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One of the main recommendations in National Treasury's first paper on Retirement Fund Reforms was that contributions to a national savings fund should not be compulsory. Yet in the 2007 budget, the Finance Minister proposes that all South Africans will co
In his budget speech on Wednesday, 21 February, Trevor Manuel made a number of appeals to consumers to focus on saving rather than spending. His request echoes the views of Reserve Bank governor Tito Mboweni, who frequently makes similar appeals during hi
Discovery Holdings reported results for the six months ending 31 December 2006 in Johannesburg on Thursday. Group CEO Adrian Gore announced a 29% rise in the diluted headline earnings per share to 70.1 cents a share. (Click on the article heading to re
The Life Offices' Association (LOA) unveiled the Zimele brand at a function at the MuseuMAfrica, in Johannesburg on Thursday. The brand will allow South Africa's estimated 17.5 million low-income earners to easily identify insurance products that meet
The strongest deterrent against FSP compliance missteps is or should be: