Background The case concerned a funeral policy with Liberty Life (“the insurer”). The complainant was the beneficiary and premium payer. Ms R was both the policyholder and the life assured. Ms R (“the deceased”) died some 12 months after the policy was...
In a powerful and timely collaboration, BrightRock, the needs-matched life insurer, with academic partner Henley Business School Africa, officially launched the Change Science Institute on 18 June 2025 at Henley's Johannesburg campus, ushering in a...
As South Africa grapples with ongoing electricity shortages and a heavy reliance on aging coal-fired power plants, renewable energy remains critical to ensuring long-term energy security and economic stability. With a strong secondary market emerging for...
Economic policymaking is now as unpredictable as the markets themselves. In this environment, investment professionals play a heightened role in striking a balance between portfolio diversification and returns. Investing successfully in today's turbulent...
Standard Bank Group (Standard Bank) has extended a R400 million Working Capital Facility structured in a Sustainable Finance format to leading South African earned wage access (EWA) provider Paymenow. This marks a significant commitment to financial...
Ensimini Financial Services (Pty) Ltd (“Ensimini”) is delighted to announce a significant milestone in its ongoing journey to deliver exceptional employee benefit solutions, investment consulting, and administration services. Prolan Investment Holdings (Pty)...
In the first part of this article around annuitisation (“Let's talk about annuitisation – Part I” featured in Pensions World Q4 2024), we discussed the need for trustees to review the annuity strategies and products available to members in light of the...
Umbrella trusts and beneficiary funds house the assets left to minor dependents; the source of the assets can be retirement fund death benefits in the case of beneficiary funds or testamentary and other non-retirement fund payouts in the case of trusts....
In South Africa, employers are currently not legally required to offer employee benefits. However, this is set to change as the government moves closer to implementing social security reforms such as Universal Coverage through auto-enrolment. While this...
It is undeniable that retirement fund trustees face growing risks from cyber threats with the responsibility for managing and mitigating these risks ultimately resting with the board. These funds hold vast amounts of sensitive personal and financial data,...