Ep 5: Is financial services complicit with driving inequality?

Inequality remains an enduring reality, especially in South Africa, prompting a crucial question within our industry: do financial services contribute to improving or exacerbating the situation? To address this, Michael Avery is joined by Anne Cabot-Alletzhauser, Adjunct Faculty and Practice Director of the Responsible Finance Initiative at GIBS and former Head of the Alexander Forbes Research Institute. Together, they explore whether the financial services industry extracts more value than it provides. Additionally, they delve into the role financial services should play in fostering social mobility and whether the industry's overregulation takes into account broader societal effects.