Equity valuations remain attractive but expect volatility

Although the global macro-economic backdrop remains uncertain, historically low interest rates will fuel investors’ search for yield and cause assets deemed risky to continue performing well, but with high levels of volatility. Commenting in his economic report for the third quarter of 2011, Francois van der Merwe, Head of Macro Research at Novare Investments, said: […]

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Outlawing gap cover won’t aid schemes or members

Draft legislation released recently by National Treasury will, if implemented, outlaw gap cover and mostly likely lead to a simple loss of benefits for members, without helping medical schemes. This is according to Ken Schumann, Consulting Actuary at Old Mutual Corporate. Schumann explains that the legislation to ban gap cover is intended to promote cross-subsidisation […]

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Annual motor valuation may reduce insurance premiums

Many consumers may unknowingly be paying more than they should for their motor vehicle insurance – often one of their biggest short-term insurance payments – due to a failure to assess the value of their motor vehicle when it comes time for annual motor insurance policy renewals. This is according to Christelle Fourie, Managing Director […]

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Unit trust industry celebrates R1trn under management

Assets managed by the local Collective Investment Schemes (CIS) industry exceeded the R1-trillion mark for the first time during the first quarter of this year. Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), says despite experiencing a particularly weak quarter in terms of net inflows, the industry managed to […]

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How best to invest in property for retirement

Choosing to invest in property in order to fund retirement continues to be a prevalent decision in South Africa, but one that requires serious consideration and groundwork. According to Ricardo Teixeira, strategy consultant at acsis, how retirees choose to invest in property is crucial in determining the rewards that can be reaped, as well in […]

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Local asset manager wary of biting into Apple

While some US analysts are predicting that Apple stock would push past the $1,000 per share barrier in the next twelve months, making it the first $1 trillion company, value based asset manager RE:CM says the more “boring” technology companies such as Dell, Microsoft and Intel offer a more sensible prospect for investors. According to […]

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South Africa’s strong corporate governance bodes well for an expected rise in shareholder activism

The new Companies Act (Act 71 of 2008) is widely expected to usher in a new era of shareholder activism. The new Act, which came into effect on 1 May 2011, for instance, makes it possible for minorities to call an annual general meeting with the support of only 10% of the issued shares. The […]

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Fight flu at work the old fashioned way this winter

With the scientific community still undecided on the effectiveness of flu vaccines, Dr. Lerato Motshudi of Alexander Forbes Health says there are other, proven, ways to reduce the transmission of influenza in the workplace this winter. There is equally as much evidence supporting the efficacy of flu vaccines in reducing the incidence and complications of […]

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Many financial intermediaries yet to pass Regulatory Exams

Latest statistics from the Financial Services Board (FSB) reveal that a shocking 51,34% of key individuals and 61,53% of representatives are yet to pass the Regulatory Exams. With just 10 weeks to go until the 30th June 2012 deadline, and confirmation from the FSB that there will be no further extension to the deadline, the […]

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2012 is a challenging year

Local economic update: April 2012 By Tendani Mantshimuli, consumer economist, Liberty Life South Africa’s economy grew by 3% last year and is expected to grow by 2.8% this year. South Africa being a small and quite open economy is prone to the fortunes of the global economy. For now the turmoil in the global market […]

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