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Ep. 17 – Taking Financial Planning into the Future with Lelane Bezuidenhout and David Kop

Lelane Bezuidenhout was appointed as the new CEO of the Financial Planning Institute of Southern Africa earlier in 2019, a welcomed move that brought back structure after some rough waters in 2018.  David Kop is the Executive Director of Relevance, a critical new role and he works closely alongside Lelane.

The Interview

In this interview, we discuss a variety of topical issues as well as the future (as far as 2050!), where things are headed, how financial planners must position themselves and what the FPI is doing to help guide them in the right direction.

We discuss the 4 areas that must be addressed:

  1. Regulator or Policy Maker
  2. The Consumer
  3. The Practitioner
  4. Employers of Financial Planners

David discusses some interesting statistics about consumers and the trust they have in the financial services industry and in financial planners.

An important aspect that is coming to the fore, is the regulation of FPTech (Financial Planning Technology).  We talk about who will be regulated and the importance of changing the current curriculum to incorporate the new way of working and how to harness the benefits of FPTech.

There are three designations offered by the FPI.  We discuss the road map for each designation as well as changes made since May 2019.

Financial Literacy is a crucial aspect that must be addressed, not only in South Africa but on a global level.  We discuss the newly proposed framework, standards, and designation that will be introduced to ensure financial literacy facilitators adhere to the same levels of competence and standards.  The aim is to create a new industry that will benefit everyone.

We end off with talking about the FPI’s vision, their focus for the next 12 months and some of the learnings that Lelane brought back from the recently held FPSB global meeting which was attended by 25 affiliated territories.

Listen to the episode


  • Francois du Toit, CFP®

    Francois du Toit, CFP® holds a B. Com degree in Risk Management as well as the Post-Graduate Diploma in Financial Planning. He is an avid miniature figure painter with a passion for helping others succeed and for professionalising the Financial Services Industry. He holds the certification of CERTIFIED FINANCIAL PLANNER® or CFP® in good standing with the Financial Planning Institute of Southern Africa as well as being a registered Tax Practitioner with them and SARS. Francois offers a unique and powerful proposition to businesses employing Financial Advisers and Broker Consultants that leads to significant improvement in production and reduced advice risk. His practical experience, success, technical knowledge and understanding the challenges and opportunities in this field, ensure immediate practical application in the target market. Francois has designed and created very successful online courses for the Financial Planning Institute and has trained hundreds of financial planners, advisers and other trainers for among others Old Mutual, PPS, Liberty, Iress and atWork. His ability to answer questions that relate to practical on-the-ground issues is what sets him apart from traditional trainers who may not have been in practice.

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