Beplanning onderwerpe

Catherine Fourie, and Roxshanna du ToitThe tax law allows approved Public Benefit Organisations (PBO), who have also obtained an additional South African Revenue Services (Sars) approval, to issue tax deductible donations certificates to donors. Practically, this means that supporting your…

Ameen HassenMost Muslims around the world pay their compulsory tithe, known as Zakaat, during Ramadaan. When undertaking this religious calculation and significant act of worship, it's important to fully understand how to calculate Zakaat accurately.Many customers are currently engaging Standard…

The Pension Funds Adjudicator Muvhango Lukhaimane has dismissed a claim of a death benefit worth R21 million due to her signing a cohabitation agreement which shows that the parties agreed that there would be no sharing of pension benefits.This comes after a woman who spent 17 years as a…

Who would have thought that the way beneficiaries are defined in a trust deed and the rights provided to them (or not for that matter) have a bearing on so many things – whether a beneficiary has any rights worthy of protection, whether they can ask for trust information, whether they can insist on…

Old Mutual's NEXT176 partners with SC Ventures, to create a financial planning platformOld Mutual's NEXT176, a partnership and ventures hub, has announced a strategic partnership with complementary outfit SC Ventures, to create a financial planning platform.SC Ventures is the international banking…

Are financial planners doing enough to help retired clients living off their savings manage their investment risk?This is a question Wessel Oosthuizen, a Certified Financial Planner (CFP) and head of financial planning at Fiscal Private Client Services, put to a conference hall full of CFPs at the…

The truth about money in the content creation game came to light, when social media content creator Primo Baloyi, shared insights into his financial journey, shedding light on the challenges and triumphs experienced along the way.As a rising star in the digital content creation realm, Baloyi…

The death of former Steinhoff CEO Markus Jooste has dominated news events over the past couple of weeks, and it brings with it a renewed focus on the biggest corporate scandal that has shaken the investment community. We find ourselves questioning how things could go so wrong. Jooste had surrounded…

Institutional investment funds, into which pension funds channel employees’ retirement savings, have, in recent years, increasingly invested offshore.The Alexforbes 2023 Manager Watch, a survey of retirement fund investment managers released last week, shows that multi-asset funds with a global…

HANDLING finances can sometimes feel like a daunting task, but it doesn't have to. In this publication, I always strive to educate you as a reader on how to manage your money matters. I came across some of the insights from personal finance experts, on how to handle finances. I thought it would be…

Stokvels continued to demonstrate South Africans tenacity and commitment to saving despite the prevailing tough economic environment, FNB says.This as the bank saw a 15% increase in net deposits, surpassing the R9.6 billion mark in total member contributions at over the past year, it said in a…

South Africa’s largest and oldest crypto asset service provider, Luno, has secured a licence from the Financial Sector Conduct Authority (FSCA) to operate as a financial services provider. Luno is the first dedicated crypto asset service provider in South Africa to be awarded its financial services…

JUST SA’s weekly 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: LLife AnnuityA life annuity is a financial…

By Bernard MofokengIn the recent revenue announcement, made by the South African Revenue Service (Sars) on April 2, 2024, announcing preliminary revenue collection outcome for the 2023/24 fiscal year, Sars announced that its total tax collections were R1.741 trillion with an unexpected surplus of…

RESILIENCE remains a fundamental enabler of business strategies in 2024, as many of the economic, geopolitical and humanitarian events that shaped 2023 will continue to evolve in 2024, and new trends will emerge, creating more challenges as well as opportunities, according to Alicia Goosen, head of…

Discovery Health Medical Scheme (DHMS) has announced a notable increase in the number of annual health checks and an uptake of the Scheme’s additional screening and prevention benefits covered by the WELLTH Fund.Since the introduction of the WELLTH Fund in January 2023, more than 485,000…

THE just over a month-old National Financial Ombud Scheme (NFO) yesterday announced the appointment of its first head ombud, Reana Steyn.The NFO started operations on March 1 as an independent body that resolves complaints brought by consumers against South African financial institutions – for free…

If you are in debt with the South African Revenue Services (Sars) or received a notice of final demand, there’s no need for panic, says Thomas Lobban, Tax Legal Specialist at Latita Africa."You’re not the first and you won’t be the last; there are generally honest ways to get through this without…

By Martin Hall The Isle of Man stands as a beacon for individuals seeking to navigate the complexities of global finance, offering a secure and advantageous environment for asset structuring and investment diversification. With its robust regulatory framework, fiscal benefits and strategic…

The Financial Sector Conduct Authority (FSCA) issued the first batch of up to 60 new licenses to crypto asset providers recently. This comes after the FSCA's decision in October 2022 that crypto assets would be considered financial products under the Financial Advisory and Intermediary Services…