Employee Benefits

Employee recognition essential for business success

Four ways employers can promote financial wellbeing in the workplace

In a post-pandemic working world there is an understandably more pronounced focus on holistic wellness, especially in the workplace. More and more companies are trying to ensure their employees live a healthy and balanced life.

Is your umbrella fund’s investment strategy too conservative?

For the tens of thousands of South Africans whose retirement income is sitting in an umbrella fund, an investment strategy with low volatility and low administration costs might seem like the safe, attractive option. But there’s a downside to an umbrella fund investing too conservatively and focusing more on loss avoidance than growth potential, says employee benefits specialist NMG Benefits.

Everything you know about advice & adviser liability could be wrong

A recent court ruling could render everything that financial services professionals understand about discharging their mandate moot, forcing thousands to reflect on financial decisions taken over the last decade or longer. This follows a recent matter in which a court ordered one of the country's largest asset managers to hand back more than a billion rand of beneficiary funds that it had transferred to another asset manager, within mandate, more than a decade ago.