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Industry News

01 Mar 2019

Vehicle buyers offered access to tailored short-term insurance cover

PSG Insure, part of South Africa’s largest independent adviser network, has partnered with BMW Financial Services (South Africa) (Pty) Ltd (‘BMW Finance’) to offer its customers quality advice and competitive insurance solutions.
01 Mar 2019

Dealing with Default Regulations: Proper education and communication essential 

Today sees the South African retirement industry take one step closer to helping fund members enjoy a seamless retirement journey. Following the introduction of the amendments to the Pension Funds Act in September 2017, the deadline to comply with the Act’s default regulations is now effective.
01 Mar 2019

A VUCA world

AUTHOR : Peter Armitage, CEO, Anchor Capital  We live in an era of exponential change. The world around us is evolving at a rapid pace, driven by technological innovation, political and social upheaval, and an ever-more-complex regulatory framework. While this is a generalisation, it’s a notion we believe is particularly relevant to the South African...
28 Feb 2019

Investec launches Investec for Intermediaries in a fast-changing world

In a world where change is happening in an exponential way, businesses need to think differently if they are to deliver value for their clients – and this is particularly relevant in the financial intermediary space.
28 Feb 2019

Responsible investment and sustainable development growing priority for private equity

  81% of private equity firms report ESG matters to the Board at least once a year, according to PwC’s Private Equity (PE) Responsible Investment Survey 2019 67% of respondents prioritised and identified SDGs (Sustainable Development Goals) relevant to their investments in 2018 91% of private equity firms have adopted or are developing responsible investment/ESG...
27 Feb 2019

Compli-Serve SA welcomes new Compliance Officer

Compli-Serve SA is pleased to welcome Compliance Officer, Nadia Verappen, to its Cape Town team. Nadia has risk management experience within financial services, as well as local and international regulatory expertise.
27 Feb 2019

Western National Insurance adds three members to its team

Niche insurer specialising in the commercial and industrial space, Western National Insurance, is pleased to welcome three short-term stalwarts to its team. With more than 60 years’ experience collectively in the short-term insurance industry, the new members bring with them a wealth of knowledge, including specialist skills that will boost the Western National Insurance offering.
27 Feb 2019

Why the 2019 budget speech might keep the rating agencies happy

David French, Director of Tax Consulting at Mazars says that with the 2019 South African general election looming, many expected this year’s budget speech to largely be composed of populist messages aimed at voters. However, he points out that the Minister’s Speech in fact spoke directly to rating agencies with the goal of addressing some...
27 Feb 2019

Compulsory retirement savings: a plan to help us help ourselves

Author: Cindy Frantzeskos, Director of Employee Benefits at BDO With the annual treasury budget now done, an interesting thought exercise is to consider: “What would the dream budget have looked like?” In other words, what fundamental policy changes could we make to structurally improve the prospects of all South Africans.
27 Feb 2019

Affordable insurance underpins SA’s new growth plan

Author: Nico Esterhuizen, General Manager: Insurance Risks at the South African Insurance Association (SAIA) While it may not seem obvious at first glance, some of the most important economic reforms announced by President Cyril Ramaphosa in his State of the Nation Address (SONA) recently – such as infrastructure investment and growing the agricultural sector –...

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