MoneyMarketing

Industry News

17 Aug 2021

BlackRock's Weekly Market Commentary: Don't ignore climate risks in portfolios

Severe climate events around the world this year have intensified debate around the effects of climate change and the risks they pose to portfolios. Investors should no longer view the transition to a low-carbon economy as a distant event only, in our view, as it is happening here and now.

17 Aug 2021

Weighing up the current attraction of cash investments

In times of low interest rates, it’s important to understand what risks investors are taking on by seeking additional yield. Despite the low-rate environment, placing cash with a reputable institution can help investors achieve their goals, says Mabule Setoaba, Head of Sales and Distribution, Investec for Intermediaries.
17 Aug 2021

Tax emigration and retirement savings: more complexity in an already complex area

National Treasury recently published the Taxation Laws Amendment Bill which incorporates tax proposals made in the 2021 National Budget. The Bill and its accompanying memorandum contain several rules around the tax treatment of retirement savings upon a South African who is tax emigrating, thereby creating more complexity in an already complex area.

17 Aug 2021

Financial services of the future: Catering for the global citizen

As many of us become ever more global citizens, should our financial services (insurance, investments, advice) not also become global? Imagine working anywhere in the world without having to worry about changing your short-term insurance cover, investments or life policies. And most importantly, having the same financial adviser and mentor to guide and assist you?
17 Aug 2021

SA takes on non-compliance in the crypto tax space

While the population of cryptocurrency in South Africa has soared in recent years and the past few months in particular, the South African Revenue Service (SARS) is seemingly beginning to play hardball when it comes to outstanding tax liability.
16 Aug 2021

Boutique fund manager launches Global Active Equity Fund

Laurium Capital has announced the launch of the Laurium Global Active Equity Fund, a Section 65 approved fund domiciled in Mauritius. Laurium has been investing in global markets for many years as a key component of their multi-asset franchise, with Murray Winckler leading the team on global strategy, given his previous experience as head of global markets (equity and debt) at Deutsche Bank.
16 Aug 2021

Financial security now available for small business employees

Simply Staff Cover gives employers a simple, cost-effective way of addressing their employees’ financial security concerns in the midst of the Covid-19 pandemic. This globally unique product has over 1000 businesses in South Africa already signed up.
16 Aug 2021

How much do you need to retire comfortably?

I know I have mentioned this a few times over the course of the last year, but these are very strange times we find ourselves in. The COVID-19 pandemic hasn’t just played havoc with many investors’ finances, but many of them have been forced to withdraw from their retirement savings in, for example, the form of a preservation fund, just to survive.

16 Aug 2021

Rights and responsibilities under the data privacy laws

Over the years, data privacy and protecting personal information has become increasingly important, both from a business and client perspective. The Protection of Personal Information Act 4 of 2013 (POPI) was gazetted in South Africa in 2014 with the intention to protect your data privacy rights as well as your personal information.

13 Aug 2021

FSCA issues update on Contingent Business Interruption claims

The Financial Sector Conduct Authority (FSCA) says it is continuing to investigate policyholder complaints regarding the assessment and payment of Contingent Business Interruption (CBI) claims.

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