South Africa is set to introduce a significant reform in its retirement funding system with the implementation of the ‘Two-Pot system’1. The Two-Pot system aims to address several key issues within the current retirement savings framework by balancing the need for long-term savings with the need for short-term financial flexibility, addressing both immediate financial pressures…
South African businesses have a strong history of successfully expanding their operations offshore and becoming well renowned global businesses. This has been done to access growth opportunities in offshore markets and to diversify away from a lower growth and higher risk domestic environment. While some companies have achieved success in their offshore pursuits, there are…
For many investors keeping track of their portfolios is an anxious pursuit. Markets seem to behave in a non-sensical way at times, with any manner of factors causing anguish. Inflation expectations, GDP growth, sentiment, the oil price, central bank policy, debt levels, company mergers and acquisitions, cases of fraud and market disruption. These are all…
There has been a lot of fear mongering by the media and by those with agendas around the matter of policy reforms regarding Retirement Funds. Below we are sharing an article and response from Allan Gray’s team which provide a lot of clarity. Will prescribed assets be used as a policy tool? Sandy McGregor, Allan…
Dear Clients, While you may not already know, we are hoping that this letter will take a giant leap forward in emphasising our core WHY, or purpose, which is FINANCIAL WELLNESS. And what better way to show our commitment to Your, and Your Family’s, Financial Wellness, than by writing this High-Alert Message on Covid-19’s raising…
In this post we wish to share some of our favourite financial product solutions and strategies. 1. The Power of Rand-Cost Averaging – Drip-feeding money into an investment to get a better average price and smoother return Basically, instead of braving the virtually impossible task of perfectly timing an entry into the markets, an investor…
You can reduce the tax you need to pay and also earn tax free returns if you make use of the tax efficient tools available to you. In order to maximise the benefit, you need to invest before February 29th 2020. Here is a brief list of what’s available and the major benefits: Retirement Annuities…
An integral part of the financial adviser’s role is helping retired clients to draw a rising income from their investment portfolios. Most clients want to know that they will be able to live a dignified and independent retirement without sacrificing on the quality of life they grew accustomed to during their working years. However, the…
We’re nearing the end of the year and it’s time to think tax! And this time, it’s happy tax planning. The taxman doesn’t give us many breaks and when he does, we should embrace them. In this article, we remind you to plan well in advance for your RA and Tax-Free savings account top-ups. …
Sanlam has created a series of beautifully crafted videos on Life and Retirement. Do enjoy Conversation no 1 with Yourself which highlights the significance of all the little decisions we make along the way. It emphasizes the impact of choices such as ‘time off to find yourself’, the purchase of an overly expensive car and too much…