10/20/2016

South Africa’s Inkunzi launches new robo-adviser app

UK robo-advice website Nutmeg, investing with the IWGSA is based on a seven-minute questionnaire which combined with the firm’s algorithm suggests investment options alongside relevant financial advice.

10/13/2016

Sanlam combines DFM and advice arms

The South African insurer says that the restructure is part of a plan to provide “holistic advice, investment and asset management” in the UK.

10/13/2016

Wealthy give away R7bn

Nedbank surveyed 400 HNV individuals - these are individuals who earn at least R1.5 million a year or own investable assets of over R5 million excluding their primary residence.

09/20/2016

Old Mutual may shelve plans to list wealth management unit

Old Mutual boss Bruce Hemphill’s plans then current plans were to pursue a wider break-up, including demerging its wealth, asset management and emerging-markets units as well as South African-based lender Nedbank Group.