Beplanning onderwerpe
By Wendy MyersDiversification is one of the investment world’s most long-standing watchwords – and for good reason. As a risk mitigation strategy, diversification is one of the most effective ways to bolster a portfolio against factors like market volatility, concentration risk and inflation. And…
Brad Winstanley The traditional concept of retirement has evolved significantly. While the notion of bidding a sudden farewell to the workforce and embracing leisure in its entirety has given way to a more gradual and sustainable approach - today, many individuals find themselves grappling with the…
South African medical schemes increased their beneficiaries from 8.9 million in 2021 to 9 million in 2022 (about 1.1%). This is in line with South Africa’s annual population growth rate of roughly 1%, meaning that the proportion of the country’s population covered by medical schemes (15%) remains…
By: Brian RushmereIn the ever-evolving landscape of global finance, the year 2023 unfolded with a series of events that sent ripples across various sectors, reshaping the dynamics of investment and market performance.There were some surprises, some lows and many lessons learnt as we took stock of…
The world of finance is awash with terms that can be intimidating for the lay investor. Personal Finance has always aimed at cutting through industry jargon to explain finance in language you can understand. However, if you’re interested in investing and want to take your interest to the next level…
IMPLEMENTING a basic income grant (BIG) can reduce poverty, inequality and boost economic growth and employment, according to an Applied Development Research Solution (ADRS) and the Institute for Economic Justice (IEJ) report.The report, titled Macroeconomic and Developmental Impacts of Selected…
By Munya ShumbaLet’s start by recalling what Jan-U-Worry is. In most parts of the world, typically in December, one of two things tends to happen: many employees are paid earlier than usual during this period; and for employees fortunate enough to have the opportunity, most 13th cheques are paid…
By Karen Rimmer2023 presented its fair share of challenges for consumers and insurers alike. Tough economic conditions and several adverse macro-events contributed to a sustained hard market, characterised by higher premiums and stricter policy and underwriting parameters. In addition, rising…
The recent ruling by the Competition Appeal Court (CAC) dismissing the case against the majority of the 28 banks accused of colluding to manipulate the rand highlights an alarming lack of transparency within the banking sector and raises serious concerns about the efficacy of regulatory oversights.…
People like to travel and people love to eat, which is the reason why gastronomy tourism is increasingly on the rise.Different cultures interpret food and serve it in different ways. For instance, South Africa might be a diverse nation, but it is renowned for its delicious braaied meat. Each…
By Richard FirthThe recent announcement that Parliament's standing committee on finance has declined to extend the implementation date of the two-pot retirement system to 2025 has been met with consternation by many in the industry. With reactions ranging from condemnation of the new structure to…
By John ManyikeJanuary often brings a financial crunch, as holiday spending leaves pockets empty, and unpaid bills start piling up.Crafting a list of New Year’s resolutions has been a common approach to ‘making things better for the year ahead. However, resolutions can be challenging due to our…
Many South Africans take on debt over the holiday season as they overspend on presents, parties, clothing, and travel. The desire to create memorable experiences for loved ones can encourage people to overlook budgetary constraints.Having accrued various forms of credit card and store card debt,…
Finance Minister Enoch Godongwana on Friday gazetted a notice of withdrawal of the notice of maximum fines for improper conduct of registered auditors issued on June 15, 2023, and issued a new maximum fine notice for a comment period of 30 days.The Independent Regulatory Board for Auditors (IRBA)…
By Nirdev DesaiAs we approach the end of the current year and move into the next, many are reflecting on their achievements of the past 12 months and considering making new year’s resolutions to become even better versions of themselves in the year ahead. With the end of the tax year also just…
Wikus OlivierThe new year is a great opportunity to start fresh in life as well as getting your financial house in order. Making smart, savvy money moves (and decisions) early in your financial timeline is an important step to start ticking off your financial goals as well as achieving future…
The fact that insurance fraud isn’t a victimless crime has been highlighted by the startling case of a 49-year-old woman in Mmabatho who was arrested a few weeks ago for the murder of family members, including her husband and three children, to cash out insurance policies.South Africa is still…
The holiday season often results in a spike in spending, which, depending on how much of the festive fun is financed by credit, can put significant long-term strain on our already tight budgets. However, there are ways to spend smartly and responsibly with credit cards over this time, while using…
A proverbial winter season is anticipated for the global economy in 2024, before returning to trend growth from 2025 onwards.“In January 2023, we were bracing ourselves for a bumpy economic year ahead and interest rates were expected to increase. We are now relatively confident that we are at the…
As we personally develop with each new year, we should investigate new ways of maintaining and organising our personal affairs.This could include ensuring your car insurance is up to date, checking the interest rate on your investment accounts, evaluating your retirement planning journey, pre-…