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June 2010
Everything in moderation

Cholesterol is one of those medical terms that invokes feelings of anxiety and maybe even fear in many of us. We know it is something in the blood and we think it is there because of poor diet and that it may block up...

June 2010
The long and the short of it

The mass market in the short term industry in South Africa (LSM 6 – 8) has been growing significantly in the last few years, and so has the rate at which they acquire assets. But penetration into the mass market is...

June 2010
Legal aspect

The Protection of Personal Information Bill (PPIB) was passed by Cabinet on 14th August 2009, but has not yet become law. If and when it does, the way in which information is collected, processed, stored and...

June 2010
Skills search

The Association of Certified Chartered Accountants (ACCA) recently commissioned research to identify the issues that are foremost in the minds of leading players in the finance and accounting sector in South Africa....

June 2010
Where are the cognitive skills

The quality of schooling, especially secondary schooling is firstly not sufficient to prepare people for university and also the people that do get into university the failure rates are fairly high at the moment. So...

June 2010
Charting success

A university degree is no longer enough in the globally competitive workplace. According to Chartis South Africa, there is a missing link when students leave university, with recent graduates lacking knowledge of the...

June 2010
Capital management

With the growing pace of business and the increasing pressures of compliance and regulatory control faced by the financial services and related industries, companies need more than ever to ensure their business plans...

June 2010
Rating for downturns

Local actuaries show that disability claims rise during times of economic hardship

While it has been accepted in theory by the South African life insurance industry that disability claims are likely to...

June 2010
Join the early stage

Investors who exclude smaller, early stage funds from their portfolios, opting instead for only larger funds with a proven track record, could be missing out on the opportunity for significant outperformance that...

June 2010
More realistic

The accompanying chart looks back at the US market return on a rolling basis. “Assessing returns over rolling periods provides a more realistic picture than compounded over multiple years,” explains Ian de Lange of...

June 2010
Preferring value

Since just over a year ago, the price-earnings (PE) ratio on the FTSE/JSE All Share Index (ALSI) has more than doubled: from a low of eight times earnings in March 2009 the stock market now trades at 18 times. In...

June 2010
Member rules

A strategy for offshore investing is an important decision that trustees of retirement funds and members will face and there are many things they should consider.

John Anderson, Head of National...

June 2010
Unheard of....

If actuaries, as the mathematical backbone of the world’s economy, had a louder voice and their warnings had been heard by business and government, the global economic crisis could have been avoided.

...

June 2010
Insist on statutory approval

A voetstoots clause in an agreement of sale protects the seller against failure to obtain statutory approval for building alterations on the property which render the property unfit for its purpose.

A...

June 2010
Home truths

The 2010 FIFA World Cup is expected to bring a myriad of opportunities to South African businesses. Small, Medium and Micro Enterprises (SMME) in particular will have the opportunity to take advantage of some of the...

June 2010
Painful reminder

The South African Revenue Services introduced new penalties against ‘non-compliant’ taxpayers as from 1st January 20009. The initiative is part of the tax authority’s continuing drive to maximise revenues through...

June 2010
Shaping the future

The issue of retirement reform has become one of the most prominent issues for retirement funds in South Africa over the last few years. In the Old Mutual 2010Retirement Survey 70% of respondents cited retirement...

June 2010
Fair play

Following the enactment of legislation on 1ST April 2010 men who have turned 60 may now apply for a state pension (‘Older Person’s Grant).

Women have always been able to apply for the monthly grant at 60...

June 2010
Cash concern

The Old Mutual Retirement Fund Survey 2010 shows that the volatility in equity markets over the last eighteen months has resulted in many retirement funds changing or reassessing their investment strategies. ...

June 2010
Too short, too late

A recent survey has highlighted the fact that South Africans wait too long to start saving for retirement, and that employers can do more to help foster a savings culture in South Africa.

According to the...

June 2010
Importing assistance

Litigation funding is an arrangement in terms of which an individual (with no previous interest in the litigation) pays the costs of litigation in return for a share of the proceeds of the award (in addition to...

June 2010
Basic right

South Africa’s healthcare industry needs an urgent overhaul if the country hopes to be able to provide adequate and appropriate services for its people into the future.  Speaking at the International Congress of...

June 2010
Global uncertainty

On 5th May 2010 the JSE recorded its highest number of trades ever in the exchange’s 123 year history. There were 184 336) trades valued at more than R20 billion executed on exchange during the day.
“Some of this trade can be attributed to...

June 2010
Own goal

The World Cup is expected to cause a spike in absenteeism resulting in a hefty R750m price tag for South African employers.

But there are things that can be done to combat workers skiving off. Toska...

June 2010
Wrong dough

We’ve all seen those road tankers, covered in warning signs, thundering along the freeways, like a hazard waiting to happen. A few of you might have even seen one in an accident.

Volatile chemicals...

June 2010
Time to breathe

Insurance businesses in distress are being encouraged to apply to participate in the Government’s recently launched Training Layoff Scheme by the Insurance Sector Education and Training Authority (INSETA)....

June 2010
Self regulating

The end of April saw the launch of the new Code of Conduct from the South African Insurance Association (SAIA). The Code is “a mechanism through which self-regulation can effectively be implemented.

“Its...