http://www.insurancegateway.co.za/LifeConsumers/PressRoom/PressItems/ Insurance Gateway: Life Press Room RSS Feed. Thu, 24 May 2012 10:03:15 +0200 Thu, 24 May 2012 10:03:15 +0200 en-za 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Constitutional Development and other stakeholders as it has been of the view that the existing Attorneys Act of 1979 is outdated and needs to be replaced with new legislation that unites the legal profession, complies with the Constitution, the Competition Act and transformation imperatives. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5098&URL=Law+Society+welcomes+legal+practice+bill Tue, 22 May 2012 11:18:58 +0200 By Clive Hill, Estate Planning Specialist, Glacier by Sanlam Trusts are commonly used to freeze the value of assets, so that when the person who transferred them to the trust dies, they wont form part of his/her deceased estate. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5092&URL=Reasons+to+set+up+a+trust+even+if+we+had+no+estate+duty+1 Tue, 22 May 2012 07:55:45 +0200 Important changes to a persons Last Will Testament need to be dealt with on a regular basis in order to give effect to a persons latest wishes. Circumstantial changes happen all the time, says David Nathan, a senior partner at Grant Thornton Johannesburg. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5090&URL=Careful+planning+of+your+Last+Will++Testament+today+secures+your+wishes+for+tomorrow Mon, 21 May 2012 12:02:39 +0200 Financial adviser Phillip Kassel looks at how you can take back control of your life if you are unable to work either due to retrenchment or illness. Life is at its best when you feel valued, cherished, stimulated, challenged and doing something worthwhile this usually means that you are employed and earning an income. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5088&URL=Taking+back+control+if+you+are+unable+to+work+due+to+retrenchment+or+illness+1 Sun, 20 May 2012 20:22:52 +0200 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. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5084&URL=Taking+back+control+Are+we+working+ourselves+to+death+1 Sun, 20 May 2012 18:22:38 +0200 COSATU has reacted to new proposed amendments to the Labour Relations Act (LRA), particularly pertaining to laws regarding strikes and picketing, with national outcry. Furthermore, other proposed amendments regarding the locations of strikes could directly intrude on third party property rights. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5083&URL=COSATU+protesting+proposed+changes+to+Labour+Legislation+some+amendments+likely+to+be+scrapped+says+ENS Sun, 20 May 2012 18:11:57 +0200 JOHANNESBURG - Vodacom has received the go-ahead to enter the South African insurance market having been recently awarded a long term insurance licence by the Financial Services Board (FSB). This licence, along with the short term licence granted earlier this year, allows Vodacom to underwrite and sell insurance products. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5080&URL=Vodacom+granted+short+and+long+term+insurance+licences Wed, 16 May 2012 15:36:09 +0200 The proposed amendments to the Labour Relations Act (LRA) and the Basic Conditions of Employment Act (BCEA) are causing new controversy, due to potential implications both for employers and employees. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5078&URL=Proposed+amendments+to+Labour+Legislation+causing+concern+for+local+employers+2 Wed, 16 May 2012 10:23:47 +0200 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. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5074&URL=More+SA+professionals+considering+emigrating++survey Tue, 15 May 2012 11:32:44 +0200 Dr David Hillson FIRM, HonFAPM, PMI Fellow People sometimes ask how we should define strategic risk. Fortunately this simple question has a simple answer. But answering this question can also help us to define any other type of risk. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5059&URL=Defining+different+types+of+risk+1 Fri, 11 May 2012 12:07:03 +0200 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. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5057&URL=Economy+growing+but+challenges+remain Fri, 11 May 2012 09:30:10 +0200 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. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5054&URL=Project+management+is+no+popularity+contest Wed, 09 May 2012 17:13:40 +0200 The South African Insurance Association (SAIA) has announced that it has made its submission to the National Treasury with regards to the proposed Demarcation Regulations demarcating between Health Insurance Policies and Medical Schemes. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5053&URL=SAIA+comments+on+the+impact+of+health+insurance+proposals+on+consumers Wed, 09 May 2012 12:56:31 +0200 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. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5045&URL=From+the+dark+ages+to+enlightened+reporting+1 Tue, 08 May 2012 11:00:03 +0200 Hannover: Hannover Re expressed considerable satisfaction with its results for the first quarter of 2012. We generated exceptionally good Group net income of EUR 261 million in the first three months of the year and have thus put in place a solid platform for a successful 2012 financial year, Chief Executive Officer Ulrich Wallin commented. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5043&URL=Hannover+Re+reports+sharply+higher+premium+income+and+profitability Thu, 03 May 2012 18:25:51 +0200 The Financial Intermediaries Association of Southern Africa (FIA) has expressed dismay over the draft Demarcation regulations proposed by the Treasury highlighting the fact that by putting an end to various types of health insurance plans (both short-term and long-term) many consumers are likely to end up being out of pocket. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5035&URL=FIA+expresses+dismay+at+draft+Health+Insurance+demarcation+regulations+1 Wed, 02 May 2012 17:19:52 +0200 We have received for publication the evidently very well thought out and balanced submission by Alexander Forbes Health, to National Treasury, concerning the proposed regulations for the demarcation of Health Insurance Products and Medical Schemes, which has been published in the Knowledge Base on Insurance Gateway, in the Short-term, Healthcare and Life Gateways. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5034&URL=Alexander+Forbes+commentary+on+the+proposed+regulations+for+the+demarcation+of+Health+Insurance+Products+and+Medical+Schemes+1 Tue, 01 May 2012 11:27:42 +0200 Draft legislation released recently by National Treasury will, if implemented, outlaw gap cover and mostly likely lead to a simple loss of benefits for members, without helping medical schemes. This is according to Ken Schumann, Consulting Actuary at Old Mutual Corporate. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5025&URL=Outlawing+gap+cover+wont+aid+medical+schemes+or+members+says+Old+Mutual Thu, 26 Apr 2012 12:45:03 +0200 Alexander Forbes Health supports the need for a clear demarcation between accident and health insurance policies and medical schemes in order to protect the principles of community rating, open enrolment and cross-subsidisation entrenched in the Medical Schemes Act. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5019&URL=Alexander+Forbes+proposes+inclusion+of+gap+cover+in+amendments+to+Shortterm+Insurance+Act Tue, 24 Apr 2012 16:12:06 +0200 Brian van Flymen President of the FIA One of the most anticipated and prestigious events of the financial services industrys calendar, the Financial Intermediaries Association of Southern Africa (FIA) Awards Banquet, is to be hosted on the 7th of June 2012 at the Sandton Convention Centre in Johannesburg. http://www.insurancegateway.co.za/LifeConsumers/PressRoom/ViewPress/Irn=5018&URL=Intermediaries+gear+up+for+annual+industry+awards+1 Tue, 24 Apr 2012 11:40:59 +0200