The study, which is a project spearheaded by international strategic research company Insight Discovery, is designed to identify the issues that have an impact on South Africa's independent financial advisors.
Nigel Sillitoe, CEO of Insight Discovery, says that the timing of the survey is ideal. "We have had strong support from our sponsors at a time that the Financial Services Board's Retail Distribution Review could dramatically change the way in which independent financial advisors are remunerated. There are numerous challenges; there are also many opportunities."
Syndicated research projects such as the South African Investment Panorama are unusual in South Africa. This project is modelled on the successful Middle East Investment Panorama. In its sixth year, this is one of the most sought-after corporate intelligence reports in the Middle East's investment community.
The survey, which will be distributed to independent financial advisors via locally based compliance and industry service provider Moonstone Information Refinery, is guaranteed to be confidential and, according to Sillitoe, it takes about 15 minutes to complete online. The survey is open to financial advisors and wealth managers that have dealings with asset management companies and/or LISP platforms.
The questionnaire covers a wide range of topical issues, such as challenges and opportunities facing the industry, succession planning, and white label broker funds, while sections of the survey also invite opinions on industry regulation and ruling bodies.
