MoneyMarketing

Industry News

08 Oct 2018

Old Mutual Insure introduces cutting-edge innovations to improve customer experience

Old Mutual Insure does not take customer experience lightly – we believe in doing great things! the company is constantly looking for innovative ways to delight its customers. Being the oldest short-term insurer in South Africa, Old Mutual Insure is acutely aware of the importance of attracting new customers and retaining existing ones.
08 Oct 2018

Factors to consider about your retirement plans when changing jobs

Many people are more likely to change jobs during their working life. When this happens, individuals must consider the financial implications that comes with changing jobs, especially long-term plans such as retirement planning.
05 Oct 2018

Minister Nene: I owe you conduct as a public office bearer that is beyond reproach

The following statement was released by the Minister of Finance, Nhlanhla Nene, today. Fellow South Africans, as you are aware, I gave testimony to the Commission of Inquiry into State Capture on Wednesday, 3 October 2018, during which I made reference to the visits I made to the premises of the Gupta family businesses in Midrand...
05 Oct 2018

What you need to know about proposed tax changes in the investment industry

By Denver Keswell, Senior Legal Advisor at Nedgroup Investments. Access to Preservation funds upon formal emigration The definition of a retirement annuity (RA) allows a member to withdraw their full benefit prior to reaching retirement – provided they have formally emigrated from South Africa and that emigration is recognized by the South African Reserve Bank...
04 Oct 2018

Passing the baton: preserving family wealth

Despite a volatile economic environment, wealth continues to grow in South Africa, with total private wealth increasing from $670-billion in 2016 to $722-billion in 2017. The New World Wealth’s 2018 South African Wealth Report shows that high net worth individual (HNWI) wealth accounts for 42% of this. Given that 34% of SA’s HNWIs are over...
04 Oct 2018

SAVCA Bolsters Board with New Additions

The Southern African Venture Capital and Private Equity Association (SAVCA), the industry body for the private equity and venture capital industry in Southern Africa, has welcomed two new directors and the reappointment of an existing director to its board who were elected at its annual general meeting held yesterday in Johannesburg.
04 Oct 2018

Are fees taking the bonus out of SA smooth bonus funds?

Given the volatile nature of local markets in recent years, smooth bonus funds have increased in popularity among South Africans seeking a more stable ride to retirement. This most likely shows that South Africans, especially those who are most vulnerable, are opting for all the protection from market volatility that they can get.
03 Oct 2018

PSG Wealth gives back to local schools

PSG Wealth is giving back to their local communities in Gauteng by creating a better environment for underprivileged primary school children. PSG Wealth’s current programme has already seen many renovations and infrastructural improvements at Emelang Primary School in Meadowlands and Witkoppen Primary in Fourways. PSG Wealth provides financial support, while the initiatives are driven by...
03 Oct 2018

Stonehage Fleming and Lombard International Assurance announce strategic partnership

Stonehage Fleming, one of the world’s leading independently owned family offices and Lombard International Assurance, a global leader in wealth planning solutions for high-net-worth individuals, today announce a new strategic partnership. The collaboration will allow Stonehage Fleming to offer its clients access to Lombard International Assurance’s unit-linked life assurance solutions. The solutions will be available in...
03 Oct 2018

Winner of annual FISA Chairperson's Award announced

At the 8th Annual FISA Conference held at the Sandton Convention Centre on 20 September, the annual FISA Chairperson’s Award was handed to Nico Botha of Stellenbosch Trustees and Trust Limited.

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