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What is your number?Published: Wed, 15 May 13 The higher the level of risk, the higher the insurance premiums you will pay…
Did you know: Liberty was the first insurer in South Africa to introduce rapid testing as part of their underwriting process in July 2012? This practice was further entrenched with the introduction of rapid testing for cholesterol ... Read More » |
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FSB reacts to Arthur Brown sentencePublished: Wed, 15 May 13 The Financial Services Board (FSB) is disappointed with the sentence handed down to Mr J Arthur Brown by the Western Cape High Court today. The FSB believes that the fine of R150 000. 00 or 36 months in prison does not acknowledge the extent of the damage caused by Mr Brown’s actions. Mr Brown was convicted ... Read More » |
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Leading Independent Financial Advisor targets Africa for GrowthPublished: Mon, 13 May 13 Last week’s Word Economic Forum in Cape Town saw leaders from government and business championing the cause of African growth and regional integration. This torch has been taken up by the world's largest independent international financial consultancy group, the deVere Group, who have targeted Africa for ... Read More » |
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Stokvels and Burial Societies Exempt from LicensingPublished: Sat, 11 May 13 Board Notice 43 of 2013 exempts Stokvels and Burial Societies from being licensed. This obviously means that they no longer fall under the jurisdiction of the FSB. It is very specific about who is affected, and defines each of these entities in the Board Notice. If you are in doubt, kindly consult the BN for the definitions ... Read More » |
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Cyber security: it’s a war zonePublished: Tue, 07 May 13 Cyber security has moved beyond the IT department to impact governments, enterprises and individuals on a massive scale. Cyber security today is a war zone.
This emerged at the opening of the 8th annual ITWeb IT Security Summit at the Sandton Convention Centre this morning. Addressing over 600 local business ... Read More » |
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African Development Bank Group approves a new Ten-Year StrategyPublished: Mon, 06 May 13 “This document reflects Africa’s vision for itself – a vision of transformation that is achievable”, said Donald Kaberuka
TUNIS, Tunisia, April 30, 2013/ -- The economic transformation of the African continent is the cornerstone of the African Development Bank Group’s new Ten-Year ... Read More » |
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Solvency Assessment and Management (SAM) initiative - a little more timePublished: Fri, 03 May 13 By Gareth van Deventer
Background
Members of the Financial Services Board’s (FSB) SAM Steering Committee were invited to attend a spontaneous unscheduled SAM Steering Committee meeting which took place on 26 March 2013. The objective of the meeting was entirely devoted to discussing the FSB SAM 2013 Update ... Read More » |
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Liberty introduces first-to-market rapid testing for cholesterol screeningPublished: Thu, 02 May 13 Liberty was the first insurer in South Africa to use rapid testing to screen insurance applications for HIV and cotinine. Recently, Liberty introduced a rapid testing for cholesterol as well. Coupled with the finger prick HIV and urine Cotinine tests introduced last year, more than 80% of clients being screened by ... Read More » |
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Swiss Re delivers first-quarter Group net income of USD 1.4 billionPublished: Thu, 02 May 13 Zurich – Swiss Re reports a very strong Group net income of USD 1. 4 billion for the first quarter of 2013, 21% higher than the USD 1. 1 billion net income reported in the prior year period. Very strong underwriting performances across Swiss Re's Property & Casualty Reinsurance and Corporate Solutions ... Read More » |
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Call for a Radical rethink on financial planningPublished: Tue, 30 Apr 13 Cost-shy consumers are cutting themselves out of a fortune and are encouraged to do so by a legislative and media environment focused on fees not outcomes. To maximise their financial wellbeing, a major attitudinal shift is required by the average consumer. The call for a radical rethink on financial planning comes ... Read More » |
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Liberty pledges its commitment to tackling youth unemploymentPublished: Tue, 30 Apr 13 JOHANNESBURG: The Youth Employment Accord is a multi-billion Rand pact undertaken by public and private entities to create employment and training opportunities for inexperienced job seekers. Liberty, along with other companies, pledged its support for this initiative at the signing ceremony held on the 18th ... Read More » |
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Secrecy Bill: Could this article become outlawed?Published: Mon, 29 Apr 13 By Terry Booysen, Chief Executive Officer
CGF Research Institute (Pty) Ltd
As a part of our ‘freedom’ struggle, many South Africans and indeed a great number of international supporters fought against ‘apartheid’ and its de-humanising approach which was imposed on all non-white people ... Read More » |
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Sound financial advice crucial to protect consumersPublished: Thu, 25 Apr 13 The long-standing dominance of financial intermediaries in the distribution of financial products has been challenged by the emergence of product providers that are marketing directly to the consumer.
Although this incursion represents a small percentage of total industry sales it is nevertheless of concern ... Read More » |
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SA should follow UK example of compulsory financial literacy educationPublished: Tue, 23 Apr 13 The introduction of compulsory financial literacy education into the UK National Curriculum for school children from the age of 15 is a positive move towards improving the nation’s personal finance skills and should be considered for inclusion in the South African National Curriculum.
This is according ... Read More » |
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Getting CSI right: Good news for South AfricaPublished: Tue, 23 Apr 13 Article by Rochelle Maritz and CGF Research
Historically, our past ‘apartheid’ regime has created a challenging future for the citizens of democratic South Africa. Whilst there has been steady progress toward a more inclusive and balanced society, there’s still plenty work ahead. The impact ... Read More » |
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