Here’s how much you can save if you put your 13th cheque towards your bond
Business Tech ~ Staff writer Homeowners who are fortunate enough to receive a 13th cheque or a bonus payment at the end of the year, should use at least part of it to reduce the capital portion of their home loan. That’s the advice of Carl Coetzee, chief executive officer of bond originator BetterBond, who […]
Adapting to an Ever-Changing Business Environment
We live in an ever-changing society. What is considered “normal” in 2019 was not considered normal in 2009 and will most certainly not be normal in 2029. Change is inevitably everywhere. There is nowhere you can hide or run from change and in the end the question shouldn’t be why change but rather be: “how […]
Winding up deceased estates – information and certainty are key
12 November 2019 ~ FA News Mandy Dix-Peek, Senior Fiduciary Specialist at Old Mutual Wealth Fiduciary Benjamin Franklin once said that in this world, nothing can be said to be certain, except death and taxes. While we’ve all heard this quote on numerous occasions, clients often fail to take the vital steps required to ensure […]
Consider Offshore Investment
[vc_row][vc_column][vc_column_text]At this point in our economic cycle most people are despondent about the economic outlook of our economy in the short term. With the events of the last couple of years, nobody can blame them. Making irrational decisions because of fear or despondency has seldom paid the desired dividends. If, however one looks at offshore […]
South Africans continue to work in retirement
Article by Neesa Moodley – Moneyweb Nine of every 10 retirees included in Old Mutual’s survey are working to supplement retirement income. The 2019 Old Mutual Savings Monitor shows that many South Africans continue to earn some kind of income after they retire. It found that for every R100 these retirees receive, more than half […]
Formal emigration not a ticket to tax exemption
TAX / 13 JULY 2019, 09:00AM / JOSEPH BOOYSEN ~ Personal Finance ONCE South Africans emigrate, they are not totally exempt from tax. Supplied Many South Africans believe they are completely tax-exempt in South Africa once they have formally emigrated, but this is a huge misconception, says Coreen van der Merwe, managing director of the South African arm of […]
Losing your job need not be the end of the world
Article by Eugène Antak ~ Business live When it comes to the severance package your employer may pay you, it is important to understand the implications How did your company’s restructuring make you feel? Retrenchment can be devastating as it affects your financial security and your sense of worth. And it is not uncommon in […]
This is how much you need just for medical aid in retirement
The generally accepted wisdom is that when you reach retirement you need to be able to secure an income equal to 75% of your final salary. This is because there are many expenses that you can trim once you stop working. Most obviously, you no longer need to save for your retirement. So the contributions […]
The roof over our heads at retirement
For most people, our home is our biggest single investment. It doesn’t only tick Maslow’s hierarchical boxes regarding our basic needs, by providing shelter and security, but also has a bearing on our psychological and self-fulfillment needs when we consider issues like size, facilities, and the ever important “Location, location, location”. Just as with our […]
Ultima is your preferred Employee Benefits advisor
Ultima Financial Planners is your preferred Employee Benefits advisor. This is based on our tried and tested expertise and experience: Proven track record of 18 years in advisory services from small to large group schemes Independence of our advice, none of our planners are remunerated based on commission. Ultima is also not bound to any […]
