MoneyMarketing

Industry News

31 Aug 2021

When will things return to normal?

When will things return to normal? This is the question we’re all asking. Interestingly, the author Jonathan Moodley points out that the term ‘normal’ entered the English language as recently as the mid-1840s, even though it “masquerades as an ever-present universal truth”.

31 Aug 2021

Winding up a deceased estate

Losing a spouse or family member is traumatic enough. Being unprepared for the financial realities of death can make it even more devastating. Madelein Steenkamp, Legal Specialist at PSG Wealth, says “The Covid-19 pandemic has brought with it an increased awareness around our own mortality, and the importance of having your affairs in order to protect loved ones.”

30 Aug 2021

STANLIB’s Jennifer Henry appointed CFA SA president

STANLIB is proud to announce that Jennifer Henry, the Head of Strategic Investments and Manager Research in STANLIB Multi-Manager, has been appointed as the next president of the CFA Society SA.
30 Aug 2021

Is foresight key to avoiding missed investment opportunities?

It has been predicted that the nationwide riots and looting that took place in July are likely to cost the country close to R50 billion in lost output. While the exact scale of the loss of earnings, job losses and damage to infrastructure is yet to be quantified, the rand’s drop by as much as 2% against the dollar in the wake of the destruction may leave potential investors second guessing their investment strategies.
30 Aug 2021

Three building blocks to help women achieve financial freedom

“Statistics show that women are still paid less than their male counterparts,” says Pat Magadla, Senior Business Development Manager at Old Mutual Investment Group. “A recent survey also revealed that from a middle management perspective, in South Africa, women generally earn 72c to the rand."

30 Aug 2021

Three tax relief measures for businesses affected by looting and lockdown

The COVID-19 lockdown in June was challenging for South African businesses and was further met by the unrest in KwaZulu-Natal and Gauteng in July. The government has responded with a range of tax relief measures to help small, medium, and large enterprises recover, although some may argue that more could be done.
27 Aug 2021

Life insurance stats reveal COVID-19 impact and instil vaccine confidence

Head of Product Development at Momentum Life Insurance, Jenny Ingram, provided a window into the impact COVID-19 has had and will have on life insurance claims. Based on insights from a significant life insurance market share, Ingram is confident that these statistics provide a view of the impact this virus has had on the South African insured population as well as the positive effect of the vaccination rollout.

27 Aug 2021

Expired licence? See what the insurance industry says

The South African Insurance Association (SAIA) has received new enquiries from concerned motorists about how insurers would treat motor vehicle claims where the insured person’s driver’s licence has expired after 31 August 2021.
26 Aug 2021

What happens if you go before I go?

Your personal and professional goals are incredibly important to you. You may have spent, or will spend, many years working with your financial planner to manage your risk, savings, and investments so that you can protect and reach those goals as efficiently as possible.
26 Aug 2021

What to make of negative interest rates

A decade ago, few of us would have contemplated the idea of negative monetary policy rates, let alone negative market-determined bond yields. Yet, today, four of the world’s central banks have negative policy rates, while there is US$16 trillion worth of bonds trading with a yield below zero.

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