Pension industry taken to task by regulator

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Many pension funds claim they conform to the Treating Customers Fairly (TCF) principle despite giving customers a raw deal, says Pension Funds Adjudicator Muvhango Lukhaimane in a review of the industry. (more…)

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It’s a buyers’ market for house sales

The sad house

My husband and I have done a bit of house-hunting over the last few weeks.  While we’re looking for more space to accommodate my husband’s hobbies (collecting cars and motorbikes) and my book collection, we’re taking our time about moving house. During our outings with realtors to look at various properties, we’ve seen some sad […]

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Michelle Acton1

The shift to umbrella funds – is it the right option for your company?

Given the increasingly complex retirement fund landscape and ever-expanding regulatory requirements, implementing a scheme for employees to save for retirement may seem like a daunting prospect for a business. (more…)

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Mr Gavin Smith and Mr and Mrs Mmusi Maimane

Businesses urged “to do more” at Cape Town charity event

Western Cape Premier Helen Zille has urged the Cape Town business community to follow the example of deVere Acuma “to do more” to help charity at an event attended by Democratic Alliance Leader Mmusi Maimane, Minister Alan Winde, The FW de Klerk Foundation and other dignitaries. (more…)

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7 top insurance saving tips for small and medium enterprises

With South Africa’s bleak economic forecast of a gross domestic product (GDP) growth rate of 0.5% for the remainder of 2016, small, medium and macro enterprises (SMMEs) may face tremendous financial pressure. In light of this, SMME’s may need to review their budgets and cut out unnecessary expenses. According to Colin van Zyl, Commercial Accounts […]

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Deutsche Bundesbank appoints representative in South Africa

Cooperation between the Deutsche Bundesbank (Bundesbank) and the South African Reserve Bank (SARB) reached a major milestone this week when the Bundesbank announced its representative to be based in Pretoria, its first on the African continent. (more…)

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FNB launches five new Smart Beta informed unit trusts

FNB is expanding its investment offering by launching five new unit trusts called the FNB Horizon Series. These unit trusts have been designed to make it exceptionally simple for customers to choose which fund will suit them best. (more…)

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Lee-Bromfield_FNB-Life

It’s time to spring clean your insurance policies

People that have insurance policies tend to assume that everything is in perfect order as long as their debit order goes off every month without a glitch. (more…)

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Another PSG fund breaches R1bn

PSG Asset Management announced today that its PSG Diversified Income Fund has recently grown to over R1 billion in size on the back of good performance and increasing support. In addition, the Fund was recently awarded the coveted five PlexCrown ranking in the Plexcrown Survey to 30 June 2016. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

Dear Mr Zuma ……. an open letter from ABSIP

Dear Mr Zuma Further to the events of December 2015, which resulted in considerable damage to the South African economy and markets, as the Association of Black Securities and Investment Professionals (ABSIP) we were pleased with progress made to restore confidence in South African economy. (more…)

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Dispute between Gordhan and SARS ‘places confidence at risk’

In recent weeks, following the local elections, we have been reminded of the importance of democracy – and our commitment to this as a country, has encouraged all stakeholders; citizens, business, investors and politicians alike – all while the world continues to keep a watchful eye on us. However, the ongoing dispute between the Ministry […]

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