MoneyMarketing

Industry News

26 Jul 2018

Knee-jerk decisions undermine employees’ retirement outcomes

Retirement fund members invested in more aggressive portfolios delivering poor returns during certain market cycles may be tempted to make emotional, short-term decisions. Katherine Barker, Head of Momentum FundsAtWork, says financial advisers play a key role in helping members to avoid hasty portfolio changes that reduce the probability of reaching their long-term retirement goals.
25 Jul 2018

Why investors are wrong about the role of the dollar

A new theory about the US dollar is challenging the way economists and markets think about currencies. It has particularly important implications for emerging market asset classes. By Craig Botham, Emerging Markets Economist at Schroders.
25 Jul 2018

SARS prescription only starts once tax return has been submitted

By Eric Madumo, Candidate Attorney and Joon Chong, Partner at Webber Wentzel In the recent case of CSARS v Char Trade, the Supreme Court of Appeal (SCA) that prescription begins to run against CSARS when a return for secondary tax on companies (STC) is submitted to SARS by a taxpayer.
25 Jul 2018

Insuring your business against cyber crime

The recent hack at one of SA’s largest insurers has been a wakeup call for many local businesses that have maintained a fairly relaxed approach to cybersecurity. As the biggest SA breach to date, it dominated the headlines, but the reality is that cyber security issues have been creeping up on us for some time,...
25 Jul 2018

Medical aid market can be a ‘complicated space’ to navigate

The GTC 2018 Medical Aid Survey (MAS) analyses and rates medical aid schemes according to a standardised comparison and ranks the choices available to members.
24 Jul 2018

Platform connects investors and venture capital companies

  A recently launched online platform – The 12J Marketplace – has made it much easier for South African investors to access information on the most active Section 12J Venture Capital Companies (VCC) in the country. It will also provide users with the ability to process their investment online in the near future. First of...
24 Jul 2018

How harmful is a bribery or corruption scandal to a company?

Corruption involves a wide range of activities including bribery and dishonest or fraudulent practices by relatively powerful people. With the prevalence of corruption globally, the UK Bribery Act 2010 requires companies to mitigate financial penalties and reputational risks associated with these illegal acts within their organisation and third-parties, through adequate preventative measures. However, despite strict...
24 Jul 2018

The importance of remaining invested through market cycles

In this age of limitless, instantaneous information, it is increasingly difficult to focus on the things that really matter to long-term investment returns. News channels bombard us with “breaking news” headlines — war with North Korea, peace with North Korea; détente with China, trade war with China; Brexit on, Brexit off; Zuma despair, Ramaphosa euphoria....
24 Jul 2018

Satrix takes Madiba’s ‘circle of dialogue’ to the JSE

During his imprisonment on Robben Island, global icon Nelson Mandela encouraged honest debate, conversing in a circle in which every voice was heard, and discouraging polarisation and the elevation of an individual’s status above that of the rest of the group. It is this ‘circle of dialogue’ that Satrix chose to take to the Johannesburg...
24 Jul 2018

Comments on draft Conduct Standard for cell captive insurance invited:FSCA

On 20 July 2018, the Financial Sector Conduct Authority (FSCA) published for comment, for a period of six weeks, a draft Conduct Standard setting out requirements for the conduct of cell captive insurance business in relation to third party risks. The draft Conduct Standard is aimed at: Alleviating potential risks to the delivery of fair...

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