Life assurance companies will be redoubling their efforts to track down the thousands of people who have money owing to them from life policies. The Association for Savings & Investment SA says there is a substantial amount of money – it could be billions of rands – in unclaimed benefits from life assurance policies. Personal Finance reports on how life companies intend to trace those to whom the money is owed. We also tell you what you can do to ensure your life policy benefit is actually paid out to your beneficiaries.
Also in our weekend print edition:
* Attorneys Fidelity Fund will get the interest earned on money you entrust to a conveyancer if proposed law is enacted.
* What makes a will valid.
* Why you need to audit your personal finances regularly.
* Companies that provide services to retirement funds must measure up to standards of corporate governance.
Personal Finance is published every Saturday in the Pretoria News Weekend, the Saturday Star, The Independent on Saturday and the Weekend Argus.