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Cogence appoints its first CEO and expands its presence to four investment platforms

Cogence appoints its first CEO and expands its presence to four investment platforms

South Africa’s first truly global discretionary fund manager (DFM), Cogence, announces Jonel Matthee-Ferreira at its first Chief Executive Officer effective 2 January 2024. Cogence is the first South African DFM making leading global fund research and insights available to local advisers through a powerful collaboration with BlackRock, Discovery and RisCura.

Discovery Health Medical Scheme announces 2024 contribution increase

Discovery Health Medical Scheme announces 2024 contribution increase

Issued on behalf of Discovery Health Medical Scheme (DHMS)
Please note that the announcement below in respect of the Discovery Health Medical Scheme 2024 contributions and/or benefits changes have been submitted to the Council for Medical Schemes and is subject to its approval.
Discovery Health Medical Scheme (DHMS) has announced a weighted average contribution increase across all benefit p

New to market: Discovery Bank announces home loans with up to 1.5% off interest rates

New to market: Discovery Bank announces home loans with up to 1.5% off interest rates

Discovery Bank has announced a ground-breaking new home loan product for clients in 2024. Through its established shared-value banking model that rewards people for making good financial decisions, Discovery Bank will give clients up to 1.5% off their home loan interest rate for engaging and managing their money well.

Discovery Life unpacks the hidden costs of winding up a deceased estate

Discovery Life unpacks the hidden costs of winding up a deceased estate

Even though just over 40% of South Africans have funeral cover, only one in 10 South African consumers has life insurance. If the deceased’s estate has a cash shortfall, the funeral and immediate costs may be taken care of, but there are no backup funds available to pay for winding up the estate itself.

Discovery Life making strides in closing the insurance gap

Discovery Life making strides in closing the insurance gap

There are multiple trends that compound to create a more complex financial planning environment for women. Because of persistent socio-economic inequality, women face a large insurance gap. With this context in mind, Discovery Life has built life insurance products which specifically cater to these challenges and risks.

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