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Headline Issue Diary Date
FIC seeks industry input on draft risk assessment for accountants 297 CompliNEWS 02 Nov 2023
Nova unable to repay former Sharemax investors 297 CompliNEWS 02 Nov 2023
South Africa's BHI Trust scandal: Lessons for investors as Ponzi scheme unravels; Financial Mail analysis 297 CompliNEWS 02 Nov 2023
The need for a business plan and how to draft one 297 CompliNEWS 02 Nov 2023
Durban bankers arrested in alleged multi-million rand Ponzi scheme targeting pensioners 297 CompliNEWS 02 Nov 2023
EU data regulator imposes urgent ban on Meta's behavioural advertising amidst privacy concerns 297 CompliNEWS 02 Nov 2023
CEOs express elevated concerns about cybersecurity – survey 297 CompliNEWS 02 Nov 2023
Rising fraud and cybersecurity threats prompt financial industry to fortify defences 297 CompliNEWS 02 Nov 2023
Invitation for comment on draft prudential standards by 20 December 2023 – Market risk and credit valuation adjustment 297 CompliNEWS 02 Nov 2023
South Africa's new beneficial ownership requirements: Trusts 297 CompliNEWS 02 Nov 2023
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Working Smart

By Lee Rossini

One of the trends facing the financial services industry is an underappreciated challenge: a shrinking and aging adviser workforce. This is not a temporary disruption but a structural issue that is reshaping how businesses operate, serve clients, and plan for the future. Talent shortages are becoming more acute precisely when demand for financial guidance is rising, driven by longer life expectancies, more complex investment environments, and increased individual responsibility for retirement planning.

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