Our newsletter will keep you informed about your financial planning and strategies for wealth creation and protection. We provide you with regular news and market updates, as well as insight into general and topical financial issues.
PERSONAL FINANCE
Alexander Forbes does 'the right thing'
06 Feb 10, 05:02:01
Retirement fund administrator Alexander Forbes has made a substantial offer to resolve a R950-million claim against it for its role in the allegedly fraudulent stripping of surpluses of retirement funds in the 1990s, reducing the retirement benefits of thousands of members and pensioners.
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Bonitas trustees hope to avoid curatorship
06 Feb 10, 05:02:01
The principal officer of the country's third-largest medical scheme, the Bonitas Medical Fund, has resigned and its board of trustees is expected to offer to resign after the scheme became the subject of a court application to place it under curatorship following irregularities involving millions of rands of members' money.
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ECONOMY
Menendez Prodded Fed to Aid Lender
09 Feb 10, 06:02:51
Sen. Robert Menendez wrote to the Fed last July asking it to approve a bank takeover that would have kept two of his campaign contributors from losing their investments in the ailing bank.
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L.A. Scrambles to Patch Budget Hole
09 Feb 10, 03:02:58
City officials are considering cutting 1,000 jobs and rolling back services as they struggle to plug a $200 million deficit by July
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