MoneyMarketing

Industry News

03 Sep 2019

Put your financial adviser’s number on speed dial

  By Richus Nel, Financial Adviser at PSG Wealth. There are many parallels we can draw between the value a financial manager can add to a business, and the value a financial adviser can add to your personal finances. There is much to be learnt from approaching your personal finances similarly to how you’d approach a...
03 Sep 2019

CPD - An opportunity for advisers to be on top of their game

Ever since Continuous Professional Development (CPD) became part of the Financial Sector Conduct Authority’s (FSCA) Fit and Proper Requirements (as required in Board Notice 194 of 2017, with effect from 1 April 2018), CPD compliance has become an inescapable reality for all financial services providers (FSP), key individuals and representatives such as brokers and financial...
03 Sep 2019

Tax revolt versus “it’s the right thing to do…”

Doné Howell, Head of Individuals, Trusts and Estates at BDO. I still recall former Minister of Finance, Mr. Trevor Manuel’s catch phrase to the 10th budget speech of the democratically elected government of South Africa, which today would make for an interesting hashtag following, namely “because it’s the right thing to do”.
03 Sep 2019

It's business, not personal

Drawing the line between business and personal insurance for healthcare professionals.  For many healthcare professionals, there is often a blurring of lines between personal and business roles and this can even extend into insurance planning.  It becomes especially important in a world where work environments are evolving, and more practitioners like dieticians, chiropractors, physiotherapists and...
03 Sep 2019

MoneyMarketing is an FPI recognised CPD Provider – September 2019

Now FPI members can earn 1 verifiable CPD point/hour for reading the latest issue of MoneyMarketing. A CPD activity is a verifiable activity that is accredited by a professional body – such as the Financial Planning Institute of Southern Africa (FPI), a South African Qualifications Authority (SAQA) Recognised Professional Body.
02 Sep 2019

Estate planning simplified

In the prime of our lives, most of us don’t like to think about death and dying, but for those with dependents and assets, proper estate planning for the management of these after one has died, is essential.
02 Sep 2019

Old Mutual delivers 10% growth in Adjusted Headline Earnings

Old Mutual Limited today announced its Interim Results for the six months ended 30 June 2019. The Group’s Adjusted Headline Earnings for the period are up 10% to R5,211 million from R4,750 million in the first half of 2018. This is as a result of higher investment returns in South Africa and good profits contributed...
02 Sep 2019

Momentum Securities’ International Equities portfolio performs exceptionally against local peers

Momentum Securities’ International Equity portfolio would have ranked top quartile over one, two and three years for the period ending 31 July 2019 in comparison to the recently released ASISA statistics for its Global Equity General unit trust category.
02 Sep 2019

Absa PMI drops more than expected in August

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 45.7 index points in August, down from 52.1 in July. While the magnitude of the decline may have been larger than anticipated, a fall in the PMI in August was not totally unexpected. This followed on July’s surprisingly solid reading, despite the weak domestic demand...
02 Sep 2019

Boris Johnson's poker playing puts the UK economy at stake

Boris Johnson’s Brexit strategy is nothing more than a high-risk gamble for the UK economy, says Nigel Green, the chief executive of deVere Group. The warning  comes as it was revealed that several billion pounds have been pulled out of UK equity funds since Mr Johnson became Prime Minister amid growing fears of a no-deal Brexit.

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