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Industry News

07 Jun 2021

A country can only create the amount of jobs it is allowed to

All countries have their own laws, regulations and policies and this to a very large extent determines the environment within which jobs can be created. Should such an environment not be “job creation friendly”, a country will not be able to create as many jobs as it otherwise could have.

07 Jun 2021

How to plan adequately for retirement from your 20s-40s

Starting to save as early as possible (no matter what your age) is the best way to achieve your retirement goals. There is no substitute for this reality. The longer you’re invested in the market, the more your accumulated savings will benefit from compound interest. If you start saving at age 25, you’ll need to put aside half as much in total, compared to if you only start at age 35.
07 Jun 2021

President approves amended Customary Marriages Bill

President Cyril Ramaphosa has approved the amended Customary Marriages Bill - a significant step towards equality for women in South Africa. Moremadi Mabule, Head of Wills at Sanlam Trust explains that women who are married under the Customary Marriages Act will now be entitled to a share of the joint estate on either the death of their spouse or when they divorce.

04 Jun 2021

What to think about if you’re offered early retirement

The negative economic impacts of COVID19 are being felt by many employers and reducing operational costs has become a critical priority – the primary of these being reducing their salary bill. Hence, a strategy is to offer employees who are a few years away from retirement, the opportunity to retire early.
04 Jun 2021

Why luxury properties should be insured by specialist insurance brokers

A surge in the number of high net worth individuals (HNWIs) living in Africa is set to inflate demand for prime properties in sought-after South African destinations. “South Africa is perfectly positioned to benefit from the rise in Africa-domiciled HNWIs thanks to our relatively stable economic and financial environment as well as magnificent residential properties on offer,” says Christelle Colman, MD at Elite Risk Acceptances, a subsidiary of Old Mutual Insure.
04 Jun 2021

Charl de Villiers appointed Head of Equities at Ashburton Investments

Charl de Villiers has been appointed Head of Equities at Ashburton Investments with effect from 1st September 2021. He will join the Multi Asset and Equity team in his new role and will focus primarily on the institutional market.

03 Jun 2021

Thermal insulation: a strong case for cellulose

The introduction of SANS 10400-XA regulations relating to the energy usage in buildings, as part of the wider code of practice, gives substance to South Africa’s National Building Regulations as far as energy efficiency within a building is concerned. The SANS10400-XA standards require various thermal resistance values (R-Values) to be achieved inside the roof of...
03 Jun 2021

Helena Conradie to step down from her role as CEO of Satrix

Helena Conradie is to step down from her role as CEO of Satrix later this year, she said in a letter to the media today. "It was a bittersweet decision…I’m extremely passionate about the business, I love the people and I know how privileged I’ve been to play a role in a business and a brand that drives financial inclusion. But after 20 years at Sanlam Investments and Satrix and with the business in such a strong position as South Africa’s index leader, I feel it is time to hand over the baton."
03 Jun 2021

Stash by Liberty takes top honours at global customer experience awards

The Liberty Group's innovative Stash app has won two global awards for offering outstanding customer experience in the insurance industry.The 2021 Digital CX Awards saw the Stash app win the Outstanding Customer Experience Transformation in Insurance Award, as well as the Best Insurtech for Digital Customer Experience Award.

03 Jun 2021

The bulls and bears of investments

Bulls and bears are widely used to describe the general movement of markets. In addition, the terms ‘bullish’ and ‘bearish’ are often used to describe investor sentiment in certain markets. The actual origin of these terms is unclear, but one plausible explanation is that the terms were derived from the way these animals attack.

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