http://www.702.co.za Talk Radio 702 - The Podcasts en-us 2006 18 March 2010 2 702webmaster@702.co.za Paul Roelofse and independent legal consultant Erica Nieuwoudt talked about the latest developments in the South African retirement funds industry and their likely impact on your pension fund investments. The team also speaks about the process of claiming a retirement fund and how it can be simplified, the responsibilities of trustees in making sure that you understand fully where your retirement fund is put. Also on the show was a discussion on what your rights are as a retirement fund member and what happens to your pension fund when you die. 18 March 2010 Paul Roelofse and the directors of investonline.co.za Rod Lowe and Nick Brummer spoke about investonline.co.za, an online investing portal that was launched recently and how it is different from the traditional channels of investing. They also talked about the benefits of investing online, how the portal enables you to invest in a comprehensive range of unit trusts in a cost-effective, convenient and user-friendly way. Also on the show was an explanation about risk profile and how it measures your specific investment needs, as well as the minimum monthly amount charged for the service. 11 March 2010 Paul Roelofse and Stanlib investment specialist Melissa Dyre spoke about the different investment products available if you have some surplus money to save. They also spoke about what unit trusts are and the benefits of investing in them, looked at offshore unit trust investment versus local investment, and things to consider before taking money offshore. Also on the show was a discussion on an asset swap investment facility and how it works to your advantage, the difference between exchange traded funds and unit trusts, as well as things that you need to consider before putting your money in equities. 04 March 2010 Paul Roelofse and Alexander Forbes insurance managing director Gari Dombo spoke about the dos and don’ts of insurance claims and how loyalty to your insurer pays when it comes to paying out claims. They also talked about whether your claim can be rejected on the basis of under-insurance or over-insurance, the standard practice when it comes to insuring items like jewellery, as well as whether your vehicle can be insured for business or private use. Also discussed why it is important to revisit your insurance package time and again in order to understand what is and what is not covered, as well as how your claims can drive up your insurance premiums. 25 February 2010 Paul Roelfse and Discovery Head of Legal Services and Tax Specialist Harry Joffe highlighted parts of the budget speech which has implications for our daily lives. Much focus was on medical aid schemes and benefits (the tax credit system). The team also spoke about transfer duties, interest rates, and the carbon emissions tax on new motor vehicles as well as retirement savings plans. 18 February 2010 Paul Roelofse and Liberty Life Group executive of legal and regulatory affairs Leanne Dewey spoke about the Financial Advisory and intermediary Services Act (FAIS ACT) and how it protects you as a consumer from an unscrupulous financial advisor’s behaviour. They also talked about the new financial advisor’s fit and proper standards that were added to the act recently, and the recognised qualifications that one must have before being considered a competent financial advisor. Also on the show was a discussion on how you can get a good financial advisor, how one gets accredited as a financial advisor, and the fees that financial advisors are supposed to charge their clients. 11 February 2010 Paul Roelofse and Investec investment specialist Steve Watson spoke about the 2010 FIFA World Cup and the potential economic implications. They also talked about the potential investment opportunities that the event will present to you as an investor; the role that the hospitality industry will play in boosting the country’s economy; and the long term growth effects. Also discussed on the show were ways of measuring the event’s anticipated growth from the market’s point of view and how emerging markets are going to be a good investment during the World Cup event. 04 February 2010 Paul Roelofse and the Managing Director of exchange traded funds South Africa (ETFsa) Mike Brown spoke about what exchange traded funds (ETFs) are all about and how the newly-launched platform makes it easier to invest in the funds. They also talked about the cost structure of ETFs investment, the difference between ETFs and unit trusts and the borrowing costs involved. Also discussed on the show are dividend payouts of ETFs, tax implications involved if one invests in the funds for a longer period, as well as the risks of investing in the funds. 28 January 2010 Paul Roelofse and Tony Richards, Director at the debt counseling company Octogen spoke about some tips on how to buy a car responsibly without incurring unnecessary costs that will hurt your pocket in the long run. They also spoke about how the bank can penalise you if you pay your car before the repayment period lapses; the cost implications involved if you buy a car on residual; and whether a car deposit makes any financial sense. They also gave advice on which one to pay off first between a house and a car and things to consider before refinancing a car. Also discussed is the appropriate time to replace a car. 21 January 2010 Paul Roelofse and Old Mutual South Africa Head of Marketing Research Lynnette Nicholson gave us some tips on how to save money this year looking at a research that was conducted. The Savings Monitor found that South Africans have poor saving habits and the trend of not saving seems to be getting worse. 14 January 2010