Shockproof Capital Partners leads the way on financial education for advisers

January 19 18:21 2017

Shockproof Capital Partners recently proposed a number of strategies to the department of trade and industry in their end of year report in a bid to protect retail investors from potentially risky non-mainstream investment products. While we believe this is a positive step forward, ensuring that investors are closely matched to the products being promoted, there is no doubt the proposed strategies when implemented, will affect the day-to-day business of many advisers. It is vital advisers are ready for these changes, which will take effect from January 2017.

We are focusing our efforts on educating financial advisers in advance on the benefits of implementing the recent strategic changes. In July last year, we hosted a series of seminars aimed at helping financial advisers prepare for good economic times we are expecting. These sessions were attended by well over 270 advisers and following the success of these we are rolling the seminars out nationally this month, in Cape Town, Port Elizabeth and Johannesburg.

The seminars are intended to help advisers effectively implement the strategic changes by offering practical insight into what advisers can and cannot do in their practice. Under the new regulations for instance, advisers will have to satisfy themselves that an exemption is available before introducing or recommending a non-mainstream product to any Partner. Exemptions are available for Enterprise Investment Schemes (EIS) to mainstream retail investors (which we believe is a great outcome), ensuring money continues to flow into small enterprising companies.

The feedback we have received from advisers has been positive. Advisers have found the sessions particularly useful for understanding the preliminary process, and getting a firm grasp on how to assess whether a potential partner qualifies as a sophisticated investor as well as increasing their overall understanding of the terms of agreement and managing existing partners.

They also found the discussions around exemptions useful. This strikes a chord with us, as we are a leading provider of alternative investments, including EIS schemes. Investors have been disappointed with the returns delivered by traditional asset classes in recent years and are increasingly looking at alternatives. We believe that EIS will soon begin to take up a larger share of the market, as it offers the potential of significant growth to portfolios and a key part of retirement planning for investors who are at or near the pension cap.

The seminars will be taking place as follows:

• Cape Town – 20 January
• Port Elizabeth – 23 January
• Johannesburg – 25 January

For more information please contact [email protected] or visit www.Shockproof.capital

Distributed by In2town Public Relations

Media Contact
Company Name: Shockproof Capital Partners
Contact Person: Media Relations
Email: [email protected]
Phone: +1-512-813-9801
Address:82 Maude Street
City: Sandton
State: Johannesburg
Country: South Africa
Website: http://www.Shockproof.capital

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