The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
It is time for legislators to reassess the state of retirement savings in South Africa and chart their own course, says Rowan Burger.
Ahead of the mini budget later this month, Momentum says the SA Revenue Service faces shortfalls in personal income tax, corporate income tax and VAT.
After a year that saw Momentum plunged into an imbroglio for initially failing to pay a widow out from her slain husband’s policy, the company is facing legal action from another customer.
Momentum said on Thursday that it had since paid out millions of rands to families of murdered policy holders whose claims were initially rejected.
SA households saw a total of R449.8bn of wealth wiped out between in 2018, according to the latest Momentum Unisa Household Wealth Report.
Notwithstanding the fact that Eusebius McKaiser’s attitude and treatment of the Momentum CEO Hillie Meyer was an absolute disgrace, his knowledge of the bigger picture and handling of the situation displayed serious professional shortcomings.
Mandy Wiener unpacks the anatomy of a PR crisis.
After expressing disappointment in the way Momentum had handled a life insurance claim of a client, Treasury Deputy Director General Ismail Momoniat has welcomed the insurer's decision to change its policy stance.
Momentum announced on Tuesday afternoon that it would pay out the death benefit to the widow of a slain policy holder.
Financial services and insurance group Momentum says it will reimburse the life insurance premium of a Durban man whose policy payout it rejected on the basis that he failed to disclose an existing health condition.
By James Klempster, CFA. Director: Investment Management, Momentum Global Investment Management.
The study found that, generally, women tend to take a longer-view perspective and trade less frequently. Momentum's Florbela Yates unpacks five ways to invest better - whoever you are.
The Momentum/Ganas case, which caused public outcry when the insurer refused to pay out a claim, has prompted the Ombudsman for Long-Term Insurance to recommend government intervention.
Group disability insurance in South Africa is highly commoditised. As such, purchasing decisions are often largely driven by price, says an expert.
MMI Holdings has announced that Thinus Alsworth-Elvey, the chief executive of Momentum Corporate, has tendered his resignation.
Following Momentum's policy change after the death of policy holder Nathan Ganas, here are some tips from insurance experts to ensure you're adequately covered.
Momentum is so far reviewing life insurance claims dating back to 2016, which it had rejected due to non-disclosure.
Momentum on Tuesday evening announced that it would be paying out a death benefit to the widow of its slain policy holder Nathan Ganas.
Momentum Life CEO Johann le Roux says that, based on the outrage following the insurance company's rejection of a R2.4m payout, it is clear that the public is not as informed as they would have hoped.
Momentum is sticking to its guns despite outrage over its rejection of a R2.4m life insurance payout for a Durban man who was shot dead, but allegedly did not disclose that he had high blood sugar.
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