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Industry News

28 Jan 2016

Why it’s a good idea to insure your spouse

“It’s easier to give garlic to a vampire, than to get a husband to apply for life insurance” is, understandably, a well-known adage. After all, no one wants to face their own mortality. And, as Lee Bromfield, CEO of FNB Life says: “Taking life or funeral insurance on your spouse is often seen as a...
27 Jan 2016

Investec GIBS Savings Index launched

The Investec GIBS Savings Index was launched yesterday in Johannesburg. A score of 100 represents SA’s pass mark for national savings measured against the country’s structural high watermark or the average scores of 13 countries termed the “savings stars”. These countries – namely Botswana, Brazil, China, Hong Kong, Indonesia, Japan, Malaysia, Malta, Oman, Singapore, South...
27 Jan 2016

Allan Gray welcomes amendments to retirement reform

The retirement reform amendments contained in the Taxation Laws Amendment Bill, which will come into effect on 1 March 2016, are a positive step by Treasury to encourage South Africans to save as they significantly increase tax incentives, says Allan Gray.
27 Jan 2016

Real increases for the median in 2015

The BDSI and BPPI overview for 2015 shows it was a good year for most formal income earners.
25 Jan 2016

To hike or not to hike? That is the question!

The Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) will on Thursday, the 28th of January, announce its decision on interest rates.
25 Jan 2016

SA citizens seeking Islamic Finance on the rise

A growing number of South African citizens are seeking alternate banking solutions for a diverse range of financial needs. Islamic banking and its principles based approach is proving to be a viable option to both Muslim and non-Muslim alike.
22 Jan 2016

Stick to your investment plan despite market noise

In times of market distress such as we are seeing at present, the disconnect between financial planning and asset management industries becomes even more pronounced than usual, says Paul Stewart, Head of Fund Management at Grindrod Asset Management (GrAM).
21 Jan 2016

IAM’s Hendrik du Toit appointed to global commission

[Davos, Switzerland] Investec Asset Management (IAM) announced today that CEO Hendrik du Toit joins a select group of international business, labour and civil society leaders as member of a new global commission to highlight the massive rewards to businesses who take a lead in poverty reduction and sustainable development.
21 Jan 2016

A rate hiking cycle is upon us … now what?

Andrew Morton, Head: Advice Philosophy and Product Enablement, FNB Financial Advisory, explains why the SA Reserve Bank is under pressure to hike rates.
21 Jan 2016

Four tips for global investors

As the FTSE 100 enters a bear market, investors are being urged not to panic sell, consider the buying opportunities, ensure portfolios are properly diversified, and keep some powder dry.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za