FANews
FANews
The Stage
Rationality must take centre stage

Many of the people that I engage with, both personally and professionally, have expressed their worries about how the recent credit downgrade will affect them.The majority of these people have described meetings with their Certified Financial Planners (CFP) as sobering encounters as the message regarding the eradication of manageable amounts of debt is clear. If you can pay off your debt …do it as soon as possible.

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Straight Talk
Taking risks and working past them

Sir Winston Churchill, arguably one of the most influential political leaders of our time, once said that one should never let a good crisis go to waste. While there is a bit of a debate as to when a crisis is ever good, it is clear that politically – and economically – South Africa is facing a crisis. The country finally saw its worst fears realised when it was downgraded to sub investment grade, and there are concerns about how the country will ever get out of the mire it finds itself in.

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Featured story
Medical advancements that could benefit insurers?

For many years, medical research had a direct impact on medical schemes as medical advancements result in better care being received by patients. Very few of us realise that medical advancements, and precision medicine in particular, is having a direct impact on the life industry. FAnews spoke with Dr Adela Osman, Chief Medical Research Officer RGA Reinsurance Company of South Africa, to find out more about its impact.

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Quick Polls

QUESTION

Health Minister Aaron Motsoaledi has said that the NHI will bring about change in the industry which will see medical schemes a slim picture of their former selves. Do you think this is the right approach to be taken?

ANSWER

No, medical schemes offer invaluable coverage in a market that is being ravaged by high costs.
Yes, universal healthcare will benefit the country in the long run.
Just wait, the minister will soon find out that a medical industry without medical schemes is no industry at all.
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FAnews April 2017 EditionGet the latest issue of FAnews

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