1 October 2019 – Martin Hesse – Personal Finance If you were retrenched tomorrow, with no prospect of finding another full-time job, an immediate reaction would be concern about your loss of income. Apart from financial worries, you may feel you are no longer of any use to the world, that you have been “discarded” […]
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What your umbrella fund offers you under the default regulations
MARTIN HESSE | martin.hesse@inl.co.za – 4th June 2019 https://www.iol.co.za/personal-finance/investments/what-your-umbrella-fund-offers-you-under-the-default-regulations-24856454 If your employer belongs to a large commercial umbrella fund, the fund will have aligned its products and services to comply with the default retirement fund regulations, which came into effect March 1. If you belong to a stand-alone employer fund, on the other hand, the […]
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Regulations and the law of unintended consequences
MARTIN HESSE | martin.hesse@inl.co.za – 11th May 2019 RECENTLY, I wrote about how the revised Policyholder Protection Rules for life insurance were causing headaches for providers of group life cover, because the revised rules had been drawn up more with the individual consumer in mind than employers buying group cover for their employees. This is […]
Continue readingMore TagAre advisers neglecting needs of older clients?
FINANCIAL PLANNING – 10 SEPTEMBER 2018 – MARTIN HESSE – OPINION: WORDS ON WEALTH (https://www.iol.co.za/personal-finance/financial-planning/are-advisers-neglecting-needs-of-older-clients-16963388) SAIFAA did not write the below article. The original can be found above. What strikes me about commercial activity in South Africa is that it is predominantly focused on the young. The clothing and entertainment industries, in particular, seem oblivious […]
Continue readingMore TagPersonal Finance – New body to raise profile of Independent Advisers
Martine Hesse – (https://www.iol.co.za/personal-finance/new-body-to-raise-profile-of-independent-advisers-10551768 ) SAIFAA did not write the below article. The original can be found above. New body to raise profile of Independent Advisers You can divide financial advisers into agents of financial product providers, such as Old Mutual, Discovery and Sanlam, and independent financial advisers. Although independent advisers cannot draw on corporate expertise […]
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