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We often mention that we live in the digital age, where information flows at faster speeds, is more complex and is more accessible. As much as this information can be analysed by businesses to make better informed decisions, the real question is, is there room to alter the sales landscape?
Retirees draw down a higher percentage income from their living annuities because they are struggling to make ends meet, according to the Association of Savings and Investments of South Africa (ASISA). If however they are medically underwritten at retirement they may qualify for a higher monthly income especially if they suffer from a disease such as breast cancer. During breast cancer awareness month in October women are reminded to consider the financial implications of the disease, especially in their retirement years when the prevalence of the disease increases. The cost of a mastectomy can be approximately R400 000.
President Jacob Zuma recently signed the Financial Sector Regulation Act 2017 into law. Also known as the ‘Twin Peaks’ Bill, the legislation will see financial sector conduct overseen by two separate regulators.
Entrepreneurs particularly have to learn how to do it all – something that’s only possible if they learn how to manage their time. These tips can help.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?