THE USE OF ADDITIONAL VOLUNTARY CONTRIBUTIONS OR OTHER PRODUCTS TO BOOST YOUR RETIREMENT INCOME ue to the advancement in medicine, today the average person is expected to live longer than in the previous century. On the other hand, one’s productive (working) period is usually limited to one’s employable years. In Namibia the average retirement age Read more about PENSION FUND[…]
SUSPICIOUS TRANSACTIONS/ ACTIVITIES REPORTS The reporting of suspicious transactions or activities is one of the most effective measures to fight against money laundering and prevent the financing of terrorism. This means that the more that Suspicious Transaction Reports (STR’s) and Suspicious Activity Reports (SARs) are submitted to the Financial Intelligence Centre, the less risk is Read more about SUSPICIOUS TRANSACTIONS[…]
Although it is common practice for these two terms to be used interchangeably, there are, in fact, differences between a medical aid fund business and a medical or health insurance business. The most significant point of divergence between these two industries is the fact that the short and long-term insurers operate for profit, sharing risks Read more about THE DIFFERENCE BETWEEN A MEDICAL AID FUND AND MEDICAL / HEALTH INSURANCE[…]
CAUSES OF COMPULSIVE BUYING DISORDER Compulsive buying disorder is an uncontrollable desire to buy, resulting in excessive, expensive and time consuming retail activities. In our previous edition (June 2015), we focused on how to identify a compulsive buyer. Log on to our website to catch up, (www@namfi sa.com.na). In this edition, we will look at Read more about SHOWCASE STORY: COMPULSIVE BUYING DISORDER[…]