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%)

Health Minister Aaron Motsoaledi has said that the NHI will bring about change in the industry which will see medical schemes a slim picture of their former selves. Do you think this is the right approach to be taken?

No, medical schemes offer invaluable coverage in a market that is being ravaged by high costs. (24.66%)

Yes, universal healthcare will benefit the country in the long run. (12.33%)

Just wait, the minister will soon find out that a medical industry without medical schemes is no industry at all. (63.01%)

The technology around genomics and precision medicine is advancing rapidly, and genetic testing is becoming more common. Will this benefit your clients?

Yes. Without a doubt - better be prepared than unprepared. (56%)

No. This could lead to my clients having reduced or loaded covers for predisposed diseases. (16%)

Undecided. Only the future will tell. (28%)

It is believed that it will cost R1.38 bn a year over the next 10 years to fix Johannesburgs roads. Do you think there is room for partnerships with the insurance industry to assist in this as the industry would benefit from fewer claims?

Yes. Get it done, we face enough cost pressures already, decreased claims would be good. (47.5%)

No. Where is all of our tax money going? (40%)

Undecided. If you can prove that there is a correlation between the state of our roads and increased claims we can talk again. (12.5%)

The recent S&P downgrade of South Africa to junk status refers. How long do you think it will take us to get out of it

2 years. The cabinet has been reshuffled but the policies will remain the same. Radical economic transformation will save us. (27.74%)

15 years. The current ring fencing of support that the ANC has built around President Jacob Zuma will keep him in power until 2019. Another two years for him to do damage (54.74%)

Longer than 15 years. We will need a miracle to save us now. (17.52%)

Swiss RE reports that insured losses due to natural catastrophe events in 2016 was $54 billion, up 42% from 2015. Does this mean we are in for a cycle of hard rates?

Yes (28.57%)

No (28.57%)

Depends on what happens this year (42.86%)