Beplanning onderwerpe
“Everyone is scared. If you’re scared, say so... We’ll make a plan.”These are the immortal words of Springboks forward Pieter-Steph du Toit during halftime of the Springboks’ epic Rugby World Cup quarter-final against England last year.It was featured in the episode four of the Springboks’ fly-on-…
By Christo de WitWith the fourth bitcoin halving just weeks away, crypto investors are looking to previous halvings to consider how it could affect the price.Every four years, the rate at which new bitcoins are released into circulation gets slashed by half. It's part of a mechanism to prevent the…
Discovery Life has announced that it paid claims to the value of R8.4 billion across both Group Risk and Individual Life policies in 2023.According to the company, it paid R6.45 billion in claims for individual life policies. This consisted of 8,912 unique claims, which included R3 billion in death…
THE internet and social media have created the ideal conditions for a huge increase in false information and conspiracy theories. The terms “fake news”, “false information”, “misinformation”, and “disinformation” sound similar, but each has a different meaning. All of them can cause severe harm…
By Sanan PillayTHE proliferation of private credit is a positive development for South Africa, as it potentially fuels more growth activity and drives critical capital injections into impact and alternative investments like infrastructure. Globally, private credit has seen explosive growth to over…
THERE are currently 54 African-born billionaires in the world, including one of the world’s richest, Elon Musk, but only 21 of them still live on the continent, according to the 2024 Africa Wealth Report.The report said most of these high-net-worth individuals (HNWIs) had relocated to the UK, the…
By Thabo TwaloWith all the admin, decision-making and logistics involved with running a successful business, aspects like risk management may fall by the wayside. Short-term insurance can become an ‘out of sight, out of mind,’ factor, particularly given that it makes provision for what could happen…
The government is on a mission to reverse South Africa’s greylisting in the international financial services sector, and consumers of financial services are likely to be on the receiving end of tightened compliance. Among the areas under the spotlight are compliance with the Financial Intelligence…
JUST SA’s weekly jargon buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look at the letter: MMMinimum payment periodAlso called a…
All trustees are the guardians of the trust assets and have a duty to manage these assets in the best interests of the beneficiaries, as outlined in the trust deed. The Trust Property Control Act (“the Act”) clearly stipulates the duties of trustees. Section 9(1) of the Act states that a trustee…
By Pearl CeleACCESS to credit can unlock many opportunities like starting a side hustle, renovating your home, or even furthering your studies. However, the cost of credit continues to go up due to the high interest rates. In this tough economy, consumers are advised to equip themselves with the…
FSCA’s Consumer Advisory Panel starts its workThe Financial Sector Conduct Authority (FSCA) has announced that its newly established Consumer Advisory Panel has officially commenced its work, setting its key strategic objectives for the financial year starting on April 1, 2024. The panel was…
As insurance businesses move from old tech to newer digital systems and products, they could be opening themselves up to security risks. Insurtech companies should be implementing strict, multi-level security systems to prevent the sensitive personal data their clients share with them from falling…
By: Thabiso Rulashe Climate change-induced extreme weather events have remained elevated across the globe in the last decade, proving disruptive to both economic and social activities. According to the global reinsurance broker, Aon, the 2023 economic losses due to natural catastrophes was 22%…
The first recorded battle, famous gunfighter’s last duel, Great Train Robbers locked up, rapper wins literary prize1457BC The Battle of Megiddo (in northern Galilee) between Pharaoh Thutmose III and a Canaanite coalition is the first battle to have been recorded in relatively reliable detail.1178BC…
By Glenn HicklingEconomic hardships often push individuals toward desperate measures. In tough times, fraudulent behaviour becomes even more tempting. Falsifying death certificates for funeral policy claims or withholding crucial health information during application processes are just some…
By Lise-Mari CraffordPeople across the world are living longer, with economists forecasting that living to 120 is now an imaginable concept within the next decade.“This has significant implications for retirement planning, especially given the financial and lifestyle changes associated with this…
By: Brett MackayInstead of cashing out all your retirement savings in a lump sum, living annuities allow you to draw down a monthly income, which protects your capital and allows the bulk of your money to keep growing over the long term.As retirement approaches, many investors are faced with a…
The Financial Sector Conduct Authority (FSCA) warns the public against doing any financial services related business with a group of individuals that are impersonating Fairtree Asset Management, a legitimate Financial Services Provider (FSP number 25917), with the intention of defrauding…
By: Farida AhmedThere has been a rapid recent rise in awareness of the Environmental, Social, and Governance (ESG) effects of business and investment decisions. The World Economic Forum has even projected that the global sustainable investment market will reach $53 trillion by 2025.This is part of…