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Monday, April 20, 2015 - 02:16
SA 5th target

South Africa is the 5th most targeted country in the world in terms of cybercrime attacks, while informal consensus within the private sector places SA third behind Russia and China. Cybercrime is any crime involving...

Sunday, June 14, 2015 - 02:16
New horizons

Investing in frontier markets can come with a higher degree of volatility than more established markets, but to my team and me, they offer exciting potential, says Mark Mobius PH.D. Executive Chairman Templeton...

Thursday, June 11, 2015 - 16:30
Stirring the dust

South African human rights lawyer Richard Spoor filed an action in the South Gauteng High Court on 2nd April 2015 for damages on behalf of 22 current and former coal mine workers who have contracted lung diseases as a...

Tuesday, June 2, 2015 - 02:16
Protecting your income

“You need to protect yourself in case of serious illness,” avers Schalk Malan Executive Director of BrightRock. “It’s not a topic that most of us like to think about.”

But what would happen if you were...

Monday, June 1, 2015 - 14:41
Getting grey

An increase in longevity rates around the world is certainly something to be celebrated. Average global life expectancy has increased to 71.5 years in 2013—up from 65.3 years in 1990—due to factors including improvements in health care and a...

Monday, May 25, 2015 - 12:38
Stuck in the Middle

Greece seems to be stuck between political forces on the left (the Syriza party) and fiscal forces on the right (debt burdens, European Monetary Union austerity controls). Is there a viable way out? What are the...

Thursday, April 30, 2015 - 02:16
Getting the right balance

With more and more brokers operating across borders into Africa, pressure is on to develop effective Pan African Insurance programmes.

The relative head office will want a programme that is identical in...

Wednesday, April 29, 2015 - 02:16
Trustees for tomorrow

Without the appropriate preparation and training, your heirs might struggle to manage their legacy/inheritance and hold onto the family wealth for future generations. Carien Strauss, fiduciary and tax specialist at...

Tuesday, April 28, 2015 - 02:16
Get the right balance

A decent bicycle these days can cost anything from R8 000 to R120 000, which is why cyclists should get cover for their bicycles and other sporting accessories, says Marius Neethling, personal lines underwriting...

Monday, April 27, 2015 - 02:16
Starting out

With investor appetite having recovered since the global economic meltdown in 2008, more investment managers may be tempted to follow the example of the UK’s star investment manager, Neil Woodford (Invesco Perpetual...

Friday, April 24, 2015 - 02:16
Baby boom boost

The age group 60 and over – also known as the “baby boomers” - is the fastest growing population group in the country. In 2014, it was estimated that this group was made up of over 4.4 million individuals, which...

Thursday, April 23, 2015 - 02:16
Make the call

Short-term insurance is where an insurer agrees to insure a risk in return for a premium. No insurer is prepared to provide unlimited cover as it makes no economic sense to do so. Insurers therefore try to limit their...

Thursday, April 23, 2015 - 02:16
14-year plan

Government has opted for a “systematic” and “rational” approach for the implementation of its National Health Insurance (NHI) programme.
While only 16% of South Africans belong to private medical schemes, healthcare spending for them totals...

Wednesday, April 22, 2015 - 02:16
Lifestyle rewards

Over the last 13 years more than R130 billion was paid to clients as a result of life-changing events like death, disability and critical illness. This amount was calculated by considering the claims statistics for...

Tuesday, April 21, 2015 - 02:16
Comparison aid

Retirement fund trustees electing to pay minors’ death benefits into a beneficiary fund are battling to make meaningful comparisons among the services and fees offered by service providers. The industry urgently needs...

Friday, April 17, 2015 - 02:16
Makes sense

Until recently, both resident and non-resident taxpayers were able to obtain tax-friendly treatment on their pension and lump sum benefits accruing from pension funds located in South Africa. Unfortunately, things...

Thursday, April 16, 2015 - 16:58
Plan of action

Personal finance articles on the need to save for retirement abound. We read articles ad nauseam giving projections as to how much we miss out on later on if we delay saving, articles extolling the importance of...

Thursday, April 16, 2015 - 16:53
Settling in

Buying a home comes with a host of financial responsibilities, such as paying your bond regularly and ensuring that you have selected appropriate insurance to cover your debt, should your circumstances change....

