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 […]
Important credit tips that will help young adults
Building sound creditworthiness is vital in order to ensure South African youth have a good standing for the future – and address immediate challenges posed by the tougher economy where it is becoming increasingly difficult to make ends meet. (more…)
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. (more…)
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. (more…)
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 […]
The lack of financial education could cost a fortune
While it used to take two generations to lose a fortune, now it takes just one. This is according to a PwC 2016 Billionaires Insights report that showed that globally, 70% of inheritances are squandered in under five years. (more…)
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 […]
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. (more…)
Don’t lock in permanent losses
By Anet Ahern, Chief Executive Officer, PSG Asset Management No one likes thinking of losses, never mind permanent ones. And we don’t need a behavioural expert to tell us that when it comes to investing, we feel the pain of losses (or even just declining markets) much more intensely than the satisfaction of positive investment […]
Chamber of Mines slams new Mining Charter as impractical and unsustainable
By Owen Murphy, Africa Desk Leader at BDO SA. As expected the most contentious provisions are the new requirement for mining companies to achieve a 30% level of black shareholding within the next twelve months. This will apply to structures that already meet the current 26% threshold as well as companies that achieved it previously, […]
South Africa’s most affordable medical aid option launched
Umvuzo Health, the country’s leading restricted low-cost medical scheme launched the all-new Activator Option during the unveiling of their new brand. Both the new Umvuzo Health brand and the new Activator Option created great interest and a welcome relief for those earning less than R3 850 a month. (more…)
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Partnering to increase the number of accredited financial advisers
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FSB fines Smart Life R150 000
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Riaan Burger rejoins StatPro
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Refreshing your share portfolio: How to avoid neglected portfolios
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The lack of financial education could cost a fortune
