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Industry News

26 Aug 2019

My journey as a woman in the SA insurance sector

By Grace Winter, CMO at FMI, a Division of Bidvest Life. Let’s face it, the financial services industry is still heavily male-dominated. But we’re seeing encouraging signs of change: transformation and equal opportunity for men and women is increasingly being spoken about at the highest levels of business all around the world, and it’s great...
26 Aug 2019

New AARTO Bill's potential impact on insurance premiums

In a recent turn of events, President Cyril Ramaphosa has signed the Administrative Adjudication of Road Traffic Offences (AARTO) Bill into law. The bill proposes introduction of a demerit system for South African drivers, and it is expected to fundamentally change driving in the country.
26 Aug 2019

NHI: A view from Bonitas Medical Fund

South Africa’s National Health Insurance Fund (NHI) Bill was released on August 8, 2019. Bonitas Medical Fund shares its preliminary views. ‘We welcome the efforts of the Department of Health insofar as it aims to achieve sustainable and affordable universal access to quality healthcare services  for all South Africans and are in full support of...
26 Aug 2019

What are the consequences of using a non-DSP for medical procedures?

By: Tony Singleton, CEO of Turnberry Management Risk Solutions In an effort to ensure quality service in the face of medical inflation, many Medical Aid Schemes have implemented networks of Designated Service Providers (DSPs). This helps control costs and means Medical Aids can offer discounted plans that restrict members to these networks. For members of the...
26 Aug 2019

Divorce and Death – the impact of Section 2B on your will

Compiled by Lize de la Harpe, Legal Adviser at Glacier by Sanlam. Introduction Not many people are aware of the statutory disqualification as set out in Section 2B of the Wills Act No. 7 of 1953, which states that if a testator dies within three months of becoming divorced, and that person executed a will...
26 Aug 2019

US Market Volatility and Sleepless Summertime Nights

The summer of 2019 has given equity investors a lot of things to worry about. Yet, Franklin Equity Group’s Grant Bowers says the health of the US equity bull market shouldn’t be one of them—at least not now. He discusses the biggest growth driver for both the US and global economy and explains why he...
26 Aug 2019

Investment Perspectives Q2 2019 – Remain focused on the long term

Portfolio Manager at PPS Investments, Reza Hendrickse delves into the market events during the quarter and shares some insight on what we can expect for the rest of the year.
26 Aug 2019

Hindsight is 20/20 when it comes to offshore investing

By Hannes van Zyl, Principal Investment Consultant, Alexander Forbes Investments. The local stock market has delivered disappointing returns over the past five years, barely beating inflation. It has been a painful period for equity investors, not only relative to the great returns we have seen in the past, but also relative to the returns local...
26 Aug 2019

How technology is changing the wealth management industry

By: Andrew Möller, Director and Chief Executive Officer, Citadel One of the most significant trends in the wealth management industry in recent years has been increasing adoption of technology as both a facilitator and a driver of growth.
26 Aug 2019

Africa’s private business leaders optimistic about future growth and embracing digitalisation

The leaders of private businesses in Africa lead their counterparts in Europe in their embrace of digital change. Four in five (81%) of respondents to a PwC survey of private businesses (across nine key economies on the continent) said they see digitalisation as “highly relevant” to their future, compared with 65% in Europe. And a...

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