Thursday, April 16, 2015 - 16:52
Card tricks

Travelling enriches our lives in many ways. We are exposed to different cultures, new experiences, breath-taking sights, historic landmarks, and cuisine that is wonderfully foreign to our palates.

In fact...

Thursday, April 16, 2015 - 16:49
Reportable list

The Commissioner for the South African Revenue Service (SARS) issued a public notice in the Government Gazette on 16th March 2015, listing reportable arrangements and excluded arrangements for purposes of the...

Thursday, April 16, 2015 - 16:48
Six things to consider

Whether you’re getting married, divorced, become a parent, property owner, landed the job of your dreams or starting your dream business, life happens. With these changes, you’ll face varying degrees of financial...

Thursday, April 16, 2015 - 16:46
Going further…

The 2015 budget speech left little room for celebration. Personal income tax is up, fuel levies are up, as are sin taxes. Most of us have little or no control over these spiralling expenses and our budgets gasp as we...

Thursday, April 16, 2015 - 02:16
Keeping it in the family

The ability to store, share and access data centrally is fast becoming essential for businesses of all sizes in an increasingly mobile and connected world. “However, in light of the recent high profile and well-...

Wednesday, April 15, 2015 - 02:16
Time for a directive

Employees who work more than 48 hours per week are more likely to engage in risky alcohol consumption than those who work standard weeks, finds a new study published in by the British Medical Journal.

...

Tuesday, April 14, 2015 - 02:16
Drinking clearly

People who drink a moderate amount of coffee daily are less likely to develop clogged arteries that could otherwise lead to heart attacks, reveals research published online in the journal Heart, as reported by...

Monday, April 13, 2015 - 02:16
Worrying surge in new cases

Six hundred and forty-four cases of measles were reported in the United States last year and already 141 cases in 17 states have been recorded in 2015. Considering the fact that the US was measles-free for 14 years,...

Monday, April 13, 2015 - 02:16
Strong results

Santam has reported a 12% increase in annual gross written premiums (excluding cell insurance business) in, what it calls, “challenging market conditions” for the year to end-December 2015. Claims paid amounted to R13...

Friday, April 10, 2015 - 02:16
Sooner the better

Following the introduction of the new tax free savings legislation, Old Mutual says it has launched “a very attractive savings plan”. Called the Old Mutual Invest Tax Free Plan, it gives customers tax free growth with...

Thursday, April 9, 2015 - 02:16
Right away

Changing South Africa’s bad savings culture will be no easy task. But examples of other emerging markets that have succeeded in this area provide important clues, says René Grobler, Head of Investec Cash Investments...

Wednesday, April 8, 2015 - 02:16
Magic formula

The introduction of tax-free savings accounts is part of Government’s drive to create a culture of savings in South African households.

Clients may now invest up to R30 000 a year in a variety of products...

Tuesday, April 7, 2015 - 02:16
Enhanced cover

When it comes to graduate professionals, the nature of their chosen profession and factors such as whether they are employed or self-employed, makes their insurance requirements more specialised. As a result, PPS has...

Monday, April 6, 2015 - 02:16
African networking

Hollard Insurance and Tokio Marine & Nichido Fire Insurance (Tokio Marine), Japan’s oldest insurance company, has announced a business relationship agreement to collaborate on and co-ordinate specific initiatives...

Monday, April 6, 2015 - 02:16
Pulling the carpet…

Transfer duty on the purchase of property was amended quite substantially in the 2015 Budget. “But,” says Louis Venter, Head of Private Clients, Maitland, “what has been intended as a wealth tax might backfire when...

Friday, April 3, 2015 - 02:16
More flexible

Currently the Income Tax Act does not allow a member to preserve his retirement benefit or postpone the date from which he wants to receive it. When the last day of work arrives for these employees, their retirement...

Thursday, April 2, 2015 - 02:16
Saving FAIS

Up front bonuses being offered by insurance companies to financial advisers to entice them to leave their current insurer and join them were prohibited by the Financial Services Board (FSB) in December 2014....

Wednesday, April 1, 2015 - 09:26
In details

The business of a hedge fund has been declared to be a collective investment scheme in terms of the Collective Investment Schemes Control Act, 2002 (Act 45 of 2002), and to which the prescribed provisions of the Act...

Wednesday, April 1, 2015 - 09:25
Joining the fold

Hedge funds have been declared collective investment schemes from 1st April 2015, with regulation including market conduct guidelines to ensure cost-effectiveness and standards on leverage.

Says Eugene...