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Industry News

12 Jul 2017

Is fixing your home loan interest rate ideal?

Following the South African Reserve Bank’s move to keep interest rates at the same level, coupled with the notion that the bank may have reached the peak of its hiking cycle; home owners will probably be reluctant to fix their home loan interest rates.
11 Jul 2017

The challenges of retirement planning for couples with a large age difference

Dual income couples with an age gap face even greater challenges.  This is according to Lisa Griffiths, a wealth adviser at BDO Cape Town, who cautions that couples with an age gap have special needs to consider when planning for their retirement.
11 Jul 2017

How does a weakening rand affect me?

By Sore Cloete, Senior Legal Manager at Old Mutual. What’s in the news? Over the past week, the rand has weakened against all major currencies, hitting a seven-week low against the dollar on Wednesday, 5 July 2017. Though blame was placed on the ANC’s proposal to nationalise the SA Reserve Bank (SARB), the underlying reason...
11 Jul 2017

Tips to save on funeral insurance

More often, consumers who are in financial predicaments are quick to turn to their bank statements to review the viability of grudge purchases like insurance, as a quick solution to free up cash to cover debt obligations.
10 Jul 2017

International travel scams to look out for when traveling overseas

As travelers, it is easy to think that we are smart enough to avoid getting ripped off. But, the truth is, it happens to the best of us. From getting ridiculously overcharged on cab rides to unknowingly revealing credit card information, travel scams exist the world over.
10 Jul 2017

Where there’s a Will……

My late father used to recount the proverb “Where there’s a will…” not with the time-worn ending “there’s a way” but with the more jaded version “there’s a fight”.
10 Jul 2017

Fixed rates growing in popularity in current economy

In the context of current economic uncertainty and market volatility, investors are increasingly turning to fixed rates and dividend or interest-bearing products. With reduced performance risk, this conservative approach aims to ensure steady returns in the uncertain investment climate.
07 Jul 2017

How financial advice models evolved in the UK

With the Financial Services Board’s Retail Distribution Review (RDR) regulations looming, South Africa’s intermediaries are understandably nervous. However, in the experience of the UK’s David Ferguson, the local investment community has nothing to fear – as long as it embraces the priorities of RDR, which are to put the client first and take full responsibility...
06 Jul 2017

South Africa faces a crisis of fixed investment – IRR report

Levels of fixed investment are falling far behind what is necessary to secure an economic recovery in South Africa. This is the main finding of report released by the IRR this morning.
06 Jul 2017

When is the right time for a founding CEO to step aside?

Following the recent news announcement that Travis Kalanick, CEO of Uber, was asked to step down by shareholders in order to move the company forward, it brings to light the notion that there may come a time for a founding CEO of a successful start-up to evaluate whether they should handover the reigns to new...

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