Law Society welcomes legal practice billPublished: Tue, 22 May 12 The Law Society of South Africa (LSSA) welcomes the publication of the long-awaited Legal Practice Bill. ‘This Bill has been in the making for more than a decade, and throughout that process, the LSSA has been cooperating with the Department of Justice and Constitutional Development and other stakeholders as ...
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Global active fund managers struggle in 2010 & 2011Published: Sun, 20 May 12 Since the start of the credit crisis in 2008 companies and governments have faced unprecedented economic challenges and elevated volatility across global markets. Research increasingly indicates active fund managers are struggling to outperform their benchmarks raising doubts as to whether active fund managers can ...
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Taking back control: Are we working ourselves to death?Published: Sun, 20 May 12 By Phillip Kassel, Financial Adviser, Liberty Life
Former engineer and American academic Sing Lin argues that working past the age of 55 will kill you more quickly. His conclusion is that for every year one works beyond age 55, one loses 2 years of life span on average.
In his paper Optimum Strategies ...
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Alarm over ‘head in the sand’ attitude to pensions in South AfricaPublished: Wed, 16 May 12 Only 14 per cent of 40-60 years olds in South Africa feel confident that they will be financially secure in retirement, a new study by the deVere Group, South Africa, has found.
The online survey, conducted locally by a third party in April 2012, showed that alarmingly, only 15 per cent of this age bracket, ...
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When not to heed the headlinesPublished: Wed, 16 May 12 David Crosoer, Head of Research at PPS Investments
Concerns about the strength of the global recovery have dominated markets over the past year, with renewed worries about the sustainability of the US economic recovery and the sensitivity of China to a European recession leaving investors uncertain. However, ...
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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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Employee benefits to encourage savingsPublished: Tue, 15 May 12 While details around Government’s retirement reform initiative have yet to be finalised, it appears that the debate around the issue is resulting in an increased focus among employers and employees on the need to save for retirement.
That is the view of Hugh Hacking, Head of Retirement Fund Solutions ...
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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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Economy growing, but challenges remainPublished: Fri, 11 May 12 By Tendani Mantshimuli, consumer economist, Liberty Life
Economic data for the first two months of the year indicate that the South African economy continues to grow, although not as robustly as we would wish it to be.
Manufacturing: stronger but not necessarily sustainable
Manufacturing output, ...
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Alexander Forbes leads national survey of consulting and actuarial firmsPublished: Fri, 11 May 12 In a random national sample of 150 principal officers, chairmen, trustees and senior managers representing retirement funds of listed and large consulting and actuarial Firms, Alexander Forbes led the pack.
Telephonic interviews conducted by PMR. africa between December and February 2012 using semi-structured ...
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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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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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Using surveys to understand investment performance outcomesPublished: Thu, 03 May 12 Tracking and reading market dynamics correctly helps trustees and investment consultants understand performance outcomes. Getting a view of market dynamics, however, means consistent tracking over time. For many years Alexander Forbes has produced surveys to help its managers and advisors accurately track trends and ...
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Unit trust industry celebrates R1-trillion in assets under managementPublished: Thu, 26 Apr 12 Assets managed by the local Collective Investment Schemes (CIS) industry exceeded the R1-trillion mark for the first time during the first quarter of this year.
Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA), says despite experiencing a particularly weak quarter ...
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