WEALTH WATCH
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One of the pleasures of reviewing the life insurance statistics used to be the chance to interact with Peter Dempsey. This consummate diplomat, who used to run Old Mutual’s broker distribution, has hung up his shingle in Plettenberg Bay. His last job was as deputy CEO of the Association for Savings and Investments SA (Asisa), the lobbying group for life offices and asset managers. Whether there is some kind of Buggins’-turn arrangement is uncertain, but the new spokesman on the life stats is Hennie de Villiers, the No2 in the core Sanlam life business. He is a different kettle of fish from Dempsey, more plain spoken and less subtle in his ambition. It is surprising given the way Ian Kirk drives his people at Sanlam that De Villiers has time to sleep, let alone for something as ceremonial as an Asisa committee. Nevermind SA’s love affair with the Outsurance pointsmen, its love affair with life insurance has been even longer. The country’s best teams of door-to-door salespeople have b...
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