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Industry News

04 Dec 2017

Are you in a financially abusive relationship?

Financial abuse occurs in 98% of abusive relationships. If someone forcibly controls another person’s money or other assets, it is financial abuse.
04 Dec 2017

Stick to your financial plan this festive season

By Nico Coetzee, Executive: PPS Financial Planning. According to the latest statistics from the National Credit Regulator, collective consumer debt is currently more than R1.69-trillion. With South Africans facing an even tougher economic situation this festive season, it is critical that everyone makes a concerted effort to avoid falling even further into debt by sticking...
04 Dec 2017

Tax hikes are not the solution

By Joon Chong, Partner and Wesley Grimm, Candidate Attorney at Webber Wentzel. South Africa suffers from a trifecta of social challenges, namely: inequality, poverty and high levels of unemployment. This, when coupled with the state of economic stagflation, rampant government expenditure and bureaucratic paralysis is creating unprecedented fiscal pressure.
30 Nov 2017

SA homeowners and the risk of underinsurance

As the holiday season fast approaches, insurers are readying themselves for a spike in claims that come in the New Year. Before then, South Africans will accumulate gifts and other assets that are often not accounted for on household contents policies.
30 Nov 2017

SIM Enhanced Yield gets AA- credit rating

Global Credit Ratings (GCR) has confirmed the national credit fund rating it gave to the Sanlam Investment Management (SIM) Enhanced Yield Fund as AA-(ZA)(f), with an outlook of stable. In determining a fund rating, GCR completes a comprehensive assessment of the fund’s management as well as its historical performance.
30 Nov 2017

Dealing with crypto-currencies in estate planning

With the rise in popularity of crypto-currencies, and more particularly, Bitcoin, the question which isn’t immediately thought of by investors is: how do crypto-currencies fit into your estate plan and have you accounted for them?
30 Nov 2017

Old Mutual leads the way with water filtration project to help stave off Day Zero

In its quest to find effective solutions to the current water crisis in the Western Cape, Old Mutual has become the first corporate in South Africa to launch a ‘from-waste-to-drinking-water’ filtration project at its Mutualpark offices in Pinelands, Cape Town.
29 Nov 2017

The age-old debate: to buy or not to buy

By Tristan Naidoo, Legal Advisor, Old Mutual Personal Finance.
29 Nov 2017

Moody's places ratings of SA insurance groups on review for downgrade

Moody’s Investors Service, (“Moody’s”) has today placed the Insurance Financial Strength (IFS) and related debt and issuer ratings of the following South African insurance groups and related entities on review for downgrade:
29 Nov 2017

Stuart appointed as acting Deputy DG for Budget Office: Treasury

Mr Ian Stuart has been appointed as the acting Deputy Director-General for the Budget Office, the National Treasury said in a statement today. This follows the application by Mr Michael Sachs for a lateral transfer from National Treasury to other areas of public service earlier this month. “Mr Stuart is currently the Chief Director for...

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