MoneyMarketing

Industry News

25 Mar 2021

Hollard Group’s life insurance pay-outs soar to historic highs

The Hollard Insurance Group, South Africa’s largest privately owned insurance group, today reported that it has paid out the highest death benefit claims in its 41-year history in the period since March 2020.

24 Mar 2021

BrightRock announces strong growth in 2020, despite COVID-19’s challenges

Needs-matched life insurer BrightRock has released an update on its business performance across its individual life, group life and funeral assistance business. Despite the tough market conditions and trying times in the industry, BrightRock delivered industry-leading growth for the 2020 financial year.
24 Mar 2021

FNB Life proactively pays out biggest claim to date

FNB Life has proactively paid out its biggest claim to date, valued at R 6 million, for a customised Life insurance policy. The claim was proactively triggered by the FNB Life’s routine policyholder check, followed by a trace of the beneficiary.
24 Mar 2021

Litigation Funding: Pioneering an alternative asset class in SA

Litigation funding occurs when a third party, with no direct interest in a legal case, finances the legal costs in return for a share of the claim proceeds if successful.
24 Mar 2021

Three ways the investment world has changed

The investment world looks very different today compared to what it’s looked like in the recent past and requires investors to challenge pre-conceived notions, according to Schroders’ Robin Parbrook, Fund Manager and Co-Head of Asian Equity Alternative Investments.
24 Mar 2021

Why a conservative retirement plan isn’t watertight

Playing it safe with your retirement plan could be an unsustainable approach in the long term. Here’s why experts suggest taking advantage of a combined approach to secure your financial future.
23 Mar 2021

FNB acquires fintech company Selpal to accelerate financial inclusion in townships

Over the last few years, FNB has made significant strides in supporting and becoming more relevant to community-based businesses. To reaffirm its commitment and further increase the level of financial inclusion in SA, the Bank has acquired 100% of Selpal - a financial technology solutions (fintech) company that operates specifically in townships and rural sectors of the economy.
23 Mar 2021

atWORK and QuicklySign team up to save advisers time and money

COVID-19 and remote working has helped the world end the paper document. Which is why atWORK’s integration of SA-based QuicklySign into its client management software is so timely.

23 Mar 2021

Manufacturers still reporting constrained supply chains: Survey

Global restrictions implemented to curb the spread of Covid-19 have had a direct impact on manufacturing supply chains with constraints still evident across many manufacturing subsectors a year after the country first went into hard lockdown, according to the Q1 Absa Manufacturing Survey.
23 Mar 2021

Plot twist: there’s no global recession

The COVID-19 pandemic has hastened several structural changes that were gathering momentum before 2020, but this has several implications for policymakers worldwide, and, closer to home, for investors seeking to expand their offshore portfolios and build their global wealth.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za