Meeting Krisen Rabindra, National Sales Manager at Standard Bank Financial Consulting

  • Q: How did you get involved in financial services - was it always something you wanted to do?
  • A: My entry into Financial Services was quite by default as my initial passion was to be an Engineer. I completed my matric with a ‘B’ Aggregate many years ago and due to no financial planning, I was unable to afford to attend University. It was thereafter that one of my first opportunities through Standard Bank opened up where my passion for helping people also developed. The sense of personal fulfilment when you help someone achieve their financial goals is what drives me.

  • Q: Financial advice has undergone many changes in the past ten years and we now have the RDR proposals - How different is financial advice in SA today from five/ten years ago?
  • A: We currently operate in a more regulated environment compared to the past. This I feel has elevated the industry to the profession it is today. You need to be a “qualified advisor” to give advice and this naturally translates to quality advice in helping customers achieve their goals. There are many people who have not received advice, and RDR will create more transparency around charges and the levels of service offered to clients.

  • Q: What makes a good financial adviser?
  • A: I would define a good adviser as a person who: achieves the required qualifications, has the ability to listen and articulate the client’s needs, regularly engages with his/her clients and monitors progress against goal, keeps himself/herself updated with the latest information by being well read, and it ultimately needs to be someone that the client feels comfortable with.

  • Q: Do you watch daily economic and financial news - how do we make sense of all the news flow we have?
  • A: It is important to keep yourself updated and I try to catch up on information at least once a week.

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