"Considering that South Africa is home to about 3.3 million people with disabilities and about 200 000 elderly people with dementia, this is an issue that matters in our society. Planning for the needs of vulnerable heirs may call for skilful…
“Even in cases where business owners pass away having drafted wills, we start the deceased estate administration process only to find issues with the management function of accounting and financial control: statements not up to date, tax returns…
"We are proud of the positive impact Paymenow has on employees and their workplaces. This independent research validates what we've seen anecdotally: providing employees with access to their earned wages when they need it helps them manage their…
“Most lenders require proof of a valid residency visa and/or work permit, stable income, local bank account, and local credit history. Some providers have stricter lending criteria than others, and approval of all types of loan applications…
"The issue is that social media influencers are typically compensated for their endorsements, but their followers often mistake these promotions for genuine, first-hand financial advice. This creates a dangerous dynamic, blurring the line between…
“Growing a savings fund may feel like a distant dream when money is tight, but it functions as a financial safety net. Without savings, an unanticipated expense can derail your budget and force you into debt. You may have to rely on a credit…
"Retirement funds, which include retirement annuities, pension funds, provident funds, and preservation funds, are governed by the Pension Funds Act. Section 37C of the Act stipulates what should happen with the death benefits payable on the…
"Waiting for a part to break or a system to fail -also known as reactive maintenance - often leads to much bigger expenses down the line. Take something as small as an oil leak. Ignore it for too long, and you could end up with serious engine…
“By providing easy access to essential resources such as credit reports and personalised financial guidance, we’re equipping consumers with the knowledge they need to make better financial decisions,” says Riaan Nieuwoudt, Executive of Services…
"We may face many challenges in South Africa, but I firmly believe partnering with expert financial advisers can be powerful in unlocking our collective potential. My vision is to see financial literacy transform from an individual necessity…
“We can expect to see more change in education in 2025. Access to wider educational opportunities both locally and internationally means that it is imperative that parents plan for it financially”, says Kresantha Pillay, Chief Specialist Lifestyle…
“It’s important to remember that education is one of the best investments you can make in your child’s future. Planning, prioritising, and creativity can help you start the school year right, and set your child up to succeed, without breaking…
"I’ve asked our actuaries to do the sums. And they illustrate how hard it will be to make up for the alluring thought of going on holiday with retirement money, or on credit," says Therèse Havenga, Head of Business Transformation at Momentum…
"Financial discipline is important, especially during the last few weeks of the year – It is the basis for a healthy and stable financial life. Remember there are plenty of temptations and family pressures to deal with, so stick to the plan…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
Subscribe to our weekly newsletter to get the latest insurance and economic news in SA.
Insurance Biz proudly displays the "FAIR" stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council's website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 4843612.
© Insurance Biz 2008-2025
