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Insurance

M&F eyeing Old Mutual customers

Raimund Snyders, the chief executive of Mutual and Federal, says that the insurer can increase its market share from the current 11 percent by taking advantage of its relationship with Old Mutual and Nedbank. Picture: Simphiwe Mbokazi By: Siseko Njobeni Johannesburg – Mutual & Federal (M&F) wanted to tap into […]

Insurance

Gov Amosun seeks stoppage of fake insurance policies

Ogun state governor, Senator Ibikunle Amosun receiving a gift from the National Commissioner for Insurance, Mohammed Kari when the top management team of the National Insurance Commission visited the Governor at his Oke-Mosan Abeokuta, Office. As far as Ogun state governor, Senator Ibikunle Amosun, is concerned, the Nigerian state has […]

Insurance

African Bank to partner with Sanlam on insurance

By Hanna Ziady JOHANNESBURG – African Bank says it will partner with insurance company, Sanlam in a pilot project, offering a full suite of long-term insurance and investment products to customers across 13 branches. African Bank intends to launch on April 4, with an equity base of R10 billion and […]

Pension

DG PTAD suspended over alleged fraud of N60m

Mayshak The Director General of the Pension Transitional Arrangement Directorate (PTAD), Nellie Mayshak has been suspended indefinitely for alleged fraud of N60 million naira which is reported to be a monthly salary. According to the report, the details of the alleged fraud are still sketchy, but the recently introduced biometric […]

Pension

A Plan to Stop the Pension Plan Rip-Off

It’s small consolation that your broker is only harming one client at a time by claiming the ability to “beat the market.” Recommending actively managed funds, private equity, individual stocks and alternative investments is the tried-and-true Wall Street way of transferring wealth from you to them. The zero-sum game If […]