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Industry News

20 Aug 2019

OUTvest and OUTsurance Life partner to build a tax efficient endowment

OUTvest, the pioneering digital investment service that sits within OUTsurance Holdings, is enabling South Africans to go beyond goals-based saving and to invest in a five-year endowment through a fixed deposit at a fixed rate, underwritten by OUTsurance Life. 
20 Aug 2019

AlphaCode awards R16 million to 8 fintech startups

Rand Merchant Investment Holding (RMI), through AlphaCode, has awarded entrepreneurial packages valued at R16 million to eight of SA’s most promising financial services startups. All businesses are under two years old and at least 51% owned by black South Africans.
20 Aug 2019

Finding financial well being solutions relevant for employers and their staff

Alexander Forbes has through a series of thought leadership interventions started to change the narrative on retirements and retrenchments in South Africa to a much broader discussion on how collaboration can result in solutions that both employers and their workers need.
19 Aug 2019

Retirement income solutions - advising your clients

By Waldette Stoffberg, business development manager at Glacier by Sanlam. Upon reaching retirement after a lifetime of saving, clients – together with their financial intermediaries – need to select the most suitable retirement income option for their needs.  People are living longer and it is crucial that they take into account their health and personal...
19 Aug 2019

The 'business side' of marriage

With wedding season fast approaching, countless soon-to-be-brides across the country are rushing to pin down the final touches for their special day. However, amid painstaking colour scheme deliberations and last-minute guest list reshuffles, Larry Masson, Financial Adviser at Momentum Consult, warns against walking down the aisle without ensuring financial alignment and protection.
19 Aug 2019

The NHI 'wrecking ball' entrenches SA’s terminal illness

The latest iteration of the NHI Bill has confirmed what South Africans have known for more than a decade: that taxes will need to rise to fund the government’s unworkable and unfeasible NHI scheme. This is according to the Free Market Foundation (FMF). “During these dire economic times, the NHI tax will be the final...
19 Aug 2019

National Credit Amendment Bill 'a dangerous and temporary fix'

If done correctly, the “Debt Relief Bill” provides for a well-regulated solution in terms of which a consumer can become completely debt-free after three to five years. That was the comment from Simone Steinmar, spokesperson for Debt Hero, a partner agency for the financial services group African Unity.
19 Aug 2019

Should you take investment advice from family and friends?

By: Lettie Mzwinila, Business Development Manager, Allan Gray
19 Aug 2019

Improved cybersecurity laws needed to deal with rising SA cybercrime

Cybercrime is a growing endemic globally. It is a crime in which the perpetrators are shrouded with a significant veil of anonymity and which affects both individuals and corporations in both the public and private sectors, respectively. With incidents on the rise, current South African laws do not effectively criminalise this kind of conduct, according...
16 Aug 2019

PSG Insure's top female advisers

In honour of it being Women’s Month, PSG Insure chatted to a few of its top female advisers for their insights on the industry, tackling client challenges and growing their businesses successfully.

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