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March 1997
Three years to talk

The government has either hinted or stated openly in the past that South Africans are not planning enough through saving for retirement and disability. The economic boom of the last five years has seen a huge increase...

March 1997
Equal value for all

Finance Minister Trevor Manuel used the principle that human life has equal value as the core principle of his 2007 Budget Speech. Government’s priorities are clearly focused on accelerating growth, modernising public...

March 1997
Waiver agreement

Metropolitan Life says it has waived cover exclusions for members of the SA National Defense Force and the SA Police Service actively serving in peacekeeping operations. The dispensation follows recently announced...

March 1997
In perspective

The 2007 edition of Healthcare in South Africa, published by Profile Media is now available. The book is aimed at financial advisors, human resources consultants, employee benefits specialists, new medical scheme...

March 1997
Hard pill to swallow

Healthcare providers of services and products operate industrial enterprises. Governments should therefore treat them like any other enterprise doing any other business. No amount of altruistic rhetoric can change...

March 1997
Fitness benefit

South Africa’s medical scheme industry is entering exciting times during which those with the best membership options and levels of service and attention to detail will stand out from the crowd.

This is...

March 1997
Keeping it simple

In a highly competitive market populated by dozens of medical aid schemes, each promising you something special, what are the important factors to consider when choosing a scheme?

Look past the marketing...

March 1997
Price control problem

The beginning of this year marked the introduction of the new amended medicine pricing regulations, which have been a bone of contention for a number of years. The initial regulations were proposed in 2004 and were...

March 1997
Public or private practice?

While the benefits of capitalism are undoubted they are not all a bed of roses. And if it is beds we are talking about, consider the healthcare industry. Government seeks to transfer as much of the burden of...

March 1997
Exploding the statistical myth

In a recent radio interview the Minister of Finance declared that 20% of the population received private health care while the government was responsible for the remaining 80%. We need to be concerned when such an...

March 1997
Peace not war

South African soldiers deployed across Africa in various peacekeeping missions no longer have to worry about life insurance companies rejecting death or disability claims should something happen to them.

...

March 1997
Slow voyage to compensation

When the 62 000 ton vessel MSC Napoli was beached off the English south coast 19th January 2007 it was only the start of the drama. She was carrying 41 773 metric tons of mostly container cargo when severe gale force...

March 1997
Much needed

Intec School of Insurance has been appointed as one of five providers for the retirement fund trustee training initiative lead by the Insurance Sector Education and Training Authority (Inseta).

Retirement...

March 1997
Broker support

Liberty Life has introduced a new skills Development Path for its financial advisers against the backdrop of the newly implemented FAIS legislation that requires all financial advisors to acquire National...

March 1997
Better broking

Increased pressure in the wake of financial services legislation is expected to impact positively in reducing fraud in the brokerage environment, as intermediaries continue to improve their professionalism....

March 1997
Hurdles for 2007

With many long- and short-term insurance advisers now compliant with the Financial Advisory and Intermediary Services (FAIS) Act, the emphasis shifts to those advisers offering more complex products with more risk...

March 1997
Mobile mystery

The Independent Communications Authority of South Africa (Icasa) recently announced its findings and conclusions concerning its research into the mobile public payphone industry. It essentially found that the...

March 1997
Offshore bulls

South African retail investors turned bullish on the outlook for offshore funds in the December quarter investing a net R2,4 billion in collective investments as against the previous quarter’s R605 million....

March 1997
Standing on your own feet

The Life Offices’ Association (LOA) announced mid-February the introduction of the industry’s ‘Zimele’ brand. About 17,5-million South Africans earn less than R3 000 a month. They fall into the LSM 1-5 categories that...