Category Archive: 3.) Investec
Swiss government approves post-Brexit deal on treatment of UK and Swiss nationals
Today, The Federal Council, Switzerland’s executive, announced it has approved a deal safeguarding the rights of Swiss and UK citizens after Brexit. The agreement is part of a package of deals being worked out as part of a plan dubbed “Mind the Gap”. Under the agreement, any UK citizen residing in Switzerland before Brexit will retain all of their existing rights for life.
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Switzerland could see vote on laws banning age discrimination
Heidi Joos, the managing director of the organisation Avenir 50 plus, and others, plan to launch a referendum aimed at introducing laws against age discrimination in Switzerland. Age discrimination in recruitment is common in Switzerland. Some job search websites allow filtering by age, and job adverts sometimes specify applicants be below a particular age.
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Swiss Supermarkets Selling Products with no Country of Origin on Label
For example, a piece of farmed salmon will typically be labelled only with its country of origin, containing no information on what the fish has been fed. Contaminated fish feed can significantly push up the level of dioxins found in the fish’s fat. Mad cows disease is another example of how animal feed contaminated food.
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How to Harvard – A Day in the Life of Dean Benjamin
What if you had the opportunity to design the way you want to live your future life? That’s what Dean Benjamin is doing. Meet the proudly South African young professional and UCT alumnus passionately pursuing his two-year MBA at the iconic Harvard Business School. Watch a compelling video diary of life on its prestigious Boston …
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How to #AceAdulting by taking care of your overall wellness
What does wellness really mean? In the next episode of the #AceAdulting series, Investec brand ambassador, Maps Maponyane, and his adorable co-host, Lwando, talk about why staying healthy is more than just eating right and taking your medicine. Lwando shares four insightful tips – one involves trees. You don’t want to miss it! Follow Maps …
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No Relief for Swiss Renters as Mortgage Rates Barely Move
Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. The last time it dropped was 2 June 2017 when it fell to 1.5%, its lowest level since 2008.
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Inflation outstrips Swiss salary increases
The latest figures show that Swiss salaries have not kept up with inflation. An average Swiss salary rose 0.4% in 2017, compared to inflation of 0.5%. This left the average salary earner 0.1% worse off in real terms over the year.
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Climate Change Contributes to Surprise Fall in Swiss GDP
Third quarter Swiss GDP figures released yesterday show Switzerland’s economy shrank compared to the quarter before. GDP for the quarter to September was down by 0.2% compared to the quarter before, ending an 18-month run of quarterly growth.
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Swiss gender pay gap compared to rest of Europe
A recently published study ranks Switzerland 10th on gender pay gap. Switzerland’s gap of 17% is bigger than Italy’s (5.3%), Luxembourg’s (5.5%), Belgium’s (6.1%), Sweden’s (13.3%), Spain’s (14.2%), Denmark’s (15%), France’s (15.2%) or the Netherlands’ (15.6%), but lower than Finland’s (17.4%), Portugal’s (17.5%), Austria’s (20.1%), the UK’s (21%) or Germany’s (21.5%).
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Switzerland’s electronic motorway vignette to be optional
This week, Switzerland’s Federal Council decided the planned electronic motorway vignette will be optional. Drivers will be able to choose. Anyone wanting to drive on Switzerland’s motorway network must first buy a vignette, a road tax sticker introduced in 1985, which must be displayed on the windscreen. It currently costs CHF 40.
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Swiss Unemployment Benefits Cut for a one-day filing delay
Switzerland’s unemployment benefits might be generous but they are strictly policed, as one recipient recently discovered. For a period of up to approximately two years after losing a job, most workers in Switzerland receive 70% of their former salary up to a maximum of CHF 88,200 a year – the amount paid varies depending on circumstances1.
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Minimum return on Swiss pensions unchanged
A government commission looking at the rate, called for a reduction to 0.75%, while unions demanded a rise to 1.25%. In the end the Federal Council decided to take the middle road and leave the rate at 1% for 2019. The rate is the minimum pension funds must apply to employment related 2nd pillar pension assets in 2019.
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Switzerland’s rising rate of farm suicide
The high and rising suicide rate among Switzerland’s male farmers stands in contrast to the declining rate among rural men working in other professions, according to a new study by the University of Bern published by the newspaper SonntagsZeitung. The rate among rural men working outside farming is 33 per 100,000, compared to 38 per 100,000 among farmers, a rate that has risen since 2003.
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In The Lift at Investec with the All Blacks and Bryan Habana
“I have dreamt about this day, guys!” Things get Out of the Ordinary in a lift at Investec…ft. the All Blacks, Bryan Habana and Cindy Poluta.
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New Swiss broadcasting fee starts next year
After a referendum in March 2018 threatened to axe Switzerland’s costly broadcasting fee, the government put forward a counter proposal, which was adopted when 71.6% of voters voted to keep the fee. On 1 January 2019, the lower fee contained in the government’s plan will come into force. Next year, instead of CHF 451, each household will need to cough up CHF 365.
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Brian McMillan unpacks the Investec Euro Stoxx50 Digital Plus
Brian McMillan of Investec discusses the Investec Euro Stoxx50 Digital Plus Structured Product.
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Geneva Aims for a New Company Tax Rate of 13.79 percent
According to bilan.ch, Geneva’s Council of State, or executive, has put forward a proposed corporate tax rate of 13.79% as part of its tax reform project, work triggered by international pressure on Switzerland and its cantons to remove preferential tax treatment for certain international companies.
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How to Run a Swiss Business – a Guide to 7 Essential Tasks
Businesses that employ people, including independents, must pay social insurance taxes. These are administered by compensation funds and rates vary slightly by fund and canton, but are around 15% of salaries. The rate for independents is lower.
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Investec Australia | Splend
Splend is the leading ridesharing vehicle solutions provider in Australia which offers fully maintained and flexible vehicle options to ridesharing drivers
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