Debarred Old Mutual adviser opens can of worms

2014-07-01 07:42

When Old Mutual debarred one of its award-winning advisers and a few months later started legal proceedings to get back a joining bonus it opened a can of worms.

7 principles for building wealth

2014-06-26 16:53

An expert looks at 7 common threads that link the production and appreciation of a great wine to the principles underpinning the building of wealth.

Sales in Africa boost Old Mutual

2014-05-15 11:21

Old Mutual has posted a 24% rise in gross sales, helped by a strong performance in Africa after signing agreements in Nigeria and Ghana.

Old Mutual appoints new CFO, COO

2014-05-14 11:47

Insurer Old Mutual says a senior Nedbank executive will become its new finance director, joining a small group of female FTSE 100 finance chiefs.

Four quick investment lessons

2014-03-19 17:32

Investors must understand that their portfolios are not only influenced by market movements, but also by their own actions, warns an expert.

Budget 2014: Pravin vs Manuel

2014-03-04 17:49

When Trevor Manuel was finance minister, a booming economy and increased efficiency in tax collection meant there was scope to expand welfare spending.

Budget tax hike could hit investor portfolios

2014-02-26 10:07

Tax rates could rise in a sluggish economy which doesn’t generate enough tax revenue, which in turn would put pressure on company profits, warns an expert.

Create a sustainable income for retirement

2014-02-04 15:48

About 39% of senior citizens reckon they will probably have to work after retirement age to be able to save enough, according to an Old Mutual survey.

Debarred adviser tops at Sanlam, Old Mutual

2014-01-26 11:05

Fin24 has learnt that the debarred financial adviser James Robert Stern has been recognised as a top financial adviser by both Old Mutual and Sanlam.

Kirstenbosh Gardens with Jimmy Nevis

2014-01-15 10:55

Alternative pop singer and song writer, Jimmy Nevis to perform at Kirstenbosh Botanical Gardens on 26 Jan 2014.

Your most important new year's resolution?

2014-01-02 10:06

You're spending lots of money with it being the silly season and all, but it can be detrimental to your savings.

W Cape fraudster abandons appeal

2013-10-24 20:31

A former Old Mutual team leader, who was jailed for four years on 62 counts of fraud, has abandoned an application for leave to appeal against her sentence.

SA's best employer named

2013-10-03 11:34

The top ranked companies in the 2013 Deloitte Best Company to Work For Survey have been announced, with Old Mutual Life Insurance taking top honours.

Old Mutual honoured in employer ranking

2013-09-06 15:38

Old Mutual was ranked as the number one two categories of the 2014 Top Employer Certification Programme.

ADVERTORIAL: Choosing the right investment solution

2013-06-21 14:45

Old Mutual Max Investments has launched an impressive new investment solution that offers an enhancement of up to 5% extra upfront.

SA banks may be forced to list on ZSE

2013-05-21 10:39

Zimbabwe may compel SA and other international banks operating in the country to list on its stock exchange, Finance Minister Tendai Biti reportedly said.

Old Mutual CEO paid R33m in 2012

2013-04-05 11:11

Julian Roberts, the CEO of Old Mutual, one of SA's largest insurers, received a total compensation of R33m in 2012, according to the company's annual report.

Cavendish Nouveau bids farewell

2013-01-17 10:53

Ster-Kinekor's Cavendish Nouveau cinema will close its doors for good today with Oscar-nominated musical Les Misérables as its final movie screening.

Old Mutual sells US units worth $12bn

2013-01-02 17:50

Insurer Old Mutual says it has completed the sale of five of its US affiliates to their respective senior management teams.

Zim mayor faces probe over Old Mutual

2012-10-02 13:24

Old Mutual and its subsidiary CABS may lose 3 000 residential stands in Zimbabwe over the Harare mayor's “compromised" position as chairperson of both firms.

SA's top employers unveiled

2012-09-06 11:27

It's official - Old Mutual, Microsoft SA and MTN are the best employers in South Africa, according to a survey.

A home not enough for retirement

2012-07-29 18:15

Many owners hope their homes will fund their retirement, but property experts say they are mistaken.

Free breathalyzer test at Zahara concert

2012-05-25 13:30

Free breathalyzer tests are set to be offered at an Old Mutual Concert to be held in Krugersdorp where SAMA winner Zahara will be performing.

