Advertise Here
Icon

Directory

IconAssociations and Institutes
IconBBBEE Consulting and Verification Agencies
IconBenefit Administrators & Investment Managers
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconEmployee Benefits Consultants
IconFinancial Planners
IconIndependent Principal Officer
IconIndependent Trustees
IconOmbud
IconPension Fund Trustee Liability Insurance
IconPension Fund Trustee Training
IconPension Funds Adjudicator
IconPublications
IconRegulatory Authorities
IconRetirement Advice
IconRetirement Funds registered by the FSB
IconRetirement Products
IconSocial Grants (Government)
IconTrust Establishment & Management
IconWellness Programs
Advertise Here
  Subscribe To »

Press Room

Press Archive »

To have and to hold a signed Will

Published: Wed, 08 Sep 21

National Wills Week will be held from 13 to 17 September 2021. This is an ideal opportunity to draft a Will or to review an existing Will. In recent times, we have come to realise that death can happen to anyone, at any time. Whether you’re young or old it is therefore important to ensure your affairs are ...
Read More »

Covid-19 Vaccine Distribution Risks and Insurance: Q&A with Allianz Specialists

Published: Tue, 07 Sep 21

As COVID-19 vaccine distribution rolls out across Africa and the world, insurers of the pharmaceutical industry are in a position to share their experience as to what constitutes a successful and safe distribution process. Allianz Global Corporate & Specialty (AGCS) is one insurer with such experience working ...
Read More »

CIS assets under management fast approaching the R3 trillion threshold

Published: Thu, 19 Aug 21

The local Collective Investment Schemes (CIS) industry reported net outflows of R18 billion for the second quarter of this year following the closure of South Africa’s biggest money market fund. Releasing the CIS industry statistics for the quarter and year ended June 2021, Sunette Mulder, senior policy advisor ...
Read More »

ASISA Media Statement: Green Paper on Comprehensive Social Security and Retirement Fund Reform

Published: Thu, 19 Aug 21

The Association for Savings and Investment South Africa (ASISA) has taken note of the Green Paper on Comprehensive Social Security and Retirement Reform published yesterday by the Minister of Social Development, Lindiwe Zulu, for comment by 10 December 2021. A Green Paper is a government policy discussion paper that ...
Read More »

National Treasury’s proposed “two-bucket system” a promising response to meet short and long-term financial needs

Published: Thu, 12 Aug 21

The Association for Savings and Investment South Africa (ASISA) and its members support meaningful changes to the current retirement system that are aimed at strengthening preservation of savings, while at the same time providing a manageable solution to emergency access to savings. Rosemary Lightbody, senior policy ...
Read More »

Rights and responsibilities under the data privacy laws

Published: Wed, 11 Aug 21

Over the years, data privacy and protecting personal information has become increasingly important, both from a business and client perspective. The Protection of Personal Information Act 4 of 2013 (POPI) was gazetted in South Africa in 2014 with the intention to protect your data privacy rights as well as your personal ...
Read More »

The difference between a living Will and a last Will and testament

Published: Wed, 11 Aug 21

Sometimes family members face a difficult situation when a decision has to be made about a loved one in circumstances in which they are not able to make informed decisions and give their consent regarding medical treatment. In some cases, a family can be left with enduring questions and feel of guilt after making ...
Read More »

DELAYED GOVERNMENT PAYMENTS IMPACT ON PENSION FUND CONTRIBUTIONS

Published: Tue, 29 Jun 21

Having been inundated over the last several years with volumes of complaints against the Private Security Sector Provident Fund (PSSPF) and its participating employers, the Pension Funds Adjudicator, Adv Muvhango Lukhaimane, has in a recent determination called into question the viability of the fund that is compulsory ...
Read More »

Free Online Discussion – recent regulatory impact on claims

Published: Thu, 17 Jun 21

Learn about the recent regulatory impact on claims by joining us online this Friday 18 June 2021. The amended Policyholder Protection Rules promulgated under section 55(5) of the Short-term Insurance Act as amended and currently in operation, alongside several key board notices has far-reaching implications when it ...
Read More »

Supporting Brokers In Optimising The Claims Experience Of Their Clients.

