CONTENTS ISSUE 74 • JANUARY 2020 04 TO 2020 AND BEYOND Message from the FPI 34 FINANCIAL PLANNING AS A PROFESSION An overview after 50 years of financial planning in SA 36 TEN REASONS WHY FACE-TO-FACE CONFERENCES STILL MATTER Face-to-face conferences are still relevant 38 CONTINUOUS PROFESSIONAL DEVELOPMENT AT THE FPI Start planning your CPD hours now 06 A BURNING ISSUE 08 ON THE MONEY Milestones celebrated, events anticipated 14 EMPLOYEE EXPERIENCE At Metropolitan, EX is about creating meaningful moments that matter 17 TOGETHER WE CAN Employer Marketing – Bringing to life an Employee Experience 22 THE DFM DILEMMA Should a financial advisor use a Discretionary Fund Manager or not? 24 BOOSTING PROFESSIONALISM How a Discretionary Fund Manager can assist financial advisers 28 INVESTING IN CHINA – CAVEAT EMPTOR? Understanding Variable Interest Entities 29 RISING ABOVE THE HYPE 2019: A year to remember – but will you remember it as it truly was? 30 THE INTERGENERATIONAL WEALTH CHALLENGE Ensuring that financial advisors continue to be of value to succeeding generations 38 CONTINUOUS PROFESSIONAL DEVELOPMENT AT THE FPI Start planning your CPD hours now 42 QUANTIFYING VALUE IN THE KNOWLEDGE-BASED ECONOMY Innovation is everywhere but beware, it’s not only about technology 48 BUILDING VALUE A financial planning business is more than a client list 50 TIPPED FOR SUCCESS A tale of transformation and unprecedented achievement 54 AVOID VALUE DESTRUCTION Investment trends to watch out for in 2020 Editor: Greg Penfold Art Director: Brent Meder Design and Layout:: Monique Petersen Client Liaison: Lizel Olivier Project Manager: Chris Whales, Global Africa Network Advertising Executives: Bayanda Sikiti, Sam Oliver, Gavin van der Merwe, Jeremy Petersen Subscriptions: Lee-Ann Lawrence Fax: +27 (0) 21 683 4364 RSA: R125.70, Foreign: R335.70 Distribution Manager: Edward MacDonald Circulation: Lee-Ann Lawrence Accounts Department: Chevonne Ismail (accountant), Brigitte Eberbach Debtors Department: Nadeema Abdullah Printing: FA Print CAPE MEDIA CORPORATION Managing Director: Robert Arendse Financial Director: Andrew Brading Head Office: Cape Media House, 28 Main Road, Rondebosch 7700 Cape Town Tel: +27 (0) 21 681 7000 Fax: +27 (0) 21 685 4448 info@capemedia.co.za www.bluechipjournal.co.za No portion of this book may be reproduced without written consent of the copyright owner. The opinions expressed are not necessarily those of BlueChip, nor the publisher, none of whom accept liability of any nature arising out of, or in connection with, the contents of this book. The publishers would like to express thanks to those who support this publication by their submission of articles and with their advertising. All rights reserved.
Attend lectures from anywhere in the world. “The USB learning experience is now available to many more prospective students.” Dr Lee-Ann Steenkamp, Programme Head: PGDip in Financial Planning A convenient new learning experience At USB, we are always looking to innovate and improve your academic journey – which is why we are pleased to announce a new Blended Learning format for the Postgraduate Diploma in Financial Planning programme in 2020. This new format means you no longer have to be physically present for the programme’s Tuesday and Thursday classes. Instead, you are able to attend and participate in lectures online via an internet linked device from anywhere in the country - indeed from anywhere in the world. Rest assured, you will still reap all the PGDip’s benefits such as extra student support, peer-topeer learning, exclusive contact with high-end employers and sound preparation for your FPI Professional Competency Examination (PCE)*. *All PGDip in Financial Planning examinations still require you to be physically present at either our Johannesburg or Cape Town campuses. Keep learning. Keep striving. Keep discovering. Contact us today: finplan@usb.ac.za | 021 918 4246 | www.usb.ac.za/pgdfinplan
