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Industry News

26 Sep 2019

What are the chances? Preparing for curveballs

Bertus Visser, Chief Executive of Distribution at PSG Insure. You accelerate instead of press the brake pedal – life happens. Unfortunately, if it’s when your vehicle goes through an office window, it can cost a lot more than you bargained for.  You just never know what life may throw at you. Imagine being the driver,...
26 Sep 2019

Raising employee awareness of costs of cancer

The majority of Sanlam’s 2018 disability claims (25%) were for cancer. Additionally, cancer and tumours accounted for 61% of severe illness claims. 80% of severe illness claims for women were for cancer, 31% of which were for breast cancer and 6% for skin cancer. 45% of men’s claims were for cancer, with 33% of these...
26 Sep 2019

Growing demand for SRI/Ethical ETFs and significant interest in fixed-income Smart Beta solutions

EDHEC-Risk Institute has announced the results of the 12th EDHEC European ETF, Smart Beta and Factor Investing Survey[1], conducted as part of its Amundi research chair on “ETF, Indexing and Smart Beta Investment Strategies”. This survey, conducted since 2006, aims to provide insights into European investors’ perceptions, practices and future plans in the domain of...
26 Sep 2019

The most critical risks South Africans face today

Discovery Life has released its 2018 claims statistics and the numbers tell a compelling story about the risks South Africans in different age groups face today. Discovery Life’s 2018 claims data has revealed the major risks Discovery Life members across different age groups faced in 2018.
26 Sep 2019

FMI’s ‘Income First’ approach is challenging the life insurance sector

Life insurer FMI (a division of Bidvest Life) is on a mission to change industry behaviour by shifting current industry norms from the traditional ‘lump sum’ approach, to one that champions income benefits first. With multiple advantages for both advisers and customers, it should be an easy choice for advisers to make. 
26 Sep 2019

PSG welcomes new wealth manager in KZN

PSG says it is pleased to announce the appointment of Tom Mchunu as a new Wealth Adviser at the PSG Wealth La Lucia Brandfin House office.
26 Sep 2019

Cybersecurity: There are consequences

There is a misplaced confidence in existing cybersecurity solutions and the beleaguered IT department that is leaving corporate doors wide open for attack.  The World Wide Worx State of Enterprise Security in South Africa 2019 report found that 99% of IT departments feel confident that they can protect the company and yet 45% say they...
26 Sep 2019

Intellidex makes submission on National Treasury economic policy paper

In response to the minister of finance’s request for feedback on National Treasury’s paper, Economic transformation, inclusive growth, and competitiveness: Towards an Economic Strategy for South Africa, (often called the “Tito Paper”) Intellidex has drawn up a submission with our views on some of the topics addressed in the paper.
26 Sep 2019

REITs and pension funds to fuel Africa’s next property investment cycle

Africa’s emerging real estate investment trust (REIT) market could become the catalyst for large scale investment into the continent’s growing, albeit still underdeveloped, property sector.
26 Sep 2019

How to regulate cryptocurrency: commodity, currency or security?

By Marius Reitz, GM for Africa, Luno. South Africans are increasingly buying cryptocurrencies, many exploring Bitcoin or Ethereum as investments for the first time on Luno, the country’s leading cryptocurrency platform. Anyone buying cryptocurrency should not only learn as much as they can about the crypto world, but they must also arm themselves with information...

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