"Customers often believe that belonging to a medical aid and having disability cover is enough, while many young people assume their age and good health will shield them from serious illness. But when a major health crisis strikes, it's often…
"By combining our banking expertise with Reunyte 's smart matching technology, we're able to connect with customers in a way that's both relevant and impactful. Often, beneficiaries of these various unclaimed benefits aren't aware of them,"…
"Investing strategically in comprehensive retirement benefit counselling is therefore no longer a “nice to have” but rather a critical business strategy for talent attraction, retention, and enhanced productivity," says Sipho Sibanda, Head:…
“Without urgent action, we are building the next generation of old-age poverty - and that affects everyone: families, communities, and the broader economy. It also reduces the potential for families to build and sustain wealth over generations,”…
"When marriages end, dividing assets can be complex – especially retirement savings. The introduction of the two-pot retirement system in September 2024 has significantly changed the rights of divorcing fund members and their spouses," says…
“While many members likely know how much they are contributing monthly towards their retirement investment, they are in the dark about the rest of the detail – and are therefore not able to assess whether or not they have accumulated adequate…
"Yes, the challenges are significant – low savings, inequality, affordability, delayed retirement. But we also have powerful tools at our disposal: thoughtful investment strategy, evolving systems, and better financial education. If we use them…
"Unlocking women's potential is the key to driving future-ready human capital. This Women's Month, we call on organisations to recognise that EVP initiatives are no longer mere corporate programs, but should be bold investments in women's advancement,…
"These reforms align South Africa's pension fund regulatory framework with international best practices, ensuring stronger member protection and improved sector governance for the benefit of all retirement fund members," writes Lenee Green and…
"A new generation is entering the workforce while supporting parents and grandparents who can't afford to retire. Going forward, they'll likely be trying to build futures of their own in an economy where people may work well past their retirement…
“The combination of longer lives and rising healthcare costs means retirees face a double risk - outliving their savings and carrying a heavier medical burden in later years. Unfortunately, retirement planning hasn’t kept pace with the new challenges…
"Despite the enormous sums involved, and the critical importance of these benefits to vulnerable families, there is often litigation surrounding section 37C of the Pension Funds Act 24 of 1956 (PFA) and its application.," says Nicolette van…
"This is more than a workplace issue. It highlights a deeper national challenge: financial exclusion. Without the ability to save or insure against risk, workers are left vulnerable. A single accident, illness, or job loss can push entire families…
"When people are empowered and engaged in an environment where talent is cultivated and potential unlocked, they flourish. But when the workplace is marred by stigma, discrimination, or harmful behaviours, the impact on mental health and overall…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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