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Industry News

02 Oct 2017

6 South Africans take up Money Makeover Challenge

Six ordinary South Africans will take up the Absa/City Press Money Makeover Challenge and undergo a money makeover boot camp.
02 Oct 2017

OUTsurance launches OUTvest to disrupt investments

OUTsurance Holdings Limited today launched an innovative retail investment service to complement its suite of direct to consumer short-term and life insurance products. Willem Roos, Group CEO of OUTsurance explains, “In a country with a low savings rate, a large advice gap and expensive investment products, we want to help consumers easily and cheaply save...
29 Sep 2017

NRF funds to be used for SAA

Government has approved the transfer of funds from the National Revenue Fund (NRF) to SAA to allow the airline to address the debt obligations to Citibank, thereby avoiding a default, the National Treasury said in a statement today.
29 Sep 2017

Future-proof your dreams this World Heart Day

Your youth may be the best time of your life, a period of self-discovery, fun and building your ideal future, but for many young South Africans it is also a time when less fortunate family members turn to you for financial support. Whether you call this phenomenon ‘black tax’ or the ‘sandwich generation’, it is...
29 Sep 2017

The value the internet can bring to advisers' businesses

By Philip Calvert, International Social Media Expert It happens a couple of times a year. The email comes in and they always say the same thing: “I’m sorry Philip, but I won’t be joining your technology revolution. My clients aren’t interested in the internet and that’s fine by me.”
28 Sep 2017

FNB Securities voted Top Advice Broker by Intellidex

FNB Securities is proud to announce that it has been voted the Top Advice Broker in the annual Intellidex Top Stockbrokers awards for 2017. The award follows FNB’s recent decision to consolidate its Securities, Share Investing, Portfolio Management, Investments, Advisory and Fiduciary businesses into FNB Wealth and Investments business to create one investment powerhouse destination...
28 Sep 2017

Taking on the high cost of healthcare

Medical aid premiums have been growing at above-inflation rates for the last decade or more. Last year again saw double digit increases way above the Consumer Price Index, often accompanied by benefit cuts. These increases are placing increasing burdens on those who are fortunate enough to have medical aid but, at a broader level, they...
28 Sep 2017

The FANGs have robust balance sheets

The acronym, FANGs – Facebook, Amazon, Netflix, and Google (now Alphabet) – that refers to just four specific stocks, was popularised by CNBC’s Jim Cramer in early 2013.
28 Sep 2017

Tips for managing a new inheritance

Becoming a wealthy individual overnight can be overwhelming and challenging for heirs who are not adequately prepared for the transition. Eric Enslin, CEO of FNB Private Wealth and RMB Private Bank, says a majority of high-net worth individuals and families are advised well in advance to prepare heirs for their inheritance, but circumstances often do not allow everyone...
28 Sep 2017

Southern African venture capital sector sees substantial growth

The Southern African Venture Capital and Private Equity Association (SAVCA), the industry body and public policy advocate for private equity and venture capital in the region, has released the SAVCA 2017 Venture Capital (VC) Survey. The fourth edition of the report reveals a significant increase in capital employed in the VC asset class, up from...

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