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Industry News

26 Feb 2019

The impact of public opinion: a force for good or bad?

By Jonathan Kaiser, SHA Claims Specialist in the PI team In an age of social media proliferation, internet sensations are born overnight and reputations can be destroyed in an instant. Intermediaries and insurers have to navigate these turbulent waters with great care. The court of public opinion – whether factually and legally correct or not...
26 Feb 2019

What type of medical scheme cover is right for you?

Matching your priorities with the right benefit option for you. The evolution of the medical scheme industry within South Africa has resulted in a dizzying array of choice for individual healthcare consumers as well as for corporates looking to provide for their employees’ health needs.
26 Feb 2019

Positioning portfolios to weather economic headwinds

The South African economy exited its recession in Q3 2018 and while attention will be on the country’s Q4 2018 GDP growth figures, due to be released by Stats SA on 5 March, all indications suggest these will be weaker than the previous quarter, according to Reza Hendrickse, Portfolio Manager at PPS Investments.
26 Feb 2019

Financial Services comes last in trust in latest global barometer

The financial services industry was once again the least trusted sector in the annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 19 years. The report is published by Edelman Intelligence, a global insight and analytics consultancy.
26 Feb 2019

All you need to know about insurance excesses

By the Ombudsman for Short-Term Insurance.   Unless you have elected to pay an additional premium for an excess-free policy, you will almost always pay an excess when you claim from your insurer- whether you are at fault or not. So what exactly is an excess and why do insurers apply these charges to insurance claims?...
25 Feb 2019

Don’t let your emotions control your financial investments

By Grant Lister, Alexander Forbes Private Wealth. The last quarter of 2018 can be described as the worst period that investors have experienced since the global meltdown of the financial markets in 2008/9.
25 Feb 2019

Avoid cutting back on business short-term insurance in tough times

Business owners who are under pressure due to the tough economic environment should avoid cutting back or cancelling their short-term insurance as they could be left in a far worse predicament.
22 Feb 2019

Volatility and the case for market-neutral investing

Several growth-supportive factors that equity and other markets have grown accustomed to over recent years are now reversing, with the result that the dynamics in play during the pre-quantitative easing regime are likely to return to favour.
22 Feb 2019

FNB cracks down on rogue debit order fraud

FNB has detected abnormally high volumes and disputes of suspicious debit orders with descriptors Procall and Mzansi in December 2018 and January 2019.
20 Feb 2019

BUDGET 2019: FNB welcomes R950m subsidy for first-time home buyers

By Dr Christoph Nieuwoudt; CEO of FNB Consumer FNB has welcomed the Finance Ministry’s announcement that first-time home buyers will benefit from a R950 million subsidy over the next three years. This is part of the Government’s ‘Our Help To Buy’ initiative to help first-time buyers to own a home.

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