Polls

Ran from 18 Sep 2024 to 02 Oct 2024

The industry must embrace AI as a tool to enhance expertise, not as a replacement for it. In a rapidly evolving landscape, value will be defined by the ability to integrate AI while preserving the personal relationships that set professionals apart. Success will hinge on balancing cutting-edge technology with human trust. Do you agree?

Results

Yes (55.95%)

No (4.76%)

Balance is essential (33.33%)

AI this, AI that... pff (5.95%)

Ran from 05 Sep 2024 to 17 Sep 2024

What do you think the high volume of inquiries and withdrawal requests means for the future of the two-pot system?

Results

It suggests high demand and potential success of the system (6.85%)

It indicates possible problems with the system’s implementation or communication (5.48%)

It points to financial stress among individuals that could affect long-term retirement planning (58.9%)

It could be detrimental to the economy and people's retirement security (17.81%)

It’s too early to determine the impact on the system’s future (10.96%)

Ran from 04 Sep 2024 to 05 Sep 2024

AI and machine learning have taken data-based decision making to the next level. Do you think small short-term insurance brokerages are in a position to use tech to leverage data, or is this something that sits firmly in the product provider space?

Results

Ran from 27 Aug 2024 to 03 Sep 2024

What do you consider the biggest challenge in adapting to the new Ombud Council Rules?

Results

Ran from 21 Aug 2024 to 26 Aug 2024

The value added by financial advice has been hotly debated over decades. Which of the following financial advising functions do you believe add most value to you and / or your clients?

Results

Behavioural coaching to limit emotion-based errors (20%)

Consistent communication and relationship building (40%)

Estate planning to ensure intergenerational wealth transfer (0%)

Financial goal-setting and performance monitoring (26.67%)

Tax management and optimisation (13.33%)

Ran from 19 Aug 2024 to 20 Aug 2024

Do you think our leading insurers do enough to promote true advice independence?

Results

Ran from 31 Jul 2024 to 18 Aug 2024

It looks increasingly tough for healthcare-focused intermediaries to plan for their futures. Do you think healthcare brokers will survive the dual onslaught of digital technology and the National Health Insurance Act?

Results

Ran from 10 Jul 2024 to 31 Jul 2024

How confident are you that insurers treat policyholders fairly, according to the Treating Customers Fairly (TCF) principles?

Results

Ran from 08 Jul 2024 to 09 Jul 2024

As Conduct and Prudential standards arrive thick and fast, what are your thoughts about regulation that requires product providers to have greater oversight over their advisers and brokers?

Results

Bring it on (8.33%)

FAIS Act compliance should be enough (25%)

Old news, providers have always kept an eye (25%)

Please, enough already (16.67%)

This doubles the compliance burden (25%)

Ran from 26 Jun 2024 to 07 Jul 2024

How do you intend responding to the Financial Sector Transformation Commission (FSTC) 28 June ultimatum for the submission of B-BBEE Reports?

Results

Comply, there is no other choice (39.29%)

Comply, but cautiously (7.14%)

Maximum achievable non-compliance (10.71%)

Resist this regulatory overreach (28.57%)

What submission is this now? (14.29%)

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