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Nedbank maintains B-BBEE rating for the fifth year

10 March 2014 | General

Nedbank’s progressive transformation efforts have enabled the group to maintain a Level 2 Broad-Based Black Economic Empowerment (B-BBEE) rating, for the fifth consecutive year.

Sanlam iTrade launches new Fantasy League on Facebook for share trading

10 March 2014 | Sanlam

Following the hugely successful iTrade Fantasy League Facebook app and competition last year, online trading platform Sanlam iTrade has announced the start of a new league. The iTrade Fantasy League is aimed at exposing social media users to the vibrant world of online share trading. In what may be a world first, Facebook fans can over a nine-month period vote for their favourite stock picks in a real share portfolio, and stand a chance to share in the profits.

Discovery and AIA Group joint venture launches in Australia

06 March 2014 | Discovery

In July 2013, Discovery Limited (“Discovery”) and AIA Group Limited (“AIA”) announced a strategic joint venture to introduce Discovery’s successful wellness-based life insurance model to the Asia-Pacific region.

Swiss Re supports Aviva in the largest longevity transaction with a pension scheme completed to date

06 March 2014 | Swiss Re

• Swiss Re participates in longevity reinsurance transaction covering GBP 5 billion of liabilities in the Aviva Staff Pension Scheme • The transaction protects the Aviva Staff Pension Scheme by transferring the risk that members live longer than expected • The transaction covers the longevity risk for19 000 members of the Scheme, their widows or widowers and civil partners

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Are financial advisers ready for the combined impact of COFI and AI?

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Yes, fully prepared and already adapting Somewhat prepared, but still facing implementation challenges Not yet prepared, more time and support needed Unsure / still assessing the impact

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