Published: Mon, 07 Jun 21

TANSA is a team of dedicated professional Attorneys, Forensic accountants, Disaster Claims Experts and Insurance Specialists focused on Insurance Claims & Dispute Resolution. Their mission is to support brokers in optimising the claims experience of their clients. They collaborate with brokers to effectively ...
Read More »

Longevity favours the rich, but poor also benefit in new generation life annuities

Published: Tue, 01 Jun 21

Most conventional life annuities are priced against just two factors that influence longevity – age and sex. Yet there is a host of other factors that should be considered in arriving at a fair price for each person.   This is one of the reasons that life annuities fell out of favour ...
Read More »

Fourfold increase in death claims against fully underwritten life policies during second Covid-19 wave

Published: Tue, 01 Jun 21

Four of South Africa’s largest life insurers reported increases of between 50% and 60% in death claims against fully underwritten new generation individual life policies between March last year, when the first Covid-19 case was recorded in South Africa, and the end of January 2021. The increase in death claims ...
Read More »

First edition of the Ombudsman’s Briefcase for 2021

Published: Tue, 06 Apr 21

In our first edition of the Ombudsman’s Briefcase for 2021 we take this opportunity to wish you a safe and prosperous year ahead. We face this year with a little more hope having emerged from a second wave of the coronavirus and with the COVID-19 vaccine being rolled-out. In this edition we look at insurance ...
Read More »

POPIA 101

Published: Thu, 01 Apr 21

All businesses with employees, customers and suppliers must comply with POPIA, which comes into effect on 1 July 2021. Here is a practical guide to the most important aspects   With the commencement date of the Protection of Personal Information Act 4 of 2013 (POPI) of 1 July 2021 fast approaching, businesses ...
Read More »

STATUTORY MANAGEMENT OF SECURITY SECTOR FUND FAILS TO IMPROVE EMPLOYER COMPLIANCE

Published: Tue, 16 Mar 21

A pension fund has been requested by the Pension Funds Adjudicator to notify some of its members of the failure of their employer to pay contributions on their behalf and to report the non-compliance with the Act to the National Prosecuting Authority. Muvhango Lukhaimane, the PFA, said regulation 33(5) of ...
Read More »

Local hedge funds industry finding its feet in a regulated environment

Published: Mon, 08 Mar 21

The South African hedge funds industry ended 2020 with assets under management of R73. 27 billion. Statistics released by the Association for Savings and Investment South Africa (ASISA) show that assets under management increased by R4. Hayden Reinders, convenor of the ASISA Hedge Funds Standing Committee, says this ...
Read More »

Risks in retirement are increasing – but you don’t have to tackle them alone

Published: Mon, 08 Mar 21

An increasing risk in retirement is that you will outlive your savings. More retirees feel less confident now that their savings will last, highlighted by a 10% year-on-year drop in confidence reported by retirees in Just SA’s latest Retirement Insights study.   A less ...
Read More »

Treasury further tightens the noose on retirement assets of emigrants

Published: Wed, 03 Mar 21

The Budget Review 2021 includes a proposal to impose a deemed retirement withdrawal tax on retirement assets of emigrants as an exit tax. The proposal is unclear and has numerous issues. Data from various sources suggests that around 23 000 South African (SA) tax residents emigrate each year in search of ...
Read More »

How the T-Day retirement reforms could affect you

Published: Tue, 16 Feb 21

A number of retirement fund rule reforms will come into effect on 1 March 2021, also known as T-Day. These new rules will not only standardise the way in which benefits can be accessed across different funds at retirement but will also facilitate the phasing out of emigration for purposes of exchange control. The ...
Read More »

ADJUDICATOR SLAMS PRIVATE SECURITY SECTOR PROVIDENT FUND FOR NOT TAKING ACTION AGAINST DEFAULTING EMPLOYERS

Published: Wed, 10 Feb 21

Regulatory compliance in the private security industry remains a sore point as more complaints land on the desk of the Pensions Funds Adjudicator. The majority of the complaints prevalent in this sector relate to non-compliance with Section 13A of the Pension Funds Act whereby employers fail to pay provident ...
Read More »
Already on the first pageNo previous pagesPage:  of 2Next pageLast page


More News »

Image

Healthcare »

Image

Investment »

Image

Life »

Image

Short-term »

Advertise Here
Advertise Here

From The Glossary »

Icon

Housing Loan:

In terms of Section 19(5) of the Pensions Funds Act, a fund may grant housing loans to members using their share of the fund as collateral, normally through a third party service provider.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2021. All Rights Reserved.