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August 2008
Gambling ways

There are various forms of gambling ranging from the low risk, low return to high risk, high return. Millions turn to the lotto or the roulette wheel in search of that fortune, which many others would see as ‘throwing...

August 2008
Making cents

The current weakness of the rand is driving many investors offshore. But if you need your investments to generate income, it’s not advisable to have too much of your portfolio invested in other currencies. This is...

August 2008
Retrospective amendment.

Taxpayers who entered into an intra-group transaction in terms of section 45 of the Income Tax Act during the year of assessment, ending on or after 30 October 2007, which involved the intra-group transfer of assets...

August 2008
Work around

I really hate Microsoft. I’ve got good reasons. But before I get too carried away I must also acknowledge that I use many of its programs, not least of which is Windows XP, and achieve a great deal of productivity. I...

August 2008
Consumer cost

With consumers and businesses coming under increased cash flow pressure from higher interest rates and inflation, insurance companies are noticing a marked increase in the number of fraudulent insurance claim...

August 2008
Cost free enhancements

Momentum’s long-term insurance product, Myriad, has just been given new benefits and significant enhancements, especially to the income protection benefits, almost totally revamping them.

Comments Kevin...

August 2008
Fraud won’t wash

There will be no general across-the-board premium increases on its short term insurance policies. That’s the message from Santam, which assures its clients that each policy will be reviewed on an individual basis...

August 2008
Getting preference

As the bad economic and market news continues to dominate, investors are urgently looking for new ways to grow their wealth and realise excellent returns - without undue risk. One investment class which provides a low...

August 2008
Dow deal

Dow Jones Indexes, a leading global index provider, today launched the Dow Jones Africa Titans 50 Index, a pan-African index that measures the stock performance of 50 companies that are headquartered in or generate...

August 2008
June quarter

Collective investments net inflows rebounded in the June quarter reaching the R10 billion mark from R3,9 billion in the previous three months. Market assets dipped slightly to R656 billion from R659 billion....

August 2008
Erosive force?

The South African market has recently seen the launch of a number of structured investment products that offer various performance or capital guarantees. The provision of the guarantee usually requires a lock-in...

August 2008
New launch

To minimise the pressures of determining asset allocation and fund choices for investor portfolios, Momentum has launched Momentum Investment Consulting (MIC), a service to Financial Advisers that delivers an...

August 2008
The success of a diversified Investor

Listed property is an excellent investment choice for income-dependant investors. At least that’s according to experience at Marriott whose funds in this sector have performed exceptionally well: two of its property...

August 2008
Get personal

Financial advisers often ask why they should select only one Linked Investment Service Provider (LISP) with whom to do business, rather than a selection of providers. Their concerns in using one LISP could relate to a...

August 2008
Tricky timing

Absolute return funds aim to protect investors’ capital and provide inflation beating returns, without losing capital over one-year periods. But returns from these funds have been as varied as their strategies, with...

August 2008
Inflation no longer the world’s villain

The risk of a spike in the global inflation rate on the back of spiralling oil prices has been much touted as the villain responsible for the general doom and gloom pervading the investment markets around the world....

August 2008
Forget timing

If you are an equity investor and follow the markets quite closely you may be of the opinion that now is the time to sell. Your reasoning may be that cash has returned 10.3% over the last year and the All Share Index’...

August 2008
In gauging story

The US standard railroad gauge (distance between the rails) is 4 feet, 8.5 inches. That’s an exceedingly odd number. Why was that gauge used? Because that’s the way they built them in England, and English expatriates...

August 2008
Legal twist

Section 41 of the Income Tax Act currently defines a “group of companies” as a group, defined in section 1 of the Act and provides that any company shall not form part of a “group of companies” if, inter alia, that...

August 2008
Wards and wordings

Most if not all private hospital networks carry professional indemnity insurance.
The National Health Act 2003 in a provision yet to come into force requires every private health establishment (which is...

August 2008
Investment opportunity

After 12 years with Business & Arts South Africa, ceo Nicola Danby has moved to the Artinsure board in July.

Artinsure MD, Gordon Massie, says, it is a real advantage to have attracted a person with...

August 2008
Managing data

Cyber risks could be the next big trigger for lawsuits against directors, warns Aon at a recent seminar on data management held in the UK. Directors could be held responsible for loss to companies and their...

August 2008
Complex times

Short-term insurers selected a new board of directors at the Annual General Meeting of its representative body, the South African Insurance Association (SAIA), on 12th June 2008.

The current Chair of the...

August 2008
A step in the right direction

Life commission reforms are set to be introduced August 2008. Treasury made proposals to change commission structures and reduce penalties on the transfer of retirement annuities earlier this year.
It...

August 2008
PC games

The National Gambling Amendment Act, 2008 was passed on 10th July 2008 and published in the Government Gazette on the 14th. Its aim is to amend the National Gambling Act to provide for the licensing and regulation of...