There’s no doubt that consumers across the board are feeling the impact of the economic downturn. In the past two years, food and fuel prices have soared and the economy has generally slowed down. Recent…
Wealth Management
July 1, 2009
There are many approaches to the wealth management concept. Most of the large traditional life assurers have over time moved to a wealth management model, providing holistic financial services through separate companies, sometimes even multiple…
Ten Tips for Selling an Advisory Practice
July 1, 2009
Our research at the Institute of Practice Management shows that there is a “graying” of financial advisers in South Africa. The average age of advisers is 53 years old. This means that a large proportion…
Making the change
July 1, 2009
Over the past six years, we have transformed our business from a typical insurance broking business to that of a financial planning practice. I started in the industry 15 years ago when I joined Southern…
Para Planning: a new movement
July 1, 2009
With more and more compliance responsibilities being added to Financial Planning practices, Financial Advisors are struggling to keep up with the administrative burdens that comes with running a professional practice. Many Advisors have already appointed…
Capable 'or not' of performing duties
April 1, 2009
The complainant was an electrical training officer who stopped working owing to ill health after December 2003 and was subsequently retrenched. His duties involved training and development of electrical apprentices and learner technicians. 70% of…
Are we finally getting it right?
March 1, 2009
Are we finally getting it right? With the ongoing focus on professionalism in the financial planning arena, all parties in the process have been working towards solving the challenges with disability cover. It seems like…
Cancellation of Policies
January 1, 2009
CAUTION: Some policies can be cancelled by insurers. It is important to check your policy so that you are not taken by surprise.Policyholders always have the right to cancel a policy by terminating premiums, although…
