MoneyMarketing

Industry News

27 Jun 2017

Are SA's youth a lost generation?

Are South Africa’s youth a lost generation – many of whom reportedly will never experience gainful employment? Unfortunately, this may be the case if smart strategies aren’t identified to bolster youth participation in entrepreneurship. This is according to the recently released 2016/2017 South Africa Global Entrepreneurship Monitor (GEM) which shows that youth unemployment remains at...
27 Jun 2017

What documents do you need to open a bank account?

Opening a bank account is a hassle free process, but before a bank can initiate the account opening process, there are some important documents that are required.
26 Jun 2017

Consumers in the dark about disability insurance

Consumers who have little or no disability cover in place could face financial difficulties in the unfortunate event of disabilities that often result from accidents or illnesses such as diabetes, heart attacks, depression, mental health, stroke, cancer and back pain, amongst others.
26 Jun 2017

FAIS clearly unclear!

By Gary Moore, senior legal researcher at the Free Market Foundation. A norm cannot be regarded as a “law” unless it is formulated with sufficient precision to enable the citizen to regulate his conduct. —European Court of Human Rights The Financial Advisory and Intermediary Services Act (“Fais”) is unclear about which intermediary services require licensing....
23 Jun 2017

Partnering to increase the number of accredited financial advisers

The Financial Planning Institute of Southern Africa (FPI), a South African Qualifications Authority (SAQA) recognised professional body and a SARS approved Recognised Controlling Body, is proud to announce a new partnership agreement with Old Mutual and PPS Insurance aimed at training and developing financial planners and advisers within these organisations into ultimately attaining the CERTIFIED...
23 Jun 2017

FSB fines Smart Life R150 000

The Registrar of Long-term Insurance (the Registrar) referred a case against The Smart Life Insurance Company Limited (Smart Life) to the Enforcement Committee of the Financial Services Board.
22 Jun 2017

Riaan Burger rejoins StatPro

Riaan Burger, CFA, FRM, a well-known investment performance consultant, has decided to rejoin StatPro on a full-time basis to serve as a Senior Analytics Consultant.
22 Jun 2017

Refreshing your share portfolio: How to avoid neglected portfolios

By Geoff Blount, MD, BayHill Capital. It’s mid-year and a perfect time to assess your share portfolio. Many investors who run their own portfolios via their stock brokers often end up with a “neglected portfolio” or become frustrated with the performance of their portfolio. In my experience, one of the key drivers of this frustration...
21 Jun 2017

Proof that young drivers can change their behaviour

According to the Department of Transport, about 80% of road fatalities involve males between 19 and 35 and the World Health Organisation’s global research shows that traffic injuries are the leading cause of death among people aged between 15 and 29 years old. While inexperience accounts for much of the increased risk, other factors include...
21 Jun 2017

What happens when you die without a Will?

When a person passes on without a Will, they forfeit the privilege of deciding what should happen to their estate and the estate gets allocated in terms of pre-determined legislated guidelines, known as Intestate Succession. In other words, that person has no say in how the estate should be apportioned.

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