Is the independent financial advice market ‘an endangered species’?
Data from Ninety One provides an insight into the industry’s demographics and financial performance.
Industry News
Big five life insurers’ death claims against fully underwritten policies returning to pre-Covid levels
Only 15% of the death claims received by the five insurers between March 2020 and August 2022 were due to confirmed Covid deaths.
Become a financial planning expert with MBSE’s Postgraduate Diploma in Financial Planning
This qualification is newly approved as an accredited qualification by the Financial Planning Institute of Southern Africa.
Santam introduces exclusions for losses following loadshedding and other electricity grid interruptions
No doubt, other insurers will soon follow suit.
Where unit trust investors are putting their money
Assets under management by local collective investment schemes once again surpass R3 trillion.
SA’s pension system slips further down the global rankings
Lack of coverage and poor preservation remain the major shortcomings.
Set yourself up for a career in short-term insurance with MBSE’s Higher Certificate
The qualification fulfils the qualification requirement for obtaining the Insurance Licentiate (LIISA) designation.
Old Mutual to ‘re-enter’ retail banking space in 2024
The group unbundled its majority stake in Nedbank in 2018.
Old Mutual life insurance sales continue to recover
Decline in mortality claims and lower client disinvestments and terminations.
MMH reports disappointing new business volumes
Momentum Metropolitan’s life businesses benefit from decline in death claims and higher investment returns.
How to keep cybercriminals at bay when shopping online this Black Friday
Cybercriminals create bogus online stores that claim to sell hard-to-find items.
FAIS Ombud’s office releases its 2021/22 report
Eight interesting things, including an update on long-standing property syndication complaints.
Healthcare providers will no longer ‘call the shots’ under NHI, says minister
Therefore, current 8.5% of GDP spent on healthcare resources will be enough to fund NHI, Parliament told.
Households are R253bn poorer thanks to rising interest rates
Share prices declined and bond yields increased, negatively affecting the value of households’ retirement funds and investments.
3Sixty Life petitions Supreme Court of Appeal over final curatorship order
This follows the High Court’s decision confirming its earlier judgment.
Enrol in our specialised financial planning qualifications
The Advanced Certificate in Financial Planning will equip you to provide holistic financial planning services.
How honest are South Africans when making insurance claims or applying for a loan?
Survey also reveals consumers’ anti-fraud preferences when transacting online with the financial services industry.
