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Securing your income in shaky times

11 September 2017 | General

Losing your source of income due to retrenchment is a daunting reality that many of us face. The retrenchment process can often be long and drawn out, taking both an emotional and financial toll. “Unfortunately, due to the current tough economic environment South African businesses find themselves in, retrenchment is a possibility that managers and employees have to prepare themselves for,” says Jaco Gouws, Protection Product Head at Old Mutual.

Sanlam sets industry first- Launches cancer-only severe illness cover

18 August 2017 | Dread Disease and/or Disability / Critical Ilness

In June 2016 the Economist reported that around 70 new cancer drugs are contributing to far better prognoses for cancer patients. Doctors are also, for the first time, starting to talk about cancer cures rather than only talking remission.

“New credit life insurance regulations bring good news for consumers”

16 August 2017 | General

A new set of credit life insurance regulations that will protect consumers from abusive practices by credit providers came into effect this week. The regulations have been hailed as a positive step to prevent consumers from being exploited when they take out credit facilities.

Survival rates demand comprehensive severe illness cover

11 August 2017 | Dread Disease and/or Disability / Critical Ilness

While severe illnesses such as cancer, heart attacks and strokes are becoming increasingly prevalent, the good news is that the survival rate of these events continues to improve. Globally, the current five-year cancer survival rate is 62%, and increases sharply to 83% in patients aged 15 to 29. There is a similar trend concerning hospitalised heart attacks and strokes, with 80% and 85% of patients surviving the event respectively.

quick poll

Question

What can retirement funds do to improve client-adviser engagement during members’ employment years?

Answer

Advice at onboarding Annual adviser check-ins Meet-an-adviser workshops Offer advice at life-stage events

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