Planning Topics
In line with global trends, the past decade has seen the rise of a new type of entity in the South African financial services space: the discretionary fund manager or DFM. If you invest through an independent financial adviser or planner, you may have come across the term. Or it may be that your…
By: Nicola MawsonAn FNB branch consultant, who ripped people off out of more than R200 000 over a period of five months, has suffered the consequences by being barred from legally acting as a Financial Services Provider.Derusha Govender, who was employed by FNB as a branch consultant, took umbrage…
Just Retirement Insights is a tracking study conducted by retirement income specialist Just SA to better understand the South African retirement market and their retirement needs.The study was first conducted in 2015. Just SA then re-launched the study in 2018, with a follow-up in 2019. An interim…
By: Wikus OlivierWHAT feelings or emotions do you experience when you think about money? Does money evoke a sense of security, freedom, or perhaps anxiety and stress? It holds immense power in our lives, impacting our choices, decisions, and even our sense of self-worth. Understanding our…
Fewer young South Africans are buying houses than six years ago, but the houses they are buying are proportionately more expensive. And in their new car purchases, they are favouring SUVs over other body shapes.These are the findings of Lightstone, which provides market research data to the…
Last month, the South African Reserve Bank (SARB) announced its decision to keep interest rates at the 14-year-high of 8.25%. Subsequently, banks and other financial service providers will hold their prime lending rate at present levels and will review after the next SARB’s Monetary Policy…
Four main sources of influence and uncertainty are set to cause long-term disruption in the insurance market, according to global management consulting firm Kearney’s report titled: The State of Africa’s Insurance Industry 2024.The report identified four major trends shaping the insurance market -…
South Africans are unfortunately notoriously bad savers. A recent study showed that less than 30% of people save toward an emergency fund for when something unexpected – and costly – occurs. For young people specifically, who are still building up their financial means, not having a fall-back for…
MiWay Blink has announced a brand refresh that sees the insurer change its name to Blink by MiWay, together with a refreshed visual identity.According to the company, the rebrand coincides with MiWay Blink’s third anniversary and points to both the success and evolution of…
FNB said it has seen a strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify their investment portfolios. Over the last year, FNB said it assisted with facilitating the delivery of over 2 200 Krugerrands on its trading…
Father’s Day is a time to recognise our superheroes – the father figures who play a vital role in our lives. As much as ties and socks have become classic dad gifts for this occasion, South African fathers can give their children the most precious present of all – financial wisdom.Francois Viviers…
Buying your first car is a big step. It means having the freedom to be where you want when you want. But it’s also a significant financial commitment, so it’s essential to do your homework and make sure that you get the best wheels for your needs.Wynand van Vuuren, client experience partner at King…
Only 20 percent of South African Youth invest their money - what’s happened to the other 80 percent?’ South Africa’s pioneering alternative investment company, SV Capital, begs the question as to why the majority of young South Africans are failing dismally at building their net-worth, and how to…
Safety and security remain a top consideration for property investors in South Africa, with estate developments remaining in high demand. While estates often lead the way in security measures, it’s important to understand exactly what features are effective in keeping homes and residents safe.“…
As we welcome the second quarter of 2024, excitement is building among many South Africans as they prepare to leave their everyday routine for the winter school holidays. For some, the anticipation extends abroad as they plan to exchange the cold winter weather for that of the northern hemisphere’s…
Competition amongst local couriers has increased dramatically with the emergence of e-commerce giants, like Amazon, Temu, and Shein into the South African market impacting both the micro and macro environments and leading to a greater demand and delivery volume. South Africa’s e-commerce market is…
Becoming a father is a significant milestone, often filled with excitement and joy. But for many, it can also be filled with fear and anxiety. One of the stressors for new dads is the explosive increase in financial responsibilities.According to Mike Cloete from Momentum Financial Planning, raising…
By: John Paul FraserWhile experts continue to debate the merits of the two-pot system, it has been almost a week since it was signed into law. The reality is that as from September 1, 2024, many South Africans will start withdrawing from their savings pot under the new system.In this article, we…
By: Duann CronjeLiving comfortably shouldn't come at the cost of feeling financially strapped. Yet, many of us find ourselves caught in a cycle of rising expenses and stagnant incomes. The good news is that achieving a happy medium between affordability and quality of life is absolutely possible.…
By: Devmco RealtyRenting a property can often feel like a labyrinth, with countless considerations and potential potholes along the way to navigate. From defining your needs to securing the perfect lease agreement, the process can be overwhelming - especially for first-time tenants. Five tips that…