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Latest news

A collective of the latest news and industry insights. Select your knowledge stream below.

October 17, 2024
Santam Women of the future award winners announced
The 10th annual Santam Women of the Future Awards, in association with FAIRLADY and TRUELOVE, took place on Friday, 11 October at an exclusive luncheon hosted at The Venue at the Houghton Hotel and emceed by Khutso Theledi. 
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October 17, 2024
Discovery Insure wins at Global Insurance Innovation Awards 2024
The inaugural Global Insurance Innovation Awards, held at a gala ceremony in Singapore today, recognised Discovery Insure as a global leader in insurance innovation, thanks to its world-class and future-ready product offering.
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October 16, 2024
The Ashburton Equity Fund celebrates three-year Performance Milestone
Charl de Villiers, Head of Equities at Ashburton Investments, reflects on the third anniversary of managing the Ashburton Equity Fund, highlighting the team's success in delivering positive alpha, strong peer performance, and their focus on South African listed equities.
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October 16, 2024
Third Party risk keeps SA organisations vulnerable
A recent webinar hosted by SIGCyber of IITPSA emphasised the importance of Third Party Risk Management (TPRM) for mitigating cyber and broader business risks. Experts highlighted that managing third-party risks, beyond just cybersecurity, is essential for protecting sensitive information, reducing reputational, legal, and financial risks, and improving overall security.
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October 16, 2024
Tax implications of the ‘two-pot’ retirement system
Since coming into effect on 1 September, the ‘two-pot’ retirement system has seen a total gross lump sum of R21.4 billion paid out to taxpayers, thus far according to SARS. However, any savings withdrawn from retirement savings must be declared to the SARS as gross income and taxed accordingly – highlighting the importance of understanding the tax implications before deciding to withdraw from your retirement annuity, or your pension or provident fund.
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October 16, 2024
Ensure your home is protected, come rain or shine
As warmer months approach, it's easy to forget key home maintenance tasks that protect your property and ensure sufficient insurance coverage. To maintain a secure home year-round, it's important to stay proactive.
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October 16, 2024
Upcoming Medium-Term Budget Could Look More Positive For South Africa
Citadel’s Chief Economist predicts the medium-term budget speech on 30 October will bring some welcome good news about economic growth thanks to improved political and energy stability - but he warns that over-spending on the public sector wage bill remains the elephant in the room for the local economy.
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October 15, 2024
Are your finances affecting your mental health? Five ways to break the cycle
During Mental Health Awareness Month, Ross McMillan from Momentum Financial Planning emphasises that taking proactive steps to enhance our financial security is a crucial first step toward improving mental well-being and regaining a sense of control.
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October 15, 2024
Is it two pots or three? Navigating the complex two-pot retirement makeover
As the dust settles on the implementation of new retirement legislation, Linda Kleynscheldt, Head of Actuarial and Product, PSG Wealth unpacks why having a quality financial adviser will help retirement savers make the most of what is a complex set of new rules.
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October 15, 2024
Stewards of  investment success
Mike Adsetts, Global Chief Investment Officer at Momentum Investments, emphasizes the integration of responsible investment practices, including environmental, social, and governance (ESG) considerations, into their decision-making. Their latest Stewardship Report highlights progress in sustainability efforts, climate strategies, and industry engagement.
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Download the 2023 TechFest eBook

Technology has become indispensable in the digital age. As for the insurance and financial industries, if you had the privilege, or foresight, to attend COVER's TechFest2023, you would have heard from the various presenters how crucial innovation on the back of technology has become for survival and a sustainable competitive strategy.

In this e-book we feature a comprehensive overview of all the presentations and round table discussions. The videos of the sessions, for the full experience, can be viewed on our website.

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