Risk Profiling is a hot topic in the financial planning industry at present. The Financial and Intermediary Services (FAIS) Ombud and the Financial Services Board have clearly indicated that they see risk profiling as an important and integral part of the advisory process, and a pillar of the Treat Customers Fairly (TCF) initiative. By contrast, many financial planners see it as a highly problematic exercise, and one that they only undertake in the interests of compliance. CNBC Africa’s Lindsay Williams speaks to Natasja Hart, wealth manager and financial planner at GCI Wealth.
Source: CNBC Africa