On 28 March 2009, South Africans joined people around the world in turning off their lights for an hour to take a stand against global warming – and the people of Cape Town made sure they had fun while doing it! Cyclists took it in turns to cycle for three days in order to generate the energy to light The Concert in the Dark, while Cape Town Mayor Helen Zille counted down to the big event – the switching off of the lights on Table Mountain.Click arrow to play video.
4 October 2011Banking group Absa has successfully trained the first group of financial advisers through the Absa Insurance and Financial Advisor Academy, as part of its efforts to develop skills and create jobs in South Africa’s financial services sector.The academy recruits trainee financial advisers in line with business requirements. Since its establishment, there have been three intakes, namely, in October 2010, February 2011 and October 2011.The first group of the trained financial advisers will now be integrated into Absa, where they will provide much-needed financial advice to clients.“This will complement the number of advisers who will be able to provide informed financial services advice to existing and potential customers and, thereby, boost the culture of savings and investments in our country,” said Izak Smit, managing executive for Absa Distribution, the business unit that houses the academy, in a statement this week.“Established in 2010, the academy presents us with an opportunity to grow our own talent from grassroots level in order to meet the scarce and critical skills in the financial services sector.”Coaching and mentoringDevelopment managers with extensive financial planning skills, knowledge and extensive industry experience, coach and mentor the trainee financial advisers in all key aspects of financial advice.The trainees undergo a rigorous and intense programme to allow them to develop the skills needed to assume the responsibilities expected of a competent financial adviser, while ensuring that they comply with the requirements of the Financial Advisory and Intermediary Services Act.“This marks a very significant milestone in the relatively short existence of the academy as it will continue to develop high-calibre, professional advisers with the necessary skills and competencies who will be able to meet the evolving needs of our clients,” said academy head Rabbia Sarang.“In providing industry-recognised training to our financial advisory staff, Absa is ensuring that our academy will ultimately benefit the investment choices and portfolios of our customers.”SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material