapping Level II Regulatory Exam (which would have tested product knowledge) in favour of an approach that forces insurers to train staff and monitor their actions. Do you agree with this approach?

Yes. The Level II Regulatory Exams were a massive headache for those who had to write them (58.39%)

No. At least with the exams you knew who were the top achievers. A lot of trust now needs to be given to insurers. (41.61%)

ASISA stats show that South Africa’s uninsured gap is R28 trillion. Will we be able to eradicate this in our lifetime?

Yes. Slow and steady wins the race. (18.37%)

No. This is simply a task to big (38.78%)

Maybe. It will depend on financial inclusion. (42.86%)

Discovery CEO Adrian Gore says that Human beings are miscoded (unsuited) for financial planning. Do you agree?

Yes. The evidence is in the South African savings rate. (29.31%)

No. People merely face more challenges now than ever before. (25.86%)

This is why there will always be a place for financial advisers in the industry. (44.83%)