Author: Admin

How money is laundered and how terrorists are sponsored

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There are many ways of laundering money, sponsoring terrorism as well as manufacturing, acquisition and distribution of weapons of mass destruction in violation of national and international laws. This article aims to inform you, the consumer, of some of the ways these illegal activities are carried out. Money Laundering Techniques Money laundering involves taking illicit Read more about How money is laundered and how terrorists are sponsored[…]

Pension Backed Housing Loans – how do they work?

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Pension Backed Housing Loans (PBHLs) have become a very important part of the pension fund industry as they give members the chance to use their pension benefits/savings (fund credit) to buy immovable property such as houses, flats, apartments or land, or to make renovations to their homes. PBHLs have become popular in Namibia and are Read more about Pension Backed Housing Loans – how do they work?[…]

Important considerations when choosing

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medical aid fund benefit option is not a one-size-fitsall. You must consider the cover you need, how much money you can spend on contributions and whether a specific benefit option has any features that don’t suit you. Choosing the right medical aid cover for you and your family is very important. There are many options Read more about Important considerations when choosing[…]

Treating Customers Fairly (TCF)

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An overview of TCF Why treat the customer fairly? The irregularity of information between retail financial services consumers and financial institutions means that financial services consumers are particularly vulnerable to unfair treatment. Typically, financial institutions have far more expertise and resources available to them in designing, distributing and servicing financial products than consumers have available Read more about Treating Customers Fairly (TCF)[…]