http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/PressItems/ Insurance Gateway: Retirement Press Room RSS Feed. Sun, 19 May 2013 02:46:24 +0200 Sun, 19 May 2013 02:46:24 +0200 en-za By Peter Atkinson, National Technical Portfolio Manager Financial Intermediaries Association of Southern Africa 16 May 2013: Most people view retirement savings as the ultimate goal of their wealth accumulation activities, with savings for expenses such as school fees, holidays and medical bills being necessary sidelines in the broader picture. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6554&URL=Broad+principles+of+retirement+savings Thu, 16 May 2013 21:28:16 +0200 The Law Society of South Africa (LSSA) expresses its concern at the recent tone of the questioning of the Office of the Public Protector by members of the Portfolio Committee on Justice and Constitutional Development. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6545&URL=Law+Society+concerned+at+Parliamentarians+inappropriate+questioning+of+Public+Protector Wed, 15 May 2013 18:40:48 +0200 A new global award to recognise excellence in responsible investment reporting has shortlisted the Government Employees Pension Fund (GEPF) for best responsible investment report by a large pension fund. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6542&URL=Government+Employees+Pension+Fund+nominated+for+global+responsible+investment+award+1 Wed, 15 May 2013 15:55:57 +0200 Improvements in the provision of healthcare available to many South Africans have led to an increase in the life expectancy for the average citizen in recent years. However, this reality also means that people need to save far more for their retirement than ever before. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6540&URL=Longer+life+spans+in+SA+present+a+challenge+for+retirement Wed, 15 May 2013 15:33:15 +0200 The Financial Services Board (FSB) is disappointed with the sentence handed down to Mr J Arthur Brown by the Western Cape High Court today. The FSB believes that the fine of R150 000. 00 or 36 months in prison does not acknowledge the extent of the damage caused by Mr Browns actions. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6537&URL=FSB+reacts+to+Arthur+Brown+sentence Wed, 15 May 2013 15:11:06 +0200 Last weeks Word Economic Forum in Cape Town saw leaders from government and business championing the cause of African growth and regional integration. This torch has been taken up by the worlds largest independent international financial consultancy group, the deVere Group, who have targeted Africa for growth. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6533&URL=Leading+Independent+Financial+Advisor+targets+Africa+for+Growth Mon, 13 May 2013 16:30:26 +0200 The 23rd World Economic Forum (WEF) on Africa, currently underway in Cape Town, calls for Africa to live up to its true potential. Under the theme Delivering on Africas Promise the gathering provides an important platform for regional and global leaders to deepen the continents integration agenda and renew its commitment to a sustainable path of growth and development. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6529&URL=How+South+Africa+is+delivering+on+Africas+Promise+in+the+financial+services+sector+1 Sat, 11 May 2013 08:40:56 +0200 Women represent less than 25 per cent of the retirement planning sector in South Africa, according to the results of a new study on behalf of the deVere Group, South Africa. The online survey, conducted locally via a third party in April 2013, showed that more than half of those women surveyed communicate with their financial advisor only once a year, with nearly a quarter never communicating with them. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6512&URL=Survey+shows+women+in+South+Africa+not+planning+for+retirement Tue, 07 May 2013 20:37:58 +0200 Cyber security has moved beyond the IT department to impact governments, enterprises and individuals on a massive scale. Cyber security today is a war zone. This emerged at the opening of the 8th annual ITWeb IT Security Summit at the Sandton Convention Centre this morning. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6508&URL=Cyber+security+its+a+war+zone+2 Tue, 07 May 2013 18:17:07 +0200 Dr David Hillson FIRM, HonFAPM, PMI Fellow Since July 2003 the Risk Doctor brand has built a strong global reputation for excellence in risk management support, blending leading-edge thinking with expert practical application. