"Analysis of our annual claims data reveals a visible and concerning increase in the incidence of deaths associated with cardiovascular disease among our client base – that is, illnesses which affect the heart and blood vessels - as well as…
“For Sanlam Umbrella Solutions, our members remain the most important partners that we have, with our sole purpose to empower them to be financially confident about their future thus improving their retirement outcomes. It is for this reason…
“The biggest future challenge is the amount of change that looms under headings like infrastructure investing, transformation and two pots”, says Kobus Hanekom, Principal Officer of the Sanlam Umbrella Fund. The Sanlam Umbrella Fund’s 2022 Symposium…
Young people need to be educated on how to mitigate associated risks by incorporating insurance into their financial planning as early as possible as this is an important part of building financial literacy and preparing the youth for nurturing…
The reality is that retirees are targets of brazen criminals who will exploit vulnerabilities to get access to retirement savings, and any loss of funds can have devastating consequences for their financial security, warns Ann Cloete Senior…
Data processing is becoming a litigious minefield with a swath of global data privacy laws adding to the fray, such as the EU’s General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA) and Brazil’s General Data Protection…
When you consider the cost of an out-of-network GP visit in private practice – anywhere between R400-R600 for a consultation only, as well as other aspects such as travel costs, costs of medication, it’s easy to see why so many South Africans…
GCI’s model made compelling sense because it will put the resources of a much larger group behind Kimble Brokers to the benefit of our clients, and I will benefit from a steady income stream into retirement that is related to how well the business…
Medical aids generally increase their rates by approximately 4% more than consumer inflation, resulting in the need for consumers to explore affordable alternatives to remain insured, says Alexia Graham, Director at Hippo Advisory Services.
"Only 6% of South Africans retire comfortably. This is a sobering statistic and a stark reminder of the importance of ensuring you have a retirement plan in place that will meet your retirement needs," says Wendy Myers, Head of Securities, PSG…
“Proper retirement planning is essential, as the income you receive will not only need to sustain you, but also counter the effects of inflation over time,” says Mariska Comins, Head of Technical Support at PSG Wealth.
It is well known that in the case of individual life policies, an insurer may pay the proceeds of a life policy to the deceased estate or alternatively to beneficiaries, nominated by the deceased prior to death, says Jenny Gordon, Head: Technical…
It is retirement annuity season, which means that you have until 28 February to check that you have contributed enough towards your retirement and tax-free products, says Rita Cool, certified financial planner at Alexander Forbes Individual…
There are no contribution limits in an RA. You can contribute and deduct up to 27.5% (capped at R350 000) of your total annual taxable income in any given tax year, and excess contributions can be claimed as deductions in the following year…
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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