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FSPhub is launchedPublished: Tue, 15 May 12 Julius Strydom, CEO of HubIT (Pty) Ltd has informed us that they are embarking on a major rebranding exercise.
HubIT is now trading as eFFiciency Hub, which they believe more accurately describes what they are about - online systems which focus primarily on enabling the users of the system to do ...
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More SA professionals considering emigrating - surveyPublished: Tue, 15 May 12 Rising concern over issues such as crime, healthcare and education are leading more graduate professionals in South Africa to consider emigrating, according to the latest results from the PPS Graduate Professionals Confidence Index.
The quarterly survey, which tracks the confidence levels of nearly 6 000 of ...
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The four seasons of asthmaPublished: Tue, 15 May 12 Approximately 75% of people with asthma also suffer from allergies. Just as allergies may increase during seasonal change, so too can the occurrence of asthma attacks.
"There are a number of triggers which if avoided can reduce the risk of developing an asthma attack. It is important that members with ...
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Medical schemes can contribute to realisation of primary healthcare visionPublished: Mon, 14 May 12 The renewed emphasis on Primary Healthcare (PHC) in South Africa as one of the solutions to reducing the huge burden of disease in the country, could, at the same time, make healthcare more accessible to a larger number of people as well as drive down costs across the value chain.
According to Liberty Medical ...
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Netcare takes three Metropolitan Oliver Empowerment AwardsPublished: Mon, 14 May 12 Private hospital group once again demonstrates tangible transformation achievements
Netcare walked away with no fewer than three awards at the 11th Annual Metropolitan Oliver Empowerment Awards. South Africa’s largest private healthcare services provider was awarded the Supply Chain, Community Development ...
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Defining different types of riskPublished: Fri, 11 May 12
Dr David Hillson FIRM, HonFAPM, PMI Fellow
People sometimes ask how we should define "strategic risk". First let's consider "strategic risk":
One basic definition of risk is "uncertainty ...
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Pro Sano’s health improvesPublished: Fri, 11 May 12 The Medical Scheme industry has in recent times faced a series of challenges including regulatory, structural and cost versus benefit balancing, among others. Against this backdrop, Cape Town based Pro Sano Medical Scheme has drawn lessons from its curatorship, which was lifted in October 2010. However, since taking ...
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Project management is no popularity contestPublished: Wed, 09 May 12 Observing the decision-makers who select an enterprise resource planning (ERP) solution is something of a study of the human condition. From the highs of imagined benefits and anticipated advantages, to the lows of failed expectations and ballooning costs, all the emotions of life can play out. That’s because ...
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SAIA comments on the impact of health insurance proposals on consumersPublished: Wed, 09 May 12 The South African Insurance Association (SAIA) has announced that it has made its submission to the National Treasury with regards to the proposed Demarcation Regulations demarcating between Health Insurance Policies and Medical Schemes.
The SAIA, an industry body representing 59 member companies in the short-term ...
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From the dark ages to enlightened reportingPublished: Tue, 08 May 12 By Terry Booysen
CEO: CGF Research Institute (Pty) Ltd
Modern day company reporting finds its roots as far back as 7500 BC, which is when we believe the first rudimentary form of accounting records and tokens may have been used to track certain business activities. Of course, there are more accurate ...
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Hannover Re reports sharply higher premium income and profitabilityPublished: Thu, 03 May 12 Hannover: Hannover Re expressed considerable satisfaction with its results for the first quarter of 2012. 'We generated exceptionally good Group net income of EUR 261 million in the first three months of the year and have thus put in place a solid platform for a successful 2012 financial year', Chief Executive ...
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FIA expresses dismay at draft Health Insurance demarcation regulationsPublished: Wed, 02 May 12 The Financial Intermediaries Association of Southern Africa (FIA) has expressed dismay over the draft Demarcation regulations proposed by the Treasury highlighting the fact that by putting an end to various types of health insurance plans (both short-term and long-term) many consumers are likely to end up being out ...
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Increase in demand for actuariesPublished: Tue, 01 May 12 Increasing legislative requirements could pose a further skills shortage risk
Demand for actuarial skills in South Africa is increasing at a rapid pace, particularly with new legislative compliance requiring a greater actuarial function in insurance companies. While the supply of graduate trainees is probably ...
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Pretium Services Compliance Update – April 2012Published: Tue, 01 May 12 The April 2012 Pretium Services Compliance Update has been published in the Insurance Gateway® Knowledge Base.
With a compliance flavour, these newsletters provide a succinct overview of happenings within the FAIS environment and being distilled as they are, are a must read for busy FSP executives who ...
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Masthead appoints new compliance headPublished: Thu, 26 Apr 12 CAPE TOWN – Masthead, South Africa’s largest support organisation for independent financial advisors, has appointed Elana Honiball as the company’s new head of compliance and she assumes the position from 1 May 2012.
Currently the Masthead Regional Compliance Manager in Durban, Honibal has ...
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Outlawing gap cover won’t aid medical schemes or members, says Old MutualPublished: Thu, 26 Apr 12 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 ...
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