MoneyMarketing

Industry News

07 Aug 2019

Has Trump misjudged China?

By Keith Wade, Chief Economist and Strategist at Schroders and Craig Botham, Senior Emerging Markets Economist With the yuan’s latest depreciation, China is upping the ante in its trade war with the US. This has significant market and economic implications.
07 Aug 2019

Moody's statement on Eskom causes rand softening

“The rand traded all the way down to the R14.77 level yesterday, as some of the risks associated with risky assets seem to dissipate as the general feeling was that the market was overextended,”says Andre Botha, Senior Dealer at TreasuryONE.
07 Aug 2019

Hollard Insure again wins prestigious FIA Experience Award

“The more we hear them say, the broker is dead, the more we say Long Live the Broker.” – extract from the Hollard Broker manifesto. Intermediaries (and customers) are at the heart of Hollard Insure’s business and it makes this recognition that much sweeter for us.
06 Aug 2019

Avoiding the perils of performance-chasing

By Victoria Reuvers, director and senior portfolio manager at Morningstar Investment Management South Africa. For several years now South African investors have received little reward for taking risk – particularly those invested in South African equities and/or listed property companies. Those invested in low or high equity (regulation 28 compliant, pre-retirement capital) funds and portfolios...
06 Aug 2019

Longevity protection in a default living annuity?

Retirement fund members will now be able to secure longevity protection within a living annuity. This comes after the Financial Services Conduct Authority (FSCA) announced an exemption from its criteria for living annuities in a default annuity strategy.
06 Aug 2019

Top women in investing share their intuitive money tips

Women are often said to have better intuition than men do – hence the commonly referred to term “woman’s intuition”.  However, all too often, that intuitive “gut instinct” is undervalued in favour of logic-heavy arguments – especially in male-dominated fields such as finance and investing. Yet studies show that women are actually better at investing...
06 Aug 2019

Keep an open mind and an ear to the ground

The Fourth Industrial Revolution (4IR) continues to shape our conversations and considerations around how we might need to adapt, or what skills will be needed to sustain the workplace of the future. The 4IR brings with it fast-paced change and a digital shift unlike any other.
06 Aug 2019

Ecsponent CEO to step down at the end of 2019

JSE-listed financial services company Ecsponent Limited, today announced that Terence Gregory will step down as Chief Executive Officer (CEO) on 31 December 2019. Dirk van der Merwe, the current Financial Director, will succeed Gregory as CEO. Gregory will remain on the Board as a non-executive director subject to ratification at the next annual general meeting...
06 Aug 2019

MoneyMarketing is an FPI recognised CPD Provider – August 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.
05 Aug 2019

Medical costs rise considerably as we become older

It is, statistically, an inescapable part of life that our medical costs and expenses will rise considerably as we become older. Retirees who are drawing down fixed incomes must deal with escalating costs of medical aid and expense shortfalls, creating a significant challenge in coping with erosion of their income at a rate that outstrips...

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