Beplanning onderwerpe
LIBERTY, a life insurer, has announced that in 2023 it paid out R6.72 billion in valid claims to individual clients, their families, and beneficiaries.According to the group, this amounts to R25.85 million every working day. “Although this is 3.72% lower than in 2022, these statistics still mirror…
By Willem OberholzerWhen engaging with tax professionals in their grey-suited demeanour, one encounters brilliance mixed with intimidation. Your tax knowledge, however sophisticated, might pale compared to theirs. Despite their enigmatic aura, you might feel drawn to the professionals, recognising…
JARGON buster aims to give simple, plain English explanations for typical words and phrases used in the financial industry, in particular, words relating to guaranteed life annuities and living annuities. This week, we look at the letter: UUnderwritingUnderwriting assesses your personal health and…
iN THE early 1970s a hamburger and chips at a well-known steakhouse chain cost about 30c. That same meal today will set you back over R100. In 50 years, the price of a hamburger and chips has increased by more than 33 000%. That’s what inflation does to your spending power over long periods.Former…
1. As of May 2024, Shell has a market cap of $232.16 billion. This makes Shell the world's 47th most valuable company by market cap. The market capitalisation, commonly called a market cap, is the total market value of a publicly traded company's outstanding shares and is…
A change in investment strategy is significantly boosting allocations to alternative investments. Instead of investing in the traditional ratio of 60% equities, 40% bonds, investors are increasingly being advised to allocate up to 30% to alternative investments, including private debt, according to…
University graduation ceremonies: a celebration of years of hard work, determination, and self-sacrifice for most students, marking the promise of what is yet to come. For some, however, receiving their hard-earned degree or diploma remains elusive – with outstanding fees standing between them and…
Keith PeterWITH May 24 marking 100 days until the introduction of the Two-Pot Retirement System on September 1, 2024, financial advisers are gearing up for significant changes to retirement savings.However, the new system, which allows for more flexible access to retirement funds, demands careful…
The most recent statistics on vehicle sales are clearly indicative of a tough economic climate that has many South Africans watching every rand. Under these challenging conditions, used car sales are experiencing an uptick. But while buying a second-hand car might be the most financially viable…
Taxpayers increasingly view themselves as walking a tightrope from a compliance perspective, with Sars (South African Revenue Service) on one side and a daunting administrative burden on the other.The stakes can be very high, and it does not help that the rules of engagement are always changing.…
By: Harry ScherzerOn 29 May, South Africans will go to the polls in what are widely anticipated to be the country’s most important national and provincial elections since 1994. Failing infrastructure, persistent load shedding, low growth, and high unemployment mean that many are hungry for change,…
If you have been following the financial media, you will have read about low-fee asset manager Sygnia’s recent run-in with the Advertising Regulatory Board (ARB) on the effect of fees on investment outcomes. One could say that both sides are right – and wrong – depending on how you look at it.First…
By: Oswald KuylerYour gleaming new wheels are ready for you to whisk them off into the sunset. You’ve signed all the papers and sorted out the vehicle financing; now there’s only one final task standing in the way of you yanking off that giant red bow and leaving the dealership in your dust: motor…
By Lee HancoxDuring the birthing season, South African storks are on overtime duty due to the high number of babies being born. With South Africa having a collective “baby brain”, there are some of the biggest financial planning considerations to factor in pre-, during- and post pregnancy.It’s…
By Keneilwe GwabeniThe integration of technology stands as an important catalyst for reshaping customer experiences. As the insurance industry navigates through evolving consumer demands and digital transformations, harnessing technology trends has become indispensable for insurers striving to…
By: Kekeletso MabizelaSocial media influencers are a growing force across platforms like Instagram and TikTok, successfully promoting brands and products that resonate with their audiences. This work calls for a fair price tag and sees many digital content creators gaining great financial ground…
In the midst of buoyant equity markets and impressive returns, the prudent investor recognises the imperative of fortifying their wealth against a risk premium. As markets surge and fluctuate, the need for astute wealth management strategies becomes ever more important – particularly for South…
By: Julia PennThe recent statements by ANC parliamentary chief whip Pemmy Majodina regarding the National Health Insurance (NHI) Bill's ‘amendability’ have highlighted a significant misunderstanding of the law-making process. Majodina’s assurance that the Bill can be amended if necessary,…
By Carl Chetty In South Africa and across the world this year, millions of people will be voting in more than 64 countries. Geopolitical tensions, especially in the Middle East and between the United States and China, are escalating. Many countries are battling inflation and central banks are…
Many young South Africans avoid the conversation of retirement, some even characterised it as “boring”.This can be attested by the “Liberty retirement planning survey” conducted in April 2022, which found that many South Africans only started to think of Retirement at the age of 40.Another study…