Key questions to ask when changing medical schemes

It’s that time of year when you may be considering changing your medical scheme. Liberty Medical Scheme’s Executive Principal Officer, Andrew Edwards, outlines the key questions you should be asking. What’s the most comprehensive cover I can afford? Many people choose the most basic benefit plan because they don’t anticipate that they will fall seriously […]

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How to kickstart the SA economy – it’s easier than you think

Adrian Saville, CIO of Cannon Asset Managers, looks at ways to boost the South African economy. It’s no secret that the South African economy is growing at rates well below its potential. What is perhaps less well understood is that there are some quick wins which could kick-start the economy, yielding swift results. And from […]

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Living annuity tips from an actuarial advice model

Once you have decided on a retirement date an array of difficult and complex investment decisions awaits you, all of them with far reaching consequences. Provided you are able to fund your retirement with money saved in a retirement annuity (RA) or an employer’s pension fund, the first decision that you need to take on […]

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Why are South Africans not saving more?

South Africans are frequently criticised for being notoriously bad savers. This label is borne out by a recent study which shows that only 20% of South Africans have any kind of formal savings with a recognised financial institution. We don’t compare well internationally either: even compared to other BRICS countries South Africa has the lowest […]

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Entrepreneurship – Is all the hype creating the wrong pressure?

By Nyasha Mugadza – PHD Scholar of Entrepreneurial Strategy Process with BDO Innovation It is safe to say that there is broad consensus from academia to practitioners that entrepreneurship has the potential to deliver much needed economic growth, job creation, and ultimately poverty reduction with a vital shift in the Gini coefficient. However, entrepreneurship, more […]

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10 tips to ensure your insurance claims are successful

Alexander Forbes Insurance (AFI) warns that some insurance claims may not be honoured because of elementary errors that policyholders can avoid. Gari Dombo, MD of AFI, says one of the most important steps when you take out an insurance policy is to ensure you understand the terms and conditions of your policy so that you […]

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Early thoughts on RDR

I’ve just had my first proper read of the RDR paper. The paper has a lot of detail in it – and a lot to think about. I haven’t met any real surprises (I don’t quite understand proposal Z) – credit to the FSB – in the last year they have gone out of their […]

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New Year Resolution #1 – stamp out bad debt for good

There’s nothing more satisfying than starting off a New Year with a little less financial pressure. Some think it’s impossible, but with wise spending habits, anyone can strive towards having financial freedom. “Too many South Africans live on credit, spending more than they earn. Unfortunately this lifestyle is unsustainable, sooner or later this habit catches […]

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Subdued inflation will keep rates on hold

By Nazmeera Moola, economist and strategist, Investec Asset Management October’s annual consumer price inflation (CPI) rate of 5.9% is very much in line with expectations and should reassure the market that underlying inflation is reasonably contained. The South African Reserve Bank (SARB) will therefore, in all likelihood, keep interest rates on hold tomorrow. Interestingly, going […]

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Passing the baton

By Tristan Hanson, head of asset Allocation at Ashburton Investments ( @AshburtonInvest) The unexpected announcement on 31st October by the Bank of Japan (BoJ) to increase its Quantitative Easing (QE) program could not have been timed better, coming less than 48 hours after the Federal Reserve concluded their QE program. A week later, ECB President […]

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