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Industry News

11 Apr 2019

ASISA Retirement Savings Cost Disclosure Standard developed to build trust through meaningful disclosure

ASISA says it has taken note of a number of media reports published over the past week, quoting one source who implied that the new ASISA Retirement Savings Cost (RSC) Disclosure Standard, which came into effect on 1 March 2019, was developed to “reveal” and “expose” hidden costs in the industry. The articles also suggested...
11 Apr 2019

What to look for in a future-fit group insurance provider

Increasingly, group insurance is seen as a commoditised offering with its value demonstrated through the lowest price. However, understanding the state of well-being of employees, throughout their journey and through the evolution of the workforce, can greatly assist in determining whether the current group insurance solution matches the needs of the employer and their employees...
09 Apr 2019

IAM underscores commitment to global multi-asset with senior hire

Investec Asset Management has further strengthened the leadership of the firm’s global multi-asset investment capability with the appointment of James Elliot, who will head the team from July 2019. Bringing with him 24 years of industry experience, Elliot’s remit as Head of Multi-Asset at Investec Asset Management will include oversight of all existing investment solutions and the...
09 Apr 2019

Retiring early – how much is enough to own your future?

“South Africans who are members of their mandatory company pension fund benefit from this disciplined savings opportunity,” says Tristan Naidoo from Old Mutual Personal Finance. “Nevertheless, we know that only about 8.3% of pension fund members have sufficient savings in their company retirement fund to be able to generate a pension of about 70% of...
09 Apr 2019

Taking sensible precautions and being aware can help you weather any storm

Householders and motorists should brace themselves for the possibility of storms, heavy rains and flash floods occurring across the country by taking precautions to safeguard their homes, possessions and, if possible, avoiding driving when the weather turns threatening, says Old Mutual Insure.
09 Apr 2019

Of bulls and bears

By Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), Old Mutual Multi-Managers. A long bull market Last month saw global equity markets pass a milestone. It’s been 10 years since equity markets bottomed after the Global Financial Crisis (GFC) in March 2009. In other words, the post-crisis bull market is 120 months old...
09 Apr 2019

Will our homes become too smart for us?

The Internet of Things (IoT) – a term with which we are becoming increasingly familiar – refers to the interconnection of computing devices and sensors embedded into everyday objects. These objects include devices, vehicles, machines and even smart home appliances that constantly collect and exchange data via the Internet.
09 Apr 2019

The cost of illness and absenteeism on your business

The link between business success and employee well-being is well documented. Ever-increasing pressures on employees are forcing businesses to recognise the importance of enabling easy access to healthcare for their team. This includes access to pharmacists, doctors, dentists and optometrists, as well as to radiology and maternity benefits as soon as symptoms arise – either...
08 Apr 2019

SA Bank of Athens repositioning as Grobank

Against the background of South Africa’s rapidly evolving and expanding banking landscape, where digital solutions and low-cost operating models have become some of the top challenges, the former South African Bank of Athens has repositioned itself as a new banking entity – Grobank.The Grobank brand reflects the transaction that concluded in October 2018 when GroCapital...
08 Apr 2019

Is now a good time to invest?

By Adrian Saville, Chief Executive, and Samantha Steyn, Chief Investment Officer, Cannon Asset Managers. “Is now a good time to invest?” is one of the most frequently asked questions in the investment world.

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