ITINews - Insurance Times and Investments Online Press Office News - Auditors and Accountantshttp://www.itinews.co.zaThe complete South African Financial Services News and Information PortalCopyright (C) 2006editor@itinews.co.zawebmaster@itinews.co.zaenITINews RSS GeneratorETFs are low cost, but beware the downsidehttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=22599&itemid=39C2F794-C4BE-4F68-A13A-5C525BC21A49Exchange traded funds (ETFs) have become popular because of their low cost and simplicity - In addition, proponents of ETFs point out that the average active fund manager typically fails to outperform the market. editor@itinews.co.za (Sibongiseni Delihlazo )Mon, 30 Jan 2012 12:00:00 AM GMTDo you have the right risk cover?http://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=22599&itemid=A9AB5061-A4A4-4DDE-BBC0-3E27F89EB802Avoid taking a policy with investment and risk cover bundled together - The end of a year is a good time to check that you have the right risk cover for your needs, and put plans in place for the new year if you don't.editor@itinews.co.za (Sibongiseni Delihlazo )Tue, 29 Nov 2011 12:00:00 AM GMTDeloitte South Africa forms cutting edge partnerships with international insurance industry IT specihttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=21856&itemid=BF762F1D-32AE-4082-8BD5-9F5708CF1535The ability to run both life and non-life in one fully SOA enabled solution - Deloitte South Africa has formed partnerships with TIA Technology and edge IPK - both international leaders in the development and supply of specialised IT solutions for the Insurance and financial services sector, it was announced today.editor@itinews.co.za (Zintle Letlaka )Thu, 24 Nov 2011 12:00:00 AM GMTAdditional tax disclosure will increase enforcement riskhttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=22599&itemid=DF7803F7-3B6D-4E98-B295-C0725E87EB82SARS has now pushed the burden of reconciling information onto taxpayers - Company taxpayers, including Close Corporations, can now be asked to complete and submit supplementary information in order for SARS to verify their income tax return.editor@itinews.co.za (Sibongiseni Delihlazo )Tue, 22 Nov 2011 12:00:00 AM GMTFocus on the company, not the country when investing offshorehttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=22599&itemid=2E5D9891-DBD7-4008-9D89-1C43602CC2DCDon't make currency your sole reason for taking offshore exposure in your portfolio - Investors looking for offshore exposure are too focused on top-down issues such as a country's overall economic and political situation, says Marius Fenwick, Chief Operating Officer at Mazars Financial Services.editor@itinews.co.za (Sibongiseni Delihlazo )Mon, 21 Nov 2011 12:00:00 AM GMTCollaboration key to SA companies successfully operating in Africahttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=21727&itemid=AE1F89FE-8962-4F70-B42B-C0AAC19B2ED6First-mover advantage is a key factor in the success of brands in Africa - In order to avoid losing out on potential returns gained from investment in Africa, South African companies need to collaborate with each other, as well as national government and key trade and industry bodies, to create mutually beneficial investment climates. editor@itinews.co.za (Lucia Tvrz )Thu, 22 Sep 2011 12:00:00 AM GMTGlobal banks expect impairment accounting proposals to improve financial statementshttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=21856&itemid=BA9DFF7A-47DF-4960-AE78-827E33AA5372It is likely that regulators would find the detail most useful - A majority of banking groups believe that IFRS 9 impairment accounting proposals will improve financial statements, in comparison to those prepared using current IAS 39 rules, according to Deloitte, the business advisory firm. editor@itinews.co.za (Zintle Letlaka )Tue, 02 Aug 2011 12:00:00 AM GMTRevised Regulation 28 - Are you ready?http://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=51&itemid=63C02730-9B12-4CA0-9113-73D79A2E04E9Perceived general lack of investment expertise amongst Boards of Trustees - The revised amendments to Regulation 28 of the Pension Funds Act are likely going to be more onerous for the industry to comply with.editor@itinews.co.za (Jessica Chadinha)Tue, 12 Jul 2011 12:00:00 AM GMTAsset management confidence has remained more or less in sync with equity marketshttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=21727&itemid=17EB90E3-1610-41E0-9265-B323F87BC0A9Decline in confidence can be attributed to a considerable drop in institutional net inflows - A survey released by Ernst & Young today, indicates that confidence in the asset management industry slipped again in the second quarter of 2011.editor@itinews.co.za (Fathima Naidoo )Thu, 07 Jul 2011 12:00:00 AM GMTErnst & Young acquires Quindiemhttp://www.itinews.co.za/companyview.aspx?cocategoryid=89&companyid=21727&itemid=E2ABE8BF-B6E2-4969-AE8F-460E3D8602E1Growth strategy and investment plan in Africa - Ernst & Young today announced that it has acquired Quindiem, an actuarial consulting firm. editor@itinews.co.za (Fathima Naidoo )Wed, 29 Jun 2011 12:00:00 AM GMT