Personal Finance has compiled a package of stories to help you make informed decisions about your medical scheme cover. Read "Middle options keep top ones afloat", "The strong offer better protection" and "Go for the option that suits your lifestyle", among others. Illustration: Colin Daniel
Broker pays the price for not submitting forms promptly2008-11-15 The financial services ombud has ordered an insurance broker to compensate the owner of a trucking company because the broker's failure to submit completed insurance application forms to the underwriter left the owner out of pocket after an accident.
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Rules must guide trustees' benefit payout decisions2008-11-15 Retirement fund trustees need to apply their minds and stick to the fund's rules when reaching decisions, Mamodupi Mohlala, the Pension Funds Adjudicator (PFA), says in her latest determinations.
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In our weekend print edition:
New research shows that many pensioners with investment-linked living annuities are drawing down dangerously high levels of their capital that could result in them being destitute later in their retirement. Personal Finance reports on why even the recommended drawdown rates may be too high and the risks the current global financial market meltdown pose to living annuity pensioners.
Also in our weekend print edition: Latest rulings shed some light on how the Pension Funds Adjudicator will deal with a flood of complaints about fund administrators that made secret profits.
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