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Are your kids wrecking your retirement planning?

How long should you financially support your children and when do you start looking out for your own future and that of your spouse? It’s a tough question and many couples duck it, with a good chance of wrecking any hope of adequate retirement provision, says a financial planner often consulted ...
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A relook at Retirement Annuities: how do they compare?

By Hugo Malherbe, Product Specialist: PPS Investments We all know how important it is to save towards a secure retirement, and for many investors the retirement annuity (RA) remains the savings vehicle of choice when doing so. It is therefore important not only that investors ensure they are saving ...
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POPI takes its first steps

By Desiree Reddy, Associate Norton Rose Fulbright South Africa After much anticipation, an important milestone in the road to commencement of the Protection of Personal Information Act, 2013 (POPI), has been reached. From 11 April 2014, the following sections of POPI are operational: Section ...
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Pension Fund Adjudicator orders Chemical Industries National Provident Fund to deal with disability benefit claiim

Yet another complaint received by the Pension Funds Adjudicator Ms Muvhango Lukhaimane highlights the need for employees to ensure they are registered with a provident fund even though they may be paying provident fund contributions. A complainant who attempted to claim a disability benefit found out ...
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Employee wellness is a bottom line business issue

Article by Dr Dicky Els and George Marx CGF Research Institute (Pty) Ltd The healthcare of South Africans in the workplace should be one of the top priorities of employers; but evidence across many industries reflects a dire situation which suggests employers do not have employee’s ...
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From The Glossary »

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Target Risk Clause:

A clause within a reinsurance contract which excludes cessions on nominated major risks such as: _ Certain high value risks, for example bridges, tunnels, art collections, which produce very large capacity problems in the insurance market. _ Large hazardous risks on which insurance is difficult to place.
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