Beplanning onderwerpe
By Isaac MudauFuneral cover fraud is a growing stain on South Africa's insurance industry. Dishonest individuals and organisations are exploiting grieving families and the complexities of funeral policies for their gain. This exploitation takes many forms, from falsifying death certificates to…
Starting and running a business is often seen as a path to financial independence and personal fulfilment. Yet, the demands of entrepreneurship can be relentless, leading to burnout if not managed carefully. This is particularly relevant for South African entrepreneurs who face…
In today’s world, where financial decisions greatly impact our lives, effective financial planning is more important than ever, regardless of your life stage.'Financial planning connects your financial decisions to your life goals and aspirations', says Tracy…
A new study conducted by Momentum, with the assistance of research company Kantar on enabling the success of women in South Africa, shows that financial independence is the largest gap for women in achieving what they define as success.Of the women questioned in the Women’s Codes of…
Anecdotal evidence indicates that the impact of local interest rate cuts may take up to 18 months to materialise. However, Grant Smee, CEO of Only Realty Property Group, believes the residential property market might begin to show signs of recovery sooner than anticipated.“In recent years (and…
By Matthew PouncettBancassurance (where banks sell insurance products) has been around for decades. Banks are well positioned in this regard as they are often part of key life moments that catalyse such sales. Most notable is the purchase of a house and provision of a mortgage, providing the…
In recent weeks, the topic of wills has gained significant attention, as more individuals come to realise the profound impact a will can have on their loved ones. From preparing necessary documents to understanding where to seek professional help, awareness around this vital subject is growing.…
By: Erin WhiteLife insurance can make an excellent estate planning tool to ensure succession, make provision for loved ones, and to create liquidity in one’s estate. However, it is important to understand the estate duty implications when it comes to life assurance policies because getting it wrong…
Nicola MawsonIf you have a look around at all the people you know, regardless of where you met them, one in 26 of the women will get breast cancer, and about one in a thousand men. For women, the risks increase with age, but that doesn’t eliminate the chances that it will not happen to you.The…
Mastering your finances, like mastering a sport or a skill, requires discipline, dedication and patience. One of the first disciplines to learn is that of delayed gratification.It’s natural to want something straight away. Your neighbours have a new large-screen smart TV. You want one too. Your…
The Life Insurance Division of the National Financial Ombud Scheme has ruled in favour of a woman who claimed funeral benefits as the customary wife of her deceased partner.This comes after a funeral insurance claim was made by the complainant, who asserted her recognition as the deceased’s…
Globally, personal finances are heavily impacted by rising interest rates, inflation, and geopolitical uncertainty. High interest rates have caused higher borrowing costs, which affect mortgages, loans, and credit card debt. Although inflation has been cooling in some regions, it remains a…
By: Privesan NaidooIn recent years, high inflation and soaring interest rates have made financial management a tightrope walk for many South Africans. These challenging economic conditions can understandably make people a little careful of applying for credit. However, a well-chosen and responsibly…
By: Annele Oosthuizen As we approach the end of the year, it's time to make important decisions about your healthcare plan. Medical schemes, health insurance providers, and gap product companies are announcing their contributions or premium increases and benefit changes for 2025. This period, from…
By: Kar Yong AngThis year has proven to be as unpredictable as the last, especially for investors seeking to diversify their portfolios and hedge against inflation. The commodities market is emerging as a key area of interest for investors, with the likes of gold, oil, lithium, and hydrogen proving…
Sanlam and UWC launch innovative entrepreneurship incubator for township businessesIn a significant move to bridge the market access gap gripping township businesses, Sanlam, in collaboration with the University of the Western Cape (UWC), has unveiled its inaugural Entrepreneurship Trading…
By James SaundersSouth Africa is making progress towards tightening lax Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) controls towards the end of exiting the Financial Action Task Force’s (FATF’s) greylist. However, it seems unlikely that the government, banks, and other…
In today's dynamic and unpredictable business landscape, companies face a myriad of challenges that can disrupt their operations and threaten their viability. From economic downturns and market uncertainties to rising crime rates and industry changes, businesses must navigate through various…
In our current struggling economy, businesses are looking to cut costs wherever they can in order to preserve their profits – or even just to stay in operation. If you’re a business owner, you may also be looking to cut expenses that aren’t the absolute essentials, like salaries and rent. More…
The South African Revenue Service (Sars) yesterday warned it was cracking down on non-compliance of crypto assets and for taxpayers to disclose related activities on a voluntary basis.This comes as more than 5.8 million South Africans hold a crypto asset, with Southern Africa boasting the largest…