Ran from 14 Aug 2019 to 20 Aug 2019
Do you believe the FIA awards help product providers to understand the service expectations of the intermediary?
Results
| Yes (62.79%) |
|
|
| No (23.26%) |
|
|
| Maybe (13.95%) |
|
|
Ran from 30 Jul 2019 to 13 Aug 2019
What could the claims arena possibly look like in 2030?
Results
| We could see a change in cancer and cardiovascular disease as new conditions emerge (17.39%) |
|
|
| We could see a change in cancer and cardiovascular disease as individuals participate in active and healthy lifestyles (21.74%) |
|
|
| Musculoskeletal, nervous system conditions, psychiatric or mental conditions will take the lead (60.87%) |
|
|
Ran from 24 Jul 2019 to 29 Jul 2019
What more can financial planners do to make retirement for clients a reality?
Results
| The value of the service or product a client receives will determine if they ultimately will achieve their goals or not (3.13%) |
|
|
| Most South Africans are simply not contributing enough towards their retirement savings (25%) |
|
|
| Ensure that investments are well diversified to achieve long-term goals to soften the blow of short-term fluctuations (71.88%) |
|
|
Ran from 16 Jul 2019 to 23 Jul 2019
Most of the changes that companies are currently facing are driven by?
Results
| Technology and social media (61.25%) |
|
|
| The economic and political climates (30%) |
|
|
| Changing consumer demands (8.75%) |
|
|
Ran from 20 Jun 2019 to 15 Jul 2019
Do you think that the Singapore Central Provident Fund Model can be implemented in South Africa?
Results
| Yes, absolutely, what are we waiting for? (25.81%) |
|
|
| No, we have completely different challenges that we need to address (23.66%) |
|
|
| Why can we design our own model based on our own unique challenges (33.33%) |
|
|
| Forced preservation, in any form, will never work in South Africa (17.2%) |
|
|
Ran from 31 May 2019 to 19 Jun 2019
The Financial Sector Conduct Authority (FSCA) released a notice extending the CPD cycle for 2018 until 31 July 2019. What is your opinion on this?
Results
| I am relieved as it means that I have more time to catch up on those CPD hours and activities (26.13%) |
|
|
| Why should individuals be given more time when they had 12 months to comply (35.14%) |
|
|
| Instead of waiting for the last minute, I proactively implemented the necessary actions timeously and effectively (27.48%) |
|
|
| The regulator’s actions are questionable (11.26%) |
|
|
Ran from 27 May 2019 to 30 May 2019
84% of respondents to a recent industry survey agree that there will be a shift from product-focused innovation to business model innovation in insurance within the next five years. Is this a realistic time frame?
Results
| Yes, there needs to be a quick turnaround time when it comes to this. (78.46%) |
|
|
| No, more time is needed. (21.54%) |
|
|
Ran from 16 May 2019 to 26 May 2019
What has your experience of getting your CDP hours during this cycle been?
Results
| It was fairly easy. Platforms such as the FAnews helps the industry to comply with this necessary requirement. We need to professionalise the industry (72.52%) |
|
|
| It has been tough. Not sure why this was really neccessary... (5.41%) |
|
|
| I am still battling to get all my hours... not sure where to find time to do it (22.07%) |
|
|
Ran from 07 May 2019 to 15 May 2019
87% of respondents to a recent industry survey believe that shifting value-added services to the core of their business proposition would give insurers a much better chance of establishing platforms that would draw clients to their company. Do you agree?
Results
| Yes, the industry is increasingly becoming about risk management. (75.68%) |
|
|
| No, there should still be a strong focus on how insurers price their risk (premium calculation) over risk management. (24.32%) |
|
|
Ran from 03 Apr 2019 to 30 Apr 2019
With regards to the COFI Bill, do you believe lumping the health and finance sector in the same basket will sustain the financial sector?
Results
| Yes, it forms part of the FSCA’s mandate to protect and maintain the sustainability of the financial sector, and to legislate fairness and make it the law (31.74%) |
|
|
| No, the products are different therefore the health sector should not have to be subjected to similar conduct requirements (32.93%) |
|
|
| This will cause problems. More consultations should be conducted before the final version of the COFI Bill is sent to Parliament for promulgation (35.33%) |
|
|
