MoneyMarketing

Industry News

11 Mar 2024

Budget 2024: Opportunities for financial planning and advice

By: Francois du Toit, CFP®, PROpulsion The Budget for 2024/25 was a sobering reflection of the economic challenges facing South Africa. It aimed to balance fiscal consolidation, debt reduction, revenue mobilisation and social spending, while also addressing some of the long-standing structural issues in the financial sector. Budget overview There’s no broad relief for taxpayers...
11 Mar 2024

Change your TFSA investment cycle to March

By: Mike Titley, Business Development and Marketing at Laurium Capital There are two certainties in life: death and taxes. The South African government has given you a pass on one of these, and it is not death. History shows, by proactively investing in a Tax-Free Savings Account on 1 March each year, instead of waiting...
08 Mar 2024

Making alternatives more accessible

By: Sandy Welch, Acting Editor, MoneyMarketing Westbrooke Alternative Asset Management is on a mission – to provide access to the global world of alternative investment funds to South African clients. These investors may not all live in South Africa any longer, but they are connected to the country in some way. “We’re focused on what...
08 Mar 2024

Reimagining tax year planning – early bird catches the worm

By: Fränzo Friedrich, Head of Marketing at Momentum Investments Forget the end-of-year scramble to max out tax benefits with top-ups to retirement annuities and tax-free investments (also known as tax-free savings accounts). As the saying goes, the early bird catches the worm. Let’s flip the script this year, advocating for a proactive approach right from...
08 Mar 2024

Earning Less, Owing More: The Gender Pay Gap's Toll on SA Women

By: Sebastien Alexanderson, Head of National Debt Advisors While the negative effects on women, especially those from working-class backgrounds, are significant and multifaceted, the scourge of the gender pay gap continues to affect many women with Statistics South Africa confirming a roughly 30% pay gap across industries. Unpacking this issue during International Women’s Month Head of National Debt...
04 Mar 2024

Professional Fund Analysis Made Easy

FE fundinfo, in conjunction with ProfileData, is a leading provider of investment data to the financial services industry, supplying data to advisers, fund groups and financial trade publications. ProfileData’s solution, Fund Analytics, helps you save time by not having to trawl across multiple data sources. Being truly independent means ProfileData is free from bias and...
04 Mar 2024

How do you provide for the needs of your clients?

By: Florbela Yates, Head of Equilibrium The Equilibrium Range of local and global model portfolios have been designed to help clients meet their personal investment goals. The range caters for a variety of different needs ranging from income to capital preservation all the way to aggressive capital growth. When designing portfolios, we considered that some...
01 Mar 2024

Santam records resilient performance for 2023 financial year

Santam, South Africa’s largest general insurer, has achieved a resilient performance for the 2023 financial year, with the group recording a 6% Net Earned Premium growth rate, an increase of 64% in net income attributable to equity holders and a 28.5% return on capital. The group’s diversification across market segments, insurance classes and geographies enabled...
01 Mar 2024

The next step on your career ladder

By: Gerrie van der Merwe, HOD: Financial Planning –  School of Financial Services There are many ways to start a career in the financial services industry: in telesales, as part of a learnership programme, as an administrator, or by joining an internship programme hosted by a financial planning practice. Regardless of how you begin, you...
01 Mar 2024

Offshore investing risks in 2024

By: Michael Moyle, Head of Multi-Asset at M&G Investments At M&G Investments, we don’t pretend to have a crystal ball to be able to forecast the future, instead building our portfolios based on current asset valuations. In our view, these valuations are telling us that South Africa is the place to be in 2024, rather...

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