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'Bad lending book' to remain with Abil
'Bad lending book' to remain with Abil

African Bank Investments Limited (ABL‚ Abil) said on Wednesday, 10 December 2014, that its curator has decided that the "bad lending book" will remain with Abil after the purchase of core lending assets by the "good bank"...

11 Dec 2014 09:23

Ombudsman orders Regent Life to pay funeral claim
Ombudsman orders Regent Life to pay funeral claim

An insurer has been ordered to pay a funeral claim that had been declined on the basis that the life insured had reached 21 years because the policyholder had neither been given notification nor the opportunity to pay an increased premium...

10 Dec 2014 12:51

Alexander Forbes set for African expansion
Alexander Forbes set for African expansion

SA's largest retirement fund administrator, Alexander Forbes, is looking for low-value acquisitions in the rest of Africa and has tasked one of its senior staff with looking for "nonorganic" growth opportunities on the continent...

By Phakamisa Ndzamela 4 Dec 2014 11:51

MasterCard Foundation commits to university partnership
MasterCard Foundation commits to university partnership

The MasterCard Foundation is committing $86.6 million to work in collaboration with four new African university partners...

3 Dec 2014 14:15

Two-pronged strategy the solution for pension funds
Two-pronged strategy the solution for pension funds

Pension fund actuaries face a substantial moral and professional responsibility to fund members in advising on, designing and maintaining sustainable retirement funds...

28 Nov 2014 07:15

Integrated wholesale business by Nedbank is on the cards
Integrated wholesale business by Nedbank is on the cards

Nedbank Group recently announced that Nedbank Capital and Corporate will be integrated into a single client-facing, wholesale business cluster...

27 Nov 2014 14:48

Commercial players pounce on distressed residential rental market
Commercial players pounce on distressed residential rental market

One of the significant developments in the corporate property finance market this year involved the rise in the number of commercial property players increasing their exposure to the residential rental market...

27 Nov 2014 14:15

Ooba's new mobile app offering home loan info on the go
Ooba's new mobile app offering home loan info on the go

Applying for a home loan? Bond originator Ooba has launched an innovative mobile application to simplify the home buyer and real estate agent's experience in the home loan application process...

14 Nov 2014 10:03

Auditing Act amendments propose board plays greater role in training
Auditing Act amendments propose board plays greater role in training

Amendments to the Auditing Profession Act are proposed which will give the Independent Regulatory Board for Auditors (Irba) a greater role in the training of prospective auditors...

By Linda Ensor 14 Nov 2014 06:16

Reasons for decline in generational family wealth
Reasons for decline in generational family wealth

Approximately 70% of second-generation families squander assets received from an estate transfer.

By Carien Strauss 12 Nov 2014 08:27

Online transactions make users feel vulnerable
Online transactions make users feel vulnerable

A survey conducted by Kaspersky Lab and B2B International, has found that 64% of internet users in South Africa felt vulnerable while shopping online or making online transactions, and 63% of users would utilise online payment systems more often if they felt they were protected from cyber fraud.

3 Nov 2014 15:15

Investec announces winners of 2014 Junior Innovators competition
Investec announces winners of 2014 Junior Innovators competition

A "Heating Kettle Bottle" - a battery-powered kettle and water bottle - has taken the winning title in the third annual Junior Innovators competition hosted at Investec in Sandown earlier this week.

10 Oct 2014 13:00

Impact of retirement reforms on financial advisers
Impact of retirement reforms on financial advisers

While South Africa's financial advisers would like government to reach its retirement reform objectives with as little regulatory intervention as possible, there were certain structural inefficiencies that could not be solved by product innovation and advice alone.

3 Oct 2014 11:37

Impact of legislative changes on retirement planning
Impact of legislative changes on retirement planning

The legislative changes and the retirement reforms proposed by National Treasury for 2015 are going to have a massive impact on anyone who has already begun planning for their retirement.

By Alex Cook 2 Oct 2014 07:14

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