As a follow up to the post on cutting out the middle man, I thought I would write about another case of “half-truths” from insurance companies.
About 6 years ago, I was at a financial planning conference where the issue of fees and commissions was being discussed by a panel. One of the panel members was [...]
I recently received a marketing offer from 1lifedirect to take out some life cover directly through them, thereby cutting out the paperwork, expensive medicals, the broker and therefore the commission. All of this, they promised, would save me up to 22% on the premiums.
Having seen their rather funny TV adverts and being the curious sort [...]
Continue reading about Sometimes cutting out the middleman just leaves a gaping hole!
Just read an article online about how in these tough times one of the positive outcomes is that people seem to be investing more into their retirement funds. The bad news, though, is that it is still usually too little to enable most people to retire financially secure.
Of bigger concern for me, however, is that [...]
The latest developments in the Ovation Curatorship saga potentially have major ramifications for the entire unit trust and linked product industry and it is high time that the industry (ASISA and the FSB) woke up to that fact.
As I understand the development, the Fidentia Curators are wanting to block the application by the Ovation Curators [...]
Continue reading about The future of the entire unit trust industry hangs in the balance.
I met with a new client recently who proudly proclaimed that she was a “low risk investor” while passing me her unit trust statement. She has R1.1 million in a money market unit trust fund and it has been there for a few years.
While this might have been a good thing (from one perspective) over [...]
