Beplanning onderwerpe
Investec has announced that it has launched a new trading app for investors and traders called Clarity, which offers access to local and global markets.In a statement, the group said that backed by Investec’s trading and investing capabilities, Clarity is a new online platform that offers instant…
By: Lizl Budhram and Johann ElsSouth Africans aiming to improve their personal finances can strengthen their journey towards economic empowerment by understanding and making informed decisions about interest rates.South Africans who want to improve their financial wellness must understand that the…
When deciding on what types of financial products to use to provide an income in retirement, you need to take tax into account, although it probably won’t be the primary deciding factor.In this column, I break down the taxes on various income-generating products or investments. You would need to…
I continue my exploration of annuity products bought with retirement savings that are designed to provide an income (pension). This week, I focus on advice, because in this, probably one of the most important financial decisions you make in your life, you need advice out of the top drawer.Financial…
Many South Africans did not think getting disability coverage was necessary for them, either due to financial reasons or simply because they believed they would not need it, according to Insurtech start-up YuLife.Yule said should an accident occur, depending on the severity of the disability,…
A financial ombud scheme that merges the non-statutory long-term insurance, short-term insurance, banking and credit ombud schemes will become operational early next year.According to information released by the Ombud Council, which is overseeing the transformation of the financial ombud system in…
By: Johan Botes, and Shane JohnsonWage gaps based on gender, race and ethnicity are on the radar of governments across the world. Addressing the disparity has become crucial to alleviating the growing socio-economic imbalances brought about by income inequality. This is especially true for South…
By: Ricardo CoetzeeYOU never know when you may need legal assistance and, when you do, it can come at an exorbitant cost.It’s not only essential for consumers to understand their legal rights, but also to cater for the costs involved in obtaining telephonic advice, as well as securing litigation…
Christmas is coming and in Spain the countdown has started to the famous draw of El Gordo, the Spanish Lottery, which takes place on the 22nd of December every year.There is much reason for the excitement around the El Gordo as it is the biggest lottery in the world, with R51,9 billion up for grabs…
By: 10X InvestmentsMany of us invest, with the hope of receiving our money back in years to come and enjoying a secure retirement. But not all of us get the opportunity to realise the full value of our investments. Here are ten most common mistakes people make when it comes to saving for retirement…
By: Advaita NaidooA job offer from a potential new employer brings great excitement and visions for the future, but also the reality that this presents the tricky next step in negotiations – the question of salary and benefits linked to the contract of employment.In South Africa, it is still…
Are you ready to experience the future of mobile technology without breaking the bank?This is your golden opportunity! Seize this golden chance on OPPO’s Green Friday specials. OPPO’s offers are more than just discounts; they are your passport to a world brimming with innovative and state-of-the-…
The South African government issued a R20.4 billion sukuk domestically yesterday, its first Islamic bond issuance since a debut sukuk in 2014 that listed overseas.The issuance was split into four tranches maturing between March 2029 and March 2036 and with profit rates of between 9.87% and 11.9%,…
Old Mutual businesses remained well positioned for growth, as evidenced by the strong sales trajectory, with Life APE sales excluding China up 13% relative to 2022 and 23% relative to 2021.Group directors said yesterday that strong growth was seen in net client cash flow in its Mass and Foundation…
Mariska Redelinghuys, Legal Specialist: Advice, PSG WealthI am interested in setting up a trust for my family. How do I go about doing so, and should this form part of the family’s financial plan or my personal financial plan? This is a great question, and it’s important to know that, if used…
By: Nosipho NhlekoIn the age of rapid ongoing digitisation, traditional employment structures are undergoing a metamorphosis. Mirroring global trends, there has been a noteworthy rise in South Africa’s freelance economy, carrying with it the allure of independence, flexibility and financial…
By: Samantha JagdessiSouth Africa’s dual retirement savings structure presents a growing challenge for women during maternity leave, as they often find their contributions to the employer-backed retirement fund dwindling or pausing entirely, negatively affecting their ability to save for retirement…
Recently, medical schemes announced their increases for 2024. Naturally, consumers are considering the financial impact on their household budgets.Many people are re-evaluating their monthly contributions, how they utilise their benefits and how to balance their choice of medical aid with other…
Alexi Coutsoudis, Wealth Adviser at PSG Wealth, Umhlanga RidgeI am planning on selling my home and renting an apartment to live in, instead. Do you have any advice for me on how best to use the money from the sale of my home to increase my income without making any harsh decisions?When selling your…
By: Tyrone LowtherOver the past three years, Budget Insurance has noticed a 30% spike in Goods In Transit insurance claims on Black Friday. The week that follows Black Friday, including Cyber Monday, are also red flags for courier companies.Since the pandemic, most retailers are offering Black…