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Industry News

07 Aug 2017

Local unit trust manager ups research capacity

Cape Town-based fund management firm, PSG Asset Management, has announced the strengthening and expansion of its research capabilities with the appointment of Kevin Cousins as Head of Research: Investments.
07 Aug 2017

Top female execs can address SA's gender pay gap

By Christelle Colman, Chief Executive Officer of Europ Assistance South Africa.

 As we enter August, which is celebrated as Women’s Month, I am often reminded about the gender pay gap which is still a very big issue – not only in South Africa, but globally.
07 Aug 2017

UBS CIO upgrades South African equities as market nears trough

UBS Wealth Management’s Chief Investment Office (CIO) has upgraded South African stocks from underweight to neutral within its emerging market equity portfolio. CIO believes the market could rally on positive political news, including around the upcoming ANC elections in December. Average equity valuations also look relatively inexpensive.
04 Aug 2017

MylifeMymoney Financial Literacy Speech Competition 2017 launched

Following the successful inauguration in Gauteng last year, the Financial Services Board (FSB) launched the second leg of the ‘MylifeMymoney’ financial literacy speech competition at Midrand High School this week.
04 Aug 2017

Dashboard gives investors insight into global climate progress

Global asset manager, Schroders, recently launched a Climate Progress Dashboard, designed to give investors a unique insight into the progress governments and industries are making towards meeting the 2°C temperature rise target and the transition to a low-carbon global economy.
03 Aug 2017

New CEO for SAA: Treasury

Vuyani Jarana has been appointed South African Airways Chief Executive Officer, the National Treasury said in a statement this afternoon.
03 Aug 2017

SA retail sector continues to feel the pinch

South African retailers across the board continue to experience a tough local trading environment, affected by both a low growth macroeconomic environment and low consumer confidence. The challenging trading environment has led to a more intense fight to win market share, while keeping costs under control and the reality of this challenging environment is reflected...
03 Aug 2017

SA’s financial mindset gradually shifting towards saving

While harsh economic realities continue to put downward pressure on South Africans’ ability to conserve money for the future, these same realities do appear to be positively impacting the general attitude held towards saving. This is according to the 2017 Old Mutual Savings and Investment Monitor, which shows an encouraging increase in the percentage of...
03 Aug 2017

Index shows there’s no escaping the economic gloom

The Momentum / Unisa Household Financial Wellness Index (2016 data) makes for alarming reading, suggesting that a million more people could be unemployed by the end of 2018.
03 Aug 2017

Don’t be left underinsured on group risk benefits

After each job promotion at work, you increase your retirement contributions – and as your family grows, you remember to update your beneficiaries included in your death cover. But have you ever considered updating your disability cover to reflect your current lifestyle needs? This is a question posed by Samantha Jagdessi, Head of Benefits Consulting at Old Mutual...

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