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Old Mutual Private Equity (OMPE), a division of Old Mutual Alternative Investments (Pty) Ltd, is pleased to announce that 89.9% of Long4Life Limited’s (Long4Life) shareholders, present and voting at the shareholders’ meeting held on 28 February 2022, approved the transaction for OMPE to acquire 100% of Long4Life and delist the company.
The confirmation of the rollout for government’s plan to give pension fund members early access to their retirement savings will be one of the most anticipated topics of this year’s Budget Speech but Finance Minister Enoch Godongwana must err on the side of caution to maintain tax system stability and avoid creating unrealistic expectations for indebted consumers.
After two weeks of hearings, the Gauteng Local Division of the High Court on Monday found in favour of Old Mutual in dismissing the damages case brought against it by former CEO Peter Moyo.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?