Do you truly have control over your estate?

When the Maintenance of Surviving Spouse’s Act slipped into law in 1990 it attracted scant attention and the full implications of the legislation were not realised. The provision that a surviving spouse was allowed to claim maintenance from the estate of the deceased spouse was seen as a necessary protection (usually for a wife) whose […]

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Consumers uncertain over cover for pothole damage

Potholes featured heavily in the recent election campaign with the DA having previously warned the problem was reaching ‘tipping point’ in addition to a number of private and public initiatives being established. However, despite this collected effort many consumers remain uncertain about whether or not their insurance policy covers them for damage caused by potholes. […]

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Kagiso PMI for May remains relatively high

The seasonally adjusted Kagiso PMI remained at a relatively high level of 55.1 index points for the second consecutive month during May. Abdul Davids, the Head of Research at Kagiso Asset Management indicated that while the index has softened somewhat since hitting a peak of 57.2 in March, the May level still suggests solid growth […]

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Signs of returning confidence in local market

Confidence in the local equity markets is returning as stronger earnings coupled with perceived lower market risks emerge, says Theo Vorster, chairman of the Institute of Behavioral Finance (IBFSA).   “The latest South African Investor Confidence Index indicates a significant change in attitude among the institutional investors and financial advisors who participated in May in […]

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Don’t panic in tougher times

“It’s not necessary to do extraordinary things to get extraordinary results.” Warren Buffett   Numerous warnings are being issued of lower investment returns going forward. The past ten years have been good to South African investors – if you have been in equity markets – but this does not mean these good returns will continue […]

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Resources showing value again

The South African stock market is again offering pockets of value after coming off the boil since South Africa’s perfect investment storm in 2010 of low inflation, a strong rand, higher inflation rates than in developed markets, the extremely successful 2010 FIFA Soccer World Cup and, on top of it all, an invitation to join […]

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Compliance best practice guidelines available online

The Compliance Institute of South Africa announced today that its Generally Accepted Compliance Practice framework (GACP), the first of its kind in the world, is now available for purchase online.   The GACP is a set of principles, standards and guidelines that act as a compliance best practice benchmark for organisations and their Compliance Officers. […]

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FPI Convention to give delegates a leading edge

  International and local experts come together to unpack leading financial planning issues at annual FPI Convention   The flagship event on the financial planning industry calendar, the Financial Planning Institute (FPI) Convention, kicks off on 1 June and will see international and local experts unlock key issues currently faced by the industry. The focus […]

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Be ready for a rebound in platinum

The platinum price took a heavy beating when the great Tohoku earthquake and subsequent tsunamis struck Japan on 11 March, declining from $1 784 to a low of $1 692 on 16 March. However, it seemed to recover afterwards to reach a high of $1 882 on 2 May, before retreating recently to a current […]

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Call for compulsory third party insurance welcomed

The Short-Term Insurance Ombudsman’s “urgent” call for the introduction of compulsory third party motor insurance in South Africa should be welcomed by all parties involved, as motorists who do insure their vehicles are in effect overpaying on their premium by having to subsidise those who do not pay.   This is according to Christelle Fourie, […]

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