
Thursday briefing: a round-up of recent financial services news
SA unit trust returns | Flood claims | Santam profits warning | Insuretech raises $17m | Sanlam-AfroCentric deal | Business account fees.
SA unit trust returns | Flood claims | Santam profits warning | Insuretech raises $17m | Sanlam-AfroCentric deal | Business account fees.
As with the similar section 12J investment incentive schemes, the barrier to entry is high.
Independent insights into a range of investment-related matters
The country is in a position similar to the one it was in before the apartheid system collapsed.
Ruling on written-off car | Grid failure exclusions | Residential solar CoC | Coronation judgment implications | Grey-listing risk
The challenge facing Treasury is financing a permanent grant while maintaining a commitment to fiscal consolidation.
Edward Kieswetter also shares his views on tax breaks for home electricity generation and a wealth tax.
BrightRock paid out over a billion rand in claims in 2022, which was more than the total claims paid in its first seven years in the market.
Survey compares Bestmed, Bonitas, Discovery, Medihelp and the Government Employees Medical Scheme.
Instead of making provision for retirement, they are servicing debt.
Survey finds most wish they had treated money as a growth asset when they were younger.
Cash-strapped South Africans spending more on essential items such as food at the expense of insurance products, says DebtBusters.
Also, the group’s fiduciary business will be sold to Capital Legacy Solutions, in which Sanlam will have a have a 26% stake.
The chairperson of Stellenbosch University’s council was also a director on Moonstone’s board.
It says Smith played a key role in laying the foundation for the financial services group as it currently exists.
Medical schemes and administrators now know whether they can continue to claim from the RAF on behalf of their members.
Franchise Association says its members are reporting sporadic looting and rioting.
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