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Structured products have soared in popularity globally over the past decade. Where it used to be the exclusive domain of wealthy investors and institutions, it is now available to everyday retail investors through financial advisers, thanks to some new product innovations.
Boutiques offer savvy investors the opportunity to reap higher returns, but following a multi-manager approach is recommended.
Prescribed Minimum Benefits (PMBs) are a feature of the Medical Schemes Act, in terms of which medical schemes have to cover the costs related to the diagnosis, treatment and care of any emergency medical condition, a further limited set of 270 medical conditions (defined in the Diagnosis Treatment Pairs), and 25 chronic conditions (as defined in the Chronic Disease List).
The retirement funding industry waited with bated breath for the Minister of Finance to announce the next steps in retirement reform in his 2015 Budget Speech.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?