MoneyMarketing

Industry News

15 Aug 2017

Sanlam to acquire 30% of fintech disruptor EasyEquities

Purple Group (PPE) and Sanlam Investment Holdings (SIH), a wholly owned subsidiary of Sanlam Limited, are delighted to announce that SIH has entered into agreements to acquire a 30% stake in First World Trader Proprietary Limited, trading as EasyEquities.
15 Aug 2017

Pros and cons of a joint home loan

At some stage in life everyone aspires to have a home of their own, but circumstances such as not earning enough income to qualify for a bond can often come in the way. Fortunately, banks do allow individuals to apply for home loans jointly to be able to realise their dreams.
14 Aug 2017

Black asset managers in South Africa grow in number but not in size

Black asset managers have grown to 45 in number, managing R416 billion of the South African savings and investments industry out of a total pool of R4.6 trillion currently managed by the private sector. This is revealed in the ninth annual BEE.conomics survey, published by 27four Investment Managers, which is due for release on 5...
14 Aug 2017

Why value is key to success in a post-RDR world

Within the current economic and legislative environment, demonstrating value as a financial adviser has become imperative, says Lizl Budhram, Head of Advice at Old Mutual Personal Finance. The Retail Distribution Review (RDR) is expected to put adviser fees under customers’ microscopes and technological trends such as robo-advice and shifting consumer behaviour requires advisers to reinvent...
11 Aug 2017

Mistakes have been made: CEO of KPMG South Africa

Trevor Hoole, the CEO of KPMG South Africa, today issued an update on the steps KPMG is taking to address the issues raised by various stakeholders regarding the work it previously performed for companies related to the Gupta Family (the Group).
11 Aug 2017

BRICS New Development Bank confirms appointment of SA representatives

The BRICS New Development Bank (NDB) has confirmed that Mr Dondo Mogajane, Director-General of the National Treasury has been appointed as the new Director representing South Africa. This follows the expiration of Mr Tito Mboweni’s term of service as Director of the NDB in early July.
10 Aug 2017

Three ways for women to future-proof their finances

Nine out of ten women will at some point be solely responsible for their own financial wellbeing. As women also tend to outlive men, even those who are wives will at some point be widows and sadly, many marriages end in divorce in any case.
08 Aug 2017

Ladies, financial planning doesn't happen by chance

By Motshabi Nomvethe, Technical Marketing Specialist at PPS. Latest local statistics reveal that women are playing an increasingly critical role in ensuring the financial security of their families, highlighting the need for proper financial planning for all women. In South Africa, women make up more than half of university graduates* and over 50% of families...
08 Aug 2017

Women’s Month: a reminder to take charge of your financial future

By Madelein Marais, Legal Advisor at Old Mutual Personal Finance What’s in the news? As we celebrate National Women’s Month and the role that women play within society, it’s also an appropriate time for all South African women to take stock of their finances and own their financial security and success.
08 Aug 2017

'Thou shalt invest as prescribed'

By Albert Botha, Fixed Income Portfolio Manager at Ashburton Investments. With the ANC policy conference over and political fatigue setting in, one of the final little nuggets released on the last day was that the ANC is mulling over the possibility of prescribed assets in pension funds.

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