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Industry News

29 Apr 2019

Mergence forms corporate finance arm

The Mergence group has acquired a controlling stake in Cadiz Corporate Solutions, with the team rebranded under the name Mergence Corporate Solutions, with a presence in Johannesburg and Cape Town.
29 Apr 2019

Are you financially ready for your new arrival?

As newly expectant parents, the months preceding the arrival of a child are both incredibly exciting and busy. And between preparing your child’s room and stocking up on toys, clothes and nappies, it can be difficult to turn your mind back to the question of ensuring that you are financially prepared for the new addition...
29 Apr 2019

Can and should you pay estate duty in advance?

‘Nothing in life is certain, except death and taxes,’ goes the old saying. You’ll even pay taxes after you’ve died – or rather, your estate will – in the form of estate duties. To ease the tax burden and ensure the smooth transfer of wealth to the next generation, proper – and timeous – estate...
26 Apr 2019

A look at section 37C of the Pension Funds Act

Compiled by Lize de la Harpe, Legal Adviser: Glacier by Sanlam. Introduction In this article we will look at the wording of section 37C(1) of the Pension Funds Act No. 24 of 1956 (“the Act”) in order to determine if it leaves room for the trustees to consider the terms of an agreement entered into...
26 Apr 2019

Managing risks of weather catastrophes is essential

Just little more than a year after devastating weather catastrophes hit South Africa, KZN, Gauteng and East London have once again been battered by torrential rain and hailstorms, causing devastating floods, mudslides and a tragic loss of life.
26 Apr 2019

Enter the 2019 FPI Awards!

It’s that time of the year again: The 2019 Financial Planning Institute of Southern Africa Awards are officially open for entry. By hosting the awards ceremony, the FPI seeks to recognise excellence in the financial planning profession.
25 Apr 2019

How you can influence your investment outcomes

By Lettie Mzwinila, business development manager, Allan Gray. After an undeniably tough 2018, the local market staged a turnaround during the first quarter. But the atmosphere in the country is blowing hot and cold: As the general election approaches, and the Eskom crisis rages on, there is an undercurrent of uncertainty and markets are hypersensitive...
25 Apr 2019

SAIA concerned about forecasts for further heavy rains

The South African Insurance Association (SAIA) notes with concern the forecasts for further heavy rains and localised flooding in KwaZulu-Natal that have already suffered weather damage over the past few days.
25 Apr 2019

Are your clients’ employees protected against the lifestyle related costs associated with cancer?

By: Nashalin Portrag,  Marketing Actuary at Momentum Corporate.
25 Apr 2019

SA Inc still looking promising, says PSG Asset Management

“As we have noted for some time, there is pervasive fear in certain parts of investment markets. This is in complete contrast to other areas that are well owned and in which investors are inclined to be complacent. Markets therefore continue to be characterised by wide valuation divergences,” said Shaun le Roux, fund manager at...

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