Planning Topics
WesBank has issued an urgent warning to South African car buyers following a worrying resurgence of online auction scams, many of which are proliferating on social media platforms like TikTok.“Always ensure that you are dealing with a registered auction house, and in the case of a bank auction, an…
Providing exposure to natural catastrophe risk such as earthquakes and hurricanes, the performance of insurance-linked securities (ILS) is effectively uncorrelated to that of broader capital markets – and is therefore unaffected by market, economic, or geopolitical volatility. A …
July is National Savings Month, and there’s no better time to take a closer look at your finances. But here’s the catch: saving (and investing) isn’t one-size-fits-all. The key to successful saving and investing lies in understanding your personal context. Everyone’s financial journey is…
After crashing hard in April, the US stock market rebounded even harder, recently hitting a new all-time high. This has left many investors feeling nervous about the potential for a fall.Many others have parked savings in cash, attracted by the high rates on offer. The thought of investing that…
July marks the halfway point in the year – a time when many of us are fueling our days with caffeine and living for the next long weekend. If burnout is quietly knocking at our door, Sanlam sees mid-year as a powerful moment to reset and realign. Enter the Mid-Year Fit Check: not…
There is no shortage of financial information, but credible, compassionate guidance remains difficult to find. For South African families, the true value lies in advice they can trust, built on sound principles and genuine understanding. While access to financial information has never been easier,…
Transferring wealth successfully across generations is one of the most complex challenges facing wealthy families. Research shows that about 70% of wealth transfers fail, not due to poor planning, but because of inadequate communication and lack of preparation. Often, heirs are simply unprepared…
As a new investor looking to achieve financial security, how often should I review my financial plan, and what are the main pitfalls to avoid so that I don’t lose momentum or miss opportunities? Patrick Duggan, Wealth Manager, PSG Wealth, Melrose ArchIt’s important to distinguish between reviewing…
The chill of mid-winter has settled over South Africa, and while most people are focused on beating the cold, there’s another familiar season quietly sweeping in: tax filing. But what if, instead of bracing yourself for stress or paperwork, you saw your tax return for what it is, a chance to take…
Most of us suffer from financial stress from time to time, typically when expenses exceed income. Of course, many are in this stressed state permanently. The causes are numerous, from a lack of job opportunities to societal pressures, but there is one thing that amplifies stress to unbearable…
Even though consumers seem to be feeling somewhat less financially stressed lately, there is no doubt that money worries still take a substantial toll on their daily lives.Debt review company DCGsa paints a sobering picture of debt in South Africa through a collation of numbers on its website: R2.…
Remember those money goals you made in January? Save more. Spend less. Pay off that credit card. Get that insurance. But now, between rising petrol prices, food inflation, and surprise expenses, your financial plan may no longer fit your reality - and that’s okay. It’s important to…
Anxiety over money may be at levels last seen in 2022, yet 70% of South Africans are still experiencing financial stress compared to the past two years.Despite this decline, money concerns still impacts daily life substantially. Among those experiencing financial stress, 91% felt it affected their…
While most people know that life, disability, and critical illness cover offer them and their loved ones valuable financial protection, very few understand exactly how it works. As a result, many people avoid signing up because they assume it's too expensive, while others pay for cover…
Building financial resilience requires effective financial planning, which in turn helps you meet your financial goals. However, this also comes with the responsibility of being disciplined and being prepared to learn and unlearn what you know about finances …
Diversification is one of the most talked-about principles in investing, and yet one of the most poorly executed in practice. While almost everyone has heard the advice, “don’t put all your eggs in one basket”, applying it effectively to your own portfolio can be easier said than done.At its core,…
Over the past two decades, the South African rand has become one of the most telling indicators of the country’s exposure to both global financial cycles and domestic structural weaknesses. For investors, executives, and wealth holders, understanding this dynamic is essential not just for economic…
The Financial Sector Conduct Authority (FSCA) has issued a warning to the public regarding a Telegram group falsely operating under the name “PSG Wealth (Pty) Ltd”. The group misleadingly claims to be affiliated with PSG Wealth Financial Planning (Pty) Ltd (FSP number 728) and its representative,…
Property has long held a special place in the hearts of South African investors. It offers something that other asset classes can’t: security, long-term growth, and the ability to leave behind a legacy. It’s easy to see why: the property landscape can be complex, intimidating, and filled with…
As the 2025 tax season gets underway, millions of South Africans have already received their auto-assessments from the South African Revenue Service (Sars).But while these automatically generated assessments may seem like a welcome convenience, financial experts are urging taxpayers to…