Minister owes taxpayers more clarity on scope of NHI funding. In the face of credit rating agencies threatening to downgrade South Africa’s debt ratings, it is incredibly important for the government to commit to a prudent and disciplined Budget in 2012. This is one of the most critical priorities for a Budget that seeks to …. »
First things first. Here’s wishing our readers a very happy and prosperous 2012. While it seems a tall order at this early stage to wish for 2012 to be a slightly “easier” one than 2011, hope springs eternal and it isn’t the worst strategy in the world at least in the first few days of …. »
The National Development Plan (NDP) put forward by the National Planning Commission in support of its Vision for 2030 is a wide-ranging document that deserves serious consideration. A comprehensive response to the NDP would go far beyond the limits of this commentary series, and I therefore limit myself to a few comments on the economics …. »
Swiss Re, at its Nordic Risk & Insurance Summit (NORIS™) conference warned that the economic environment in the wake of the financial crisis is still very challenging and turbulent. The industry is moving from coping and survival to fixing profitability, product development, risk management and maximising capital efficiency. Many life companies still have a heavy …. »
Judge Brian Galgut welcomed guests to the launch of the Annual Report of the Long-Term Ombudsman at the Westcliff Hotel on 10 May. Jennifer Preiss, Deputy Ombudsman for Long-Term Insurance, opened the presentation with the announcement of three records for the office: a record 9 236 complaints were received by the Office in 2010; a …. »
On the 1st March the European Court of Justice (Case C-236/09) handed down its judgment prohibiting insurers from using gender as a factor in rating insurance products. The prohibition comes into effect from 21st December 2012. The judgment will have far reaching consequences. For example the Guardian estimates that in some cases young men may …. »
The Ombudsman for Long-term Insurance reported today that 4702 complaints had been received by his office over the past 6 months, an increase of over 8% on the corresponding period last year. The bulk of these complaints, 2156, were classified as full cases, an increase of 19.6% over the corresponding period last year. Further analysis …. »
I’m young and healthy so do I really need all this life and critical illness insurance cover? It’s a question that many younger individuals often grapple with, and, for the most part, many leave getting their finances in order too late. This view is further highlighted in the 2010 Life and Disability Insurance Gap Study …. »
Business assurance is undoubtedly a lucrative area for the financial advisor to specialize in, as it is such a technical and specialist area that the bulk of advisors tend to avoid it out of fear. Those specializing in it can find a nice niche area avoided by the ‘riff raff’. However, the area is fraught …. »
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