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Sanlam teams up with Avocado Vision to improve financial literacy

Cape Town: Sanlam, through its Foundation has partnered with leading skills training provider Avocado Vision to empower communities countrywide with basic financial skills and insight to enable them to make better financial choices and encourage savings. The pilot project of the ‘Money fo Sho’ ...
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Mediation increasingly preferred over litigation

Mediation will be introduced as a preferred alternative to litigation in South African Magistrates’ Courts from August 1 this year, when amendments to the rules regulating the conduct of proceedings of South African Magistrates’ Courts come into effect. The revised rules under the Rules ...
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South Africans need an internal locus of control

Glacier by Sanlam and TIME magazine hosted another of their thought-leadership forums, [THE INSIDERS], at the JSE on 10 April. The panel - which comprised John Mauldin, chairman of Mauldin Economics and New York Times best-selling author; political commentator Justice Malala and MonteGray ...
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How can you prepare your clients for a possible turn in the interest rate cycle?

Consumers have had significant relief over the past few years with interest rates being close to their lowest levels in almost 40 years. However, with the first 0. 5% increase in interest rates behind us and an expectation of further interest rate hikes to come, it is important for investors to position ...
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Directors personally liable for unpaid pension contributions and other changes

By Michelle David, Director Norton Rose Fulbright South Africa Pension Funds need to ensure that they comply with their new obligations because the Financial Services Laws General Amendment Act came in to operation on 28 February 2014. All the amendments to the Pension Funds Act with the exception ...
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From The Glossary »

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Cash Loss:

A provision in a proportional treaty which allows the ceding company to make a call on its reinsurer’s for payment of a loss, which exceeds a predetermined amount, in advance of the normal account date (usually quarterly).
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