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Sample RSS Feed: Press Room »

Below is a sample of the RSS Feed for the Healthcare Professionals Press Room.

Why I love FAIS

By Tamara Jacobsen: Director- Applied Learning Academy The provisions of the Financial Advisory and Intermediary Services Act, 2002 (FAIS) have been in place for more than a decade now. Financial advisors, ...
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The reality of medical aid late-joiner penalties

The law clearly states that late-joiners to medical schemes may be penalised, depending on proof of previous South African medical aid membership. Anyone who is 35 years or older will be eligible to pay a late-joiner ...
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CPD Revisited

A reader recently wrote: I provide training on behalf of a registered medical scheme to accredited brokers on medical scheme benefit options, underwriting and processes. I recently attended a broker training ...
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Eight of SA’s Top 20 hospitals are NHN members

Eight of South Africa’s Top 20 hospitals for patient care are members of the National Hospital Network (NHN). This is according to the latest Discovery Health Patient Survey Score (PaSS), which surveys adult ...
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ConCourt Judgement on medical schemes savings accounts

Following numerous enquiries for clarity on the implications of the recent Constitutional Court judgment regarding the correct accounting treatment of medical schemes members' personal savings accounts (MSA), ...
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Twin Peaks making grim progress

In the early days of “The Pill” the UCT rag magazine, Sax Appeal, reported on a new book by the Pope titled: “The pill’s grim progress. ” No doubt, the same scepticism accompanies ...
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A thriving organisational culture drives employee engagement

Article by Dr Dicky Els, Lead Independent Consultant and Jene Palmer, CFO at CGF Research Institute Culture shapes the wellness of individuals, businesses, communities and nations. Although ...
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New appointment CGF Research Institute: Lisa Willemse ready to tackle CIPC services

We are pleased to welcome Lisa Willemse as the newest member to join CGF’s team of Lead Independent Consultants. Lisa has acquired a wealth of business experience over the last 17 years in various industry ...
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Is There a Future for the External Compliance Practice?

By Associated Compliance (Pty) Ltd If the FAIS Act (section 17) hatched the ‘FAIS’ compliance officer, it follows that the forthcoming Conduct of Financial Institutions Act (CoFI) is likely to dispatch ...
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Can you really die from a broken heart?

Are increasing instances of broken heart syndrome, fact or fiction? Johannesburg: Also known as stress cardiomyopathy, the condition commonly referred to as ‘broken heart syndrome’ has increasingly ...
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FSB Issues Twin Peaks Newsletter: Issue 1 - The South African Perspective

The Financial Services Board has issued their first newsletter on the Financial Sector Regulation Bill, also referred to as Twin Peaks. This first edition includes an introduction, a 'big picture' ...
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Gap cover insurance is a must have for consumers

JOHANNESBURG: The need for gap cover insurance in South Africa is greater than ever because without it consumers can be out of pocket to the tune of hundreds of thousands of rands following medical treatment. Marco ...
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NHI promises equality of care

Implementing NHI will be an enormous task but promises equality of care for everyone Jill Larkan, Head: Healthcare Consulting at financial advisory firm GTC Whilst every South African will find it difficult ...
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Here’s why workplace diversity makes business sense

Companies that embrace workplace diversity and inclusion as a source of growth and innovation for their businesses will perform better than those that don’t and that applies as much to small businesses ...
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NHI: The possible future role of medical schemes

The future of medical schemes under NHI is still unclear, though the White Paper mentions they may have a 'complementary' function. What roles do schemes play globally in universal healthcare systems? See ...
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Financial Services Regulation in South Africa - Twin Peaks refresher

By Desiree Reddy and Sascha Graham Norton Rose Fulbright South Africa Inc. The Financial Sector Regulation Bill was passed by Parliament and sent to the President for assent on 22 June 2017. The Bill provides ...
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From The Glossary »


Modified Duration:

A value given to fixed-income instruments from which the change in the instrument's price can be approximately calculated. The higher the duration value, the greater the change in the instrument's price.
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