Is your arrangement with your domestic worker legal?Published: Fri, 16 Mar 12 The latest national census is expected to confirm that there are approximately 900 000 domestic workers in South Africa. Department of Labour legislation is clear that domestics working for more than 24 hours per month require a formal contract with their employers, should be registered with the Unemployment Insurance ...
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Fighting corruption to achieve the Millennium Development Goals (MDGS)Published: Thu, 15 Mar 12 Terry Booysen
CEO: CGF Research Institute (Pty) Ltd
Crime experts, economists and NGOs were recently not surprised that an estimated R30 billion was being lost annually by South African taxpayers due to graft, incompetence and negligence in the public service. Corruption is fast becoming pervasive ...
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Healthy life industry attracts strong new premium incomePublished: Tue, 13 Mar 12 The South African life insurance industry held record assets of R1. 45-trillion at the end of 2011, an increase of 13% from the R1. 28-trillion held at the end of 2010.
Releasing the 2011 sales statistics for the South African long-term insurance industry, Peter Dempsey, deputy CEO of the Association for Savings ...
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‘Heads-up’ for directors in the cloudPublished: Tue, 13 Mar 12 Terry Booysen
CEO: CGF Research Institute (Pty) Ltd
There’s much that can be said about the manner in which members of a board are ‘wired’, and it does not take much to recognise those directors who embrace technology and those who don’t. Interestingly, as technology races ...
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SA actuary achieves international milestone in risk managementPublished: Mon, 12 Mar 12 South Africa has produced the world’s 1 000th actuary to formally qualify as a Chartered Enterprise Risk Actuary (CERA). Actuaries with this internationally recognised qualification have the sought after skill to devise and implement effective risk management strategies across organisations.
According ...
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What causes emerging risks?Published: Mon, 12 Mar 12 Dr David Hillson FIRM, HonFAPM, PMI Fellow
One of the biggest challenges for the world is how to prepare for emerging risks. These are new and previously unknown risks, or familiar risks that appear in new ways. After all, how can you predict or prepare for something that you have not seen before ...
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From redistribution to wealth creationPublished: Tue, 06 Mar 12
Jac Laubscher Group Economist
Sanlam
It is generally accepted that the state has a role to play in the distribution of income in order to promote social stability, or to ensure a more equitable society. What is regarded as equitable ...
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How much risk cover is enough?Published: Tue, 06 Mar 12 By: Nicholas Van der Nest: Divisional Director - Risk Products, Liberty Retail SA
Your financial plan needs to ensure that you are covered for unexpected events that could leave you and your family financially crippled. How do you determine how much cover will be enough should the unthinkable happen?
There ...
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MMI puts solid platform in place for future growthPublished: Tue, 06 Mar 12 MMI Holdings Limited (MMI), the diversified financial services group that includes Metropolitan and Momentum, today released a solid set of half-year results to December 2011, with core headline earnings increasing by 4% to R1 294 million as compared to the previous half-year to December 2010, under tough operating ...
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Beneficiary fund industry lobbies for majority age exemptionPublished: Tue, 28 Feb 12 A key player in the beneficiary fund industry has called on government to reverse the age of majority from 18 back to 21 as an exemption for this fast-growing financial services sector. The age of majority was changed to 18 by the Children’s Act of 2007.
Talking at a conference of the Pensions Lawyers ...
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Budget Speech Commentary 2012Published: Thu, 23 Feb 12 By: Rowan Burger, Head of Investments Strategy from Liberty Retail SA
As expected, there was not a great deal impacting directly on retirement savings, with certain minor exceptions which are discussed below, in this budget speech. However there are a number of cues which give us a sense of the continuation ...
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