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6507&URL=Congratulations+to+Risk+Doctor+and+Partners+who+celebrate+their+tenth+anniversary+this+year+1 Mon, 06 May 2013 18:29:50 +0200 This document reflects Africas vision for itself a vision of transformation that is achievable, said Donald Kaberuka TUNIS, Tunisia, April 30, 2013/ -- The economic transformation of the African continent is the cornerstone of the African Development Bank Groups new Ten-Year (2013-2022) Strategy (http://www. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6501&URL=African+Development+Bank+Group+approves+a+new+TenYear+Strategy Mon, 06 May 2013 13:48:14 +0200 Cost-shy consumers are cutting themselves out of a fortune and are encouraged to do so by a legislative and media environment focused on fees not outcomes. To maximise their financial wellbeing, a major attitudinal shift is required by the average consumer. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6483&URL=Call+for+a+Radical+rethink+on+financial+planning Tue, 30 Apr 2013 16:30:47 +0200 South Africans are far better spenders than they are savers and investing towards a financially sound retirement is generally at the bottom of their list of priorities. Niel Fourie, Public Policy Actuary at the Actuarial Society of South Africa, says this has prompted Government to look at new measures to get the nation to save for its retirement and to preserve retirement benefits when leaving an employers pension or provident fund. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6482&URL=Tough+love+proposals+to+help+you+fund+your+retirement Tue, 30 Apr 2013 15:46:09 +0200 JOHANNESBURG: The Youth Employment Accord is a multi-billion Rand pact undertaken by public and private entities to create employment and training opportunities for inexperienced job seekers. Liberty, along with other companies, pledged its support for this initiative at the signing ceremony held on the 18th April. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6481&URL=Liberty+pledges+its+commitment+to+tackling+youth+unemployment Tue, 30 Apr 2013 15:40:36 +0200 By Terry Booysen, Chief Executive Officer CGF Research Institute (Pty) Ltd As a part of our freedom struggle, many South Africans and indeed a great number of international supporters fought against apartheid and its de-humanising approach which was imposed on all non-white people of South Africa -- classified as Bantu (black), coloured (mixed), or Indian -- by the previous Nationalist party government. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6479&URL=Secrecy+Bill+Could+this+article+become+outlawed+1 Mon, 29 Apr 2013 17:27:58 +0200 The long-standing dominance of financial intermediaries in the distribution of financial products has been challenged by the emergence of product providers that are marketing directly to the consumer. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6469&URL=Sound+financial+advice+crucial+to+protect+consumers+1 Thu, 25 Apr 2013 20:54:43 +0200 London In-force group risk premiums in the UK rose by 9. 7% in 2012, confirming the turn-around in the market seen in 2011. There were some increases in rates, but also in the overall numbers of lives and schemes covered. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6462&URL=Swiss+Re39s+Group+Watch+2013+finds+very+strong+growth+in+the+UK+Employee+Benefits+sector+1 Wed, 24 Apr 2013 20:15:16 +0200 Worldwide the financial services industry is grappling with the severe stresses of a challenging economy, low interest rates, changing regulation, technological developments, and pressure on reducing pay, according to a report issued today by professional services firm PwC. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6460&URL=Financial+services+organisations+still+face+difficult+challenges+ahead+says+PwC Tue, 23 Apr 2013 13:55:46 +0200 Too few companies are so far taking advantage of the JSE dispensation on newspaper advertising. They should be giving it more thought, not merely for the sake of compliance but mainly for promoting the stakeholder inclusivity that theyre supposed to support. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6452&URL=JSE+listed+entities+and+financial+notices+1 Tue, 23 Apr 2013 08:24:10 +0200 Article by Rochelle Maritz and CGF Research Historically, our past apartheid regime has created a challenging future for the citizens of democratic South Africa. Whilst there has been steady progress toward a more inclusive and balanced society, theres still plenty work ahead. http://www.insurancegateway.co.za/RetirementConsumers/PressRoom/ViewPress/Irn=6455&URL=Getting+CSI+right+Good+news+for+South+Africa Tue, 23 Apr 2013 08:23:19 +0200