03 Sep 2020
Real-time planning tool gives meaning to integrated wealth planning

According to the EY Future Consumer Index, 42% of respondents believe that the way they purchase goods and services will fundamentally change…

Real-time planning tool gives meaning to integrated wealth planning

According to the EY Future Consumer Index, 42% of respondents believe that the way they purchase goods and services will fundamentally change as a result of the COVID-19 pandemic. The report revealed that 34% of consumers would be prepared to pay more for local products, 25% more for trusted brands and 23%…

06 Aug 2020
Old Mutual Wealth expands tax-free options with tailored fund portfolios

Investors targeting a specific investment goal or wanting to diversify their investments offshore will be pleased to know that Old…

Old Mutual Wealth expands tax-free options with tailored fund portfolios

Investors targeting a specific investment goal or wanting to diversify their investments offshore will be pleased to know that Old Mutual Wealth Tailored Fund Portfolios (TFPs) can now be used for tax-free savings. TFPs are the Discretionary Fund Management offering by Old Mutual Wealth that creates and manages a range…

22 Jul 2020
Why you should avoid raiding your retirement fund in a crisis

By: Gerhardt Meyer CFP®, Head of Technical Support, PSG Wealth Most of us will experience some unforeseeable crisis during our…

Why you should avoid raiding your retirement fund in a crisis

By: Gerhardt Meyer CFP®, Head of Technical Support, PSG Wealth Most of us will experience some unforeseeable crisis during our lifetimes. Life is, after all, riddled with uncertainties, as is evident from the current pandemic. If you should lose your job or have your income reduced considerably, how do you…

09 Apr 2020
10 tips to (financially) survive retrenchment

It’s arguably one of the worst moments in anybody’s life. Retrenchment is just plain unpleasant, regardless of how much your…

10 tips to (financially) survive retrenchment

It’s arguably one of the worst moments in anybody’s life. Retrenchment is just plain unpleasant, regardless of how much your company or organisation has tried to support you or minimise the emotional blow.

02 Apr 2020
COVID-19 – Making sure medical aid, savings and risk benefits are covered

The COVID-19 pandemic has placed additional financial pressure on South Africans. If you are being retrenched or having your hours…

COVID-19 – Making sure medical aid, savings and risk benefits are covered

The COVID-19 pandemic has placed additional financial pressure on South Africans. If you are being retrenched or having your hours cut, you might be pondering your options on pausing or cancelling retirement fund or medical aid payments.

17 Mar 2020
Money Smart Week South Africa postponed

Given the accelerated spread of COVID-19 in South Africa, and in support of government’s decision to stop any public gathering…

Money Smart Week South Africa postponed

Given the accelerated spread of COVID-19 in South Africa, and in support of government’s decision to stop any public gathering of more than 100 people; the organizing committee for Money Smart Week South Africa 2020 (MSWSA 2020) has, after much consideration taken the decision to postpone this event until later…

05 Feb 2020
Tax free savings account or retirement annuity?

The TFSA was introduced by the National Treasury to encourage South Africans to save

Tax free savings account or retirement annuity?

The TFSA was introduced by the National Treasury to encourage South Africans to save

18 Dec 2019
Facing the facts around retrenchment

By Carrie Furman, assistant tax manager, Allan Gray. With the latest GDP growth figures showing that the economy contracted 0.6%…

Facing the facts around retrenchment

By Carrie Furman, assistant tax manager, Allan Gray. With the latest GDP growth figures showing that the economy contracted 0.6% in the third quarter, SAA heading into business rescue, and the problems at Eskom persisting, it looks like we are in for a difficult year ahead. This suggests that the…

18 Dec 2019
Don’t get wrapped up in holiday spending

December is a time when people tend to spend more due to the summer holidays, the festive season, travelling, driving…

Don’t get wrapped up in holiday spending

December is a time when people tend to spend more due to the summer holidays, the festive season, travelling, driving long distances and for those who prefer to stay at home, taking the go-slow to do some DIY around the house. Being financially prepared is vital as holiday expenses add…

04 Dec 2019
Finding financial balance

Communication through memes and emojis has become second nature to us and often capture humour and irony so perfectly that…

Finding financial balance

Communication through memes and emojis has become second nature to us and often capture humour and irony so perfectly that everyone can relate. So, this festive season, and during its aftermath, we are sure to be entertained by depictions of people taking financial strain. The reality is that these memes…

27 Nov 2019
The difference between saving and investing

By Jaco Prinsloo, Financial Planner at Alexander Forbes. As the year unwinds and we head into the holiday season, I…

The difference between saving and investing

By Jaco Prinsloo, Financial Planner at Alexander Forbes. As the year unwinds and we head into the holiday season, I know what you are thinking. Now is the time to spend and spoil yourself for a year of hard work – however this time of the year gives you a…

21 Nov 2019
Self-employed? Here’s how you can save for your retirement

“The most common mistake entrepreneurs make is confusing revenue with income,” says Ray Mhere, Johannesburg regional manager of Allan Gray.…

Self-employed? Here’s how you can save for your retirement

“The most common mistake entrepreneurs make is confusing revenue with income,” says Ray Mhere, Johannesburg regional manager of Allan Gray. “Another mistake they make is not paying themselves a regular salary, which can negatively impact their long-term ability to invest.”

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za