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SSP Brochure:Layout 1 - INSETA

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5.7 ConclusionsThis last chapter outlines some of the specific areas on which the <strong>INSETA</strong> will be focusing in the planning period, apart from skillsdevelopment to alleviate scarcity of skills in certain areas and to close the skills gaps that exist in the sector. The training of people forentrepreneurship and the development of new small businesses is an important area. Although participants in the <strong>SSP</strong> developmentprocess were able to identify several small business opportunities, most of them require high levels of industry knowledge and skills overand above entrepreneurial skills. This makes new ventures in the insurance industry relatively inaccessible to new entrants to the labourmarket. However, the <strong>INSETA</strong> will endeavour to assist young people with skills development needed for small business development inthis sector. The <strong>INSETA</strong> will also assist existing small businesses with skills development through a voucher system and through its regionalforums and initiatives.ABET interventions will be specifically aimed at intermediaries or brokers who sell funeral policies. ABET will support them to gain accessto the skills programme required in terms of the FAIS Fit and Proper requirements. The SETA will furthermore retain in its research agendathe identification of organisations who can be assisted to achieve a national standard of good practice and stakeholder capacity buildingneeds.<strong>INSETA</strong> Sector Skills Plan - page 43

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