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October 2009
Success against pressure

Along with all industry players, Santam says it faced a challenging first six months of the year for the interim period to 30th June, 2009. Acknowledging underwriting margins had been under pressure, it notes that...

October 2009
Liquidity crunch?

The June 2009 Treasury tax revenue tables reflect signs of the weakened state of the South African economy.  VAT returns for the second quarter of this year are down 30% from the same period last year indicating...

October 2009
Old Mutual is positive

In a 12 month period characterised by significant market volatility and severe losses in the retirement savings of many investors, the Old Mutual Guaranteed Fund - the group’s longest running Smoothed Bonus Fund for...

October 2009
The bigger picture

The veteran investor Barton Biggs’ once said that “trying to find out what’s going on in the world by reading the daily paper is like trying to tell the time using only the second hand of your watch.”

...

October 2009
Italian initiative

SACE plans to expand its commitment towards Sub-Saharan Africa, from its Johannesburg regional office, which was established five years ago. SACE is an Italian government-backed export credit management company that...

October 2009
Down trend intact

The consumer inflation data confirms that the decelerating trend remains intact, but that the level at which prices are rising remains a burden to households’ budgets. According to Efficient Group, the July figures...

October 2009
Setting the record straight

Comments by the Council for Medical Schemes (CMS) about the conduct of healthcare intermediaries have drawn strong criticism from the Financial Intermediaries Association of Southern Africa (FIA) and intermediary...

October 2009
Selection guide

Old Mutual Actuaries and Consultants (OMAC) has announced the launch of a new Beneficiary Fund Benchmarking Survey designed to help trustees choose a service provider that best suits their needs.

Recent...

October 2009
Serious relook

The first ‘pension’ was introduced by Otto Eduard Leopold von Bismarck, Prince of Bismarck, Duke of Lauenburg, Count of Bismark-Schönhausen in the Kingdom of Prussia via a piece of legislation called the Old Age and...

October 2009
Sowing seeds

Most investors who have money in pension and provident funds will at some point look to allocate the bulk of these funds to a living annuity. Fund managers Coronation released an article discussing some of the...

October 2009
A fair deal

It is eight months since beneficiary funds came into existence as the primary vehicle for the acceptance of death benefits on behalf of minor dependants. Despite some delays and an extension from the Financial...

October 2009
Female folly

While women in South Africa have made tremendous strides towards equality in the workplace over the last few years, there remains a large under-provision for retirement savings compared to their male counterparts....

October 2009
Coping with burdens

The burden of excessive debt, a weak savings culture together with a lack of investment knowledge and discipline: such habits leave many South Africans unable to accumulate enough capital for retirement during their...

October 2009
We get you

Hollard says its new brand campaign lives up to the company’s irreverent label and brings a touch of fun into insurance by proclaiming, “We get you”. The new campaign was launched 1st September.

“We...

October 2009
The Martians turn Sydney red

It looks like there are men on Mars after all – and women! According to recent reports a huge dust storm attacked Sydney Australia around 22nd September 2009. With gusts of up to 100 kph, the city became clothed in a...

October 2009
CANSA can

The Cancer Association of South Africa (CANSA) is encouraging all women to invest in their health by learning how to detect women's cancers early. CANSA launched its Lymphoedema programme as part of its women's health...

October 2009
Growth symptom

The challenges facing local medical schemes have received significant press cover recently. However, as one of the fastest growing medical schemes in South Africa, Momentum Health believes that the outlook for members...

October 2009
Stress testing

A tough new generation of asset managers to weather future storms
The local asset management industry recently welcomed into its ranks three members of a new generation of investment professionals – stress...

October 2009
Hands on

According to the findings of the 2009 Risk in 21st Century Supply Chain survey nearly three-quarters (74%) of businesses are taking a ‘hands on’ approach to managing supply chain risks.
A second report...

October 2009
FISA happy

The Taxation Laws Amendment Bill that was tabled in Parliament on 2ND September contains some welcome changes to the draft that was published in June. In particular, The Fiduciary Institute of South Africa (FISA) has...

October 2009
Steady as she goes

Claims, as a percentage of earned premiums, for the short term insurance industry remained at 68% for the half year to 30th June 2009. According to the Financial Services Board report for the latest half year combined...

October 2009
Success against pressure

Along with all industry players, Santam says it faced a challenging first six months of the year for the interim period to 30th June, 2009. Acknowledging underwriting margins had been under pressure, it notes that...

October 2009
Socially responsible

On 28th September 2009 South African investors moved one step closer to accessing a fast developing global product: so-called ‘responsible investment’ on the Johannesburg Stock Exchange. The JSE now disseminates live...