Business & Financial

Business & Financial

Financial indicators...

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Persfin
  • Fee of 25 percent of trust's interest earnings was an error - law firm
    A reader, Ms L, earlier this year complained to Personal Finance that a testamentary trust established on the death of her father in 1998 was subject to unacceptable charges by a Cape Town-based law firm, Millers Incorporated. The only beneficiaries of the HL Will Trust were Ms L and her younger brother. Ms L's father appointed her and lawyer David Gruss, a director of law firm Gruss Katz, as the co-trustees.
  • Huge jump in your medical costs
    Investment income kept most medical schemes in the black last year, despite the shortfall between contributions and claims.
  • How to ... use credit life assurance
    It is extremely important to have life assurance to cover debt should you die, become disabled or are retrenched, but speciality consumer credit life assurance has a history of exploiting consumers. In the ninth part of our "How to" series on life assurance, we cover the important things you need to know about credit life assurance.
  • How to ... use disability cover
    Disability assurance is one of the most problematic areas of life assurance, accounting for most of the complaints submitted to the life assurance ombudsman each year. In the eighth part of our "How to" series on life cover, we look at the different types of disability assurance and the important issues you need to know.
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