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June 2006
Getting the wind up

When I saw the story recently about Woman trapped in crashed car after airbag deploys, as reported in The Cape Times, I couldn’t figure out what vehicle it was from the photograph. I guessed it was a Renault – but...

June 2006
Point of view

Most people define good financial health as being debt free and having money in the bank. However, Gail Roberts, CEO of FNB’s One Account, advises that there is more to measuring financial health than meets the eye –...

June 2006
Better late….

The power cuts have caused immense frustration for office workers, especially in smaller businesses that have lost business and valuable work time.

Colin Thornton, of Dial a Nerd who specialises in aiding...

June 2006
Getting good returns

The government’s program of sustained infrastructural development presents a huge opportunity for Socially Responsible Investments (SRI) by retirement funds.

Craig Aitchison, manager of Old Mutual...

June 2006
A chink in the crockery

There are a number of persuasive arguments in the watertight case for investing offshore, including diversification, which is a key principle of sound investing as it reduces political, currency, interest rate and...

June 2006
New return

The word in the markets is that there is a new kind of asset class. Its supporters claim that it is less volatile than traditional investments and can be profitable in both positive and negative markets. It provides...

June 2006
Equity wins

First quarter figures on unit trust sales and net inflows suggest growing maturity among South African investors and indicate that a key lesson has been learned – selling high is a lot better than selling when the...

June 2006
Adding value

When selecting a stock broker, like all services it comes down to price, quality and knowing that you are receiving value for money, says Jan van Staden, CEO of Barnard Jacobs Mellet Private Client Services....

June 2006
Global picture

Stock markets world-wide are being supported by record inflows into collective investments with the latest global figures showing net cash flow last year was more than double 2004 levels. In addition, there is little...

June 2006
Extra, read all about it…

The specialist vehicle parts industry is worth an estimated R15 billion in SA. However, many car enthusiasts don’t realise that their insurers need to be aware of these additions to ensure they’re properly covered....

June 2006
Dear mistakes

Thousands of South Africans are trapped by the thoughtless and “misleading” acquisition of a vehicle. More often than not, this results in the monthly instalment not being maintained and the vehicle being repossessed...

June 2006
All right, or all wrong

So you want to buy a brand spanking new car? It costs ‘just’ R2 999 a month, you are told. In addition, lower down is the small print, with such inconsequential notes mentioning a 35% residual value, while ‘terms and...

June 2006
Taxi tax first

To establish a level of co-operation between the South African Revenue Service (SARS) and small to medium-sized business enterprises in this country, we need “a new beginning by way of the amnesty process”, to...

June 2006
True cost

Asymmetric Digital Subscriber Line (ADSL) is probably the best Internet connection for users in South Africa at the moment. Relatively, it is very fast (about a third the speed of overseas) and you remain connected...

June 2006
Good year

The year ended December 2005 was a good year for the ombudsman’s office. No less than 5 470 full cases were finalised, up 12% on the previous year.

Complaints again increased in the year under review to 8...

June 2006
Marriage guidance

The phrase “starting a life together” for young people planning to get married has perhaps a different meaning these days, given that many couples prefer living together beforehand. And this would not necessarily mean...

June 2006
Mortgage defaults

Deneys Reitz on insurance case law: The Standard Bank of South Africa Limited v Saunderson and Others (SCA : 15 December 2005)

In July last year, a Cape High Court ruling (the Snyders decision) stipulated...

June 2006
Plan for the future

“It’s high time people managed their medical aid cover with the same priority and commitment as they plan their life assurance,” avers John Sherratt, MD of iChoices.

“Poor healthcare provision when you...

June 2006
Managing the debt trap

Few people realise the importance of taking control of their finances.

“By knowing how much you owe, you are able to determine how much you can actually afford to spend once the bills have been paid. As...

June 2006
Tips from ADT

No one wants to think too much, about what might happen in the case of a robbery. There are steps you need to take, however, to prevent a bad dream from turning into a nightmare.

Most insurance companies...

June 2006
Above expectations across the board

The Professional Provident Society Group (PPS) celebrated its most successful year ever for the financial period to 31st December 2005. Results from most areas of its operations turned out better than expected. For...

June 2006
Getting it taped

In true South African tradition the laws concerning trailers are confusing, obscure and difficult to interpret. They are also difficult to find. The beginning of the year when all trailers had to be adorned with...

June 2006
Mystery consulting

Apparently there is nothing in legislation that says a ‘financial adviser’ must be licenced, or indeed a ‘financial consultant’. According to a spokesperson at the Financial Services Board, the salient point...

June 2006
Feel good factor

There is no consensus about the dangers regarding our current levels of household debt. On the one hand Government is rightly concerned about consumers overextending themselves; on the other, plenty of economists say...

June 2006
FAIS of authority

Financial Services Board (FSB) deputy executive officer for Financial Advisory and Intermediary Services (FAIS) and Consumer Education, Gerry Anderson says despite receiving several new applications for licensing, the...

June 2006
Fitting support

The Vehicle Security Association of South Africa (VESA) says it has issued its one millionth certificate.

VESA is a standards regulating, non-profit association, which is why the insurance industry...

June 2006
Counterstrike

The EU has now published a list of airlines that do not meet the minimum safety requirements. Among them are Congo, Sierra Leone, Guinea and Liberia in Africa and Ukraine and North Korea. An interesting extra is that...

June 2006
Record net inflows

Heavy inflows are continuing into the collective investment industry with the March quarter’s R16,7 billion (up 43% on the previous three months of R11,7 billion. This was the best quarter ever achieved by the unit...

June 2006
Insider trading

The recent sensationalist headline about Tracker must surely have missed the point. Evidently, according to reports, a former Tracker employee had allegedly given out confidential information on five vehicles during a...

June 2006
Are you compliant?

FAIS, more than anything, is a way of regulating and protecting consumers by ensuring they are provided with trusted advice, allowing them to make informed decisions. But how can you ensure you are adhering to the Act...

June 2006
Going overseas

South African investors channelled R2,5 billion into offshore collective investments in the March quarter with total assets of these foreign currency denominated funds reaching R70,3 billion (R66,4 billion)....

June 2006
Which way

The legality of short term insurers’ practice of rejecting claims after the contract-stipulated claim window may have ended. The practice will be tested by the constitutional court after lower courts have rejected and...