Mantashe hits out at bank boss

2012-04-03 22:42

ANC secretary general Gwede Mantashe has criticised Nedbank chairperson Reuel Khoza for his comments about a lack of leadership in South Africa.


S&P downgrade big blow for SA - Old Mutual

2014-06-15 12:52

The longer-term outlook of Standard and Poor's downgrading is concerning as South Africa is only one notch above "junk" status, says a chief investment strategist.

Old Mutual sales up by a quarter

2014-05-15 09:15

Financial services group Old Mutual's gross sales were up 24% in the first three months of 2014 on a constant currency basis, ahead of expectations.

Why pay tax on a loan from a pension fund?

2014-04-24 16:26

A Fin24 user is surprised to find out that he must pay tax on an outstanding loan amount, taken from his pension fund, now that he has resigned.

Pravin vs Manuel

2014-03-04 18:39

The economy is stuck in second gear since Pravin Gordhan came in, says Dave Mohr.

Old Mutual profit growth flattened by currency hit

2014-02-28 13:34

London-listed financial services group Old Mutual has seen a 15% rise in profits in 2013 on the back of robust sales wiped out by a foreign exchange hit from its core South African market.

Debarred adviser: Old Mutual wants money back

2014-02-05 12:39

Documents filed at the Port Elizabeth High Court shows Old Mutual paid the now debarred financial adviser James Stern R1.7m to entice him to join its ranks.

Extra savings for retirement

2014-02-04 15:09

A Fin24 user wants to know how much more he has to save in order to have the same income once he retires in about 15 years' time.

Old Mutual debars 'top' financial advisor

2014-01-20 15:38

Old Mutual has debarred a "top" financial advisor, because "he does not comply with personal character qualities of honesty and integrity".

Your most important new year's resolution?

2014-01-06 14:00

You're spending lots of money with it being the silly season and all, but it can be detrimental to your savings.

Old Mutual lifts assets on markets boost

2013-11-06 10:16

Financial conglomerate Old Mutual says its assets have risen 14% in the year to date, boosted by rising markets and positive client net cash flows.

Old Mutual launches indigenisation shares

2013-10-07 15:30

Old Mutual Zimbabwe has started trading B class shares issued under the indigenisation and empowerment programme to selected institutions and individuals.

Old Mutual forges ahead with Zim empowerment

2013-09-12 11:06

Old Mutual's indigenisation plans for its Zimbabwean operations are in full swing after it ceded a 3.5% stake to a consortium led by a former MD.

Education savings dip as consumers suffer

2013-07-05 10:22

Parents are cutting back on savings for their children’s education as rising costs put pressure on already cash-strapped South Africans, a survey shows.

Old Mutual makes Ghana acquisition

2013-06-04 14:13

Old Mutual is to expand its African presence through the acquisition of a majority stake in Provident Life Assurance Company in Ghana‚ the company says.

Old Mutual's funds grow on equity market

2013-05-09 11:27

Old Mutual has reported growth in funds under management for the first quarter that outpaced market forecasts, supported by buoyant financial markets.

Cavendish Nouveau closing date change error

2013-01-07 16:46

Ster Kinekor has retracted an earlier statement that said the closure of the Cavendish Square Nouveau has been brought forward to 13 January.

Old Mutual to sell US affiliates

2012-10-12 11:43

Old Mutual Asset Management, a US-based global asset management business of Old Mutual, has entered definitive agreements to sell five of its US affiliates.

Old Mutual appoints new CEO in Zim

2012-09-13 17:11

Old Mutual has appointed Mr Jonas Mushosho to succeed Mr Luke Ngwerume as group chief executive of its Zimbabwe operations, reports allAfrica.

Old Mutual shines on Nedbank strength

2012-08-08 09:32

Insurer Old Mutual has posted a 12% rise in first-half profit helped by Nedbank's strong performance, and plans to expand across sub-Saharan Africa.

Affordable private education deal signed

2012-07-03 17:35

JSE-listed private education firm Curro Holdings has signed a deal with Old Mutual and the PIC to expand private education to those who cannot afford it.

Old Mutual sales get emerging market lift

2012-05-10 12:21

Insurer Old Mutual has reported better-than-expected quarterly sales, as growth in emerging markets partly offset a downturn in economically troubled Europe.

Old Mutual profit up on Nedbank strength

2012-03-09 10:05

Old Mutual has reported a 14% profit rise on cost cuts and strong growth at Nedbank.

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