Category: Financial Planning

Positive steps to regulate and improve the conduct and professionalism of the financial planning industry have been made over the past months and are now coming to a point where it will impact our clients. These steps have been called the Retail Distribution Review (RDR). On the surface, RDR is looking to turn the commission-based world of financial advice on its head and render it a fee-charging service – just like any other professional service, such […]

One sneaky fact about retirement, that many of us often overlook, is that it arrives faster than we expect! Essentially, we are never too young to think about our retirement investments inside of a healthy financial portfolio. As you read this blog, please also bear in mind that each person’s retirement goals are unique and may have different investment vehicles inside their retirement investment plan. This post refers specifically to living annuities – and can be […]

The South African landscape of junk status is looking rocky and, in a time like this, it is important to stay informed about what is happening and how it could affect you. Political risks from South Africa’s cabinet reshuffle on the last day of March 2017 have been labelled accountable for Standard & Poor’s (S&P) downgrade of the country’s international credit rating to junk status and the subsequent currency crash. In spite of Jacob Zuma’s attempts […]

In a land of inequality, education has a greater value than ever before and it can pave the path of success for children. However, many parents are financially crippling themselves in order to offer what is considered the ‘best’ education for their offspring, when this is arguably not wholly necessary. In an unstable political and economic climate, in which certain human rights are sadly still far from inalienable, most parents understand that it is important to […]

Over the past year or so the financial planning industry has been positioning for significant reform and regulation around fees for financial advice, and Fin24 recently published an article on the Retail Distribution Review (RDR). The first phase of RDR is expected to bring South Africa a step closer to making direct payment for financial advice a greater reality; creating a new financial advice scenario. And this stage is due to be implemented later this year. […]

The Budget for 2017 has been presented to parliament and is awaiting final approval, but if all goes through as planned, here are some key issues that may affect your financial planning for the year – as well as your investment portfolio. Significant announcements New 45% tax rate for those earning more than R1.5 million per annum. (Around 100 000 taxpayers are affected) Dividend withholding tax increased from 15% to 20% (this will have an impact […]

In an article recently published on Moneyweb Today (by Paul Leonard, CFP, Regional Head, Citadel), several points were made that succinctly provided useful insight for those considering the options about investing in a TFSA, and deciding whether or not it would be the most appropriate savings vehicle. Before making any final decisions, it’s always best for us to meet and assess your investment plan based on your financial needs analysis – but these pointers should help […]

The best gifts are the one’s that show deep consideration for the recipient. That means that Valentine’s Day is not just about flowers, chocolate, biltong and a cute travel mug… it’s about knowing your partner and buying them something that they would truly love! So here are some pointers for this Valentine’s day for expressing your appreciation! EXPERIENCE OVER EXPENSE The best gifts are memories, not expensive trinkets. If you plan it right, your entire Valentine’s […]

Every year we see an internal migration of individuals and families between the major cities of South Africa – mostly for work reasons. These decisions are sometimes thrust upon us due to simple economics, but other times we are able to explore the opportunities and the pros-and-cons of living in a new city. But how exactly can you make informed decisions without relying mostly on hearsay or the perceptions of friends and colleagues. Which cities are […]