Beplanning onderwerpe
South Africa’s family law is set for a significant shift, with proposed amendments that could impact how your property - and other assets - are divided in the event of divorce or death, even if there’s an antenuptial agreement in place.This is one of the most substantial adjustments we’ve seen in…
Data from the Association for Savings and Investment South Africa (Asisa) reveals that South African life insurers paid out R39.9 billion in death claims in 2023, emphasising the vital role these policies play in securing families' futures. However, life insurance is not a one-size-fits-…
The rules on who gets what in terms of retirement benefits and life insurance payouts when a pension fund member dies have proved a headache for pension funds for almost 50 years, with certain requirements remaining contentious to this day.These rules have been in place since 1976, when a crucial…
Key protections for South Africans who are in debt review to ensure they are neither unfairly advantaged by more favourable payment terms nor can they be charged excessive interest on what they owe hang in the balance due to ongoing court cases. In a highly contested legal matter, the Banking…
In South Africa’s property market, signing an Offer to Purchase (OTP) is often seen as a milestone, a moment of triumph after weeks or months of house hunting. But beneath the excitement lies a sobering truth: once signed by both buyer and seller, the OTP becomes a legally binding contract.…
South African women still face major challenges when it comes to building wealth. In fact, the wealth gap between men and women in our country is wider than the global average. According to the WTW Global Gender Wealth Equity report, South African women retire with only 71% of the wealth…
While high-net-worth (HNW) and ultra-high-net-worth (UHNW) wealth is set to boom in the next five years in South Africa (SA), families face the risk that significant intergenerational wealth can be lost by the third generation if their legacy is not considered as part of a strategically structured…
If you’re considering choosing a balloon payment when financing a new car, you’re not alone. South African banks report that as many as a third of car loan customers are choosing the maximum balloon payment to reduce their monthly repayments. However, it’s wise to consider the long-term…
In a world where financial security is increasingly out of reach, by putting in place a consistent saving habit, South African parents can yield extraordinary results for their children. The secret isn’t how much you save, it’s when you start.Time is the single most powerful ingredient in building…
Every meeting with your financial adviser is an opportunity to take control of your financial future. Whether you’re engaging for the first time or sitting down for an annual review, preparation is key. By knowing what to expect and what information to share, you’ll get far more…
Each year, many South Africans eagerly anticipate their tax refund from the South African Revenue Service (Sars). For some, it’s a welcome boost to their finances – a chance to catch up, splurge, or simply breathe a little easier. But what exactly is a tax refund, and how can we use it…
2025’s midway mark has arrived, and with it, the chance to ‘take stock’ and ensure that your financial house is in order. For many, this time of year provides the ideal opportunity to reflect on important goals related to cost-cutting, saving, and financial planning for the best…
‘One day when I’m big!’ How many times have we uttered those words as children when dreaming about our future? And then, quite suddenly, we find ourselves ‘adulting’ and reflecting on the lessons we’ve learned and considering the legacy we will be leaving the next generation. A well-planned…
MicroFinance South Africa (MFSA) has warned that the unchecked rise of Buy Now, Pay Later (BNPL) credit services is exposing millions of South Africans to unsustainable debt, hidden costs, and financial exploitation, and is urging regulators to act swiftly.MFSA CEO Leonie van Pletzen said the…
In a world where financial security is increasingly out of reach, by putting in place a consistent saving habit, South African parents can yield extraordinary results for their children. The secret isn’t how much you save, it’s when you start.Time is the single most powerful ingredient in building…
Life insurance can be an excellent estate planning tool to ensure succession, provide for loved ones, and create liquidity in your estate. However, understanding the estate duty implications of life assurance policies is critical, as incorrect structuring can have severe consequences for your…
Tax-free investments (TFSAs) offer a powerful opportunity to grow your wealth without paying tax on interest, dividends, or capital gains. But simply opening an account isn’t enough—you need to use it wisely. Here are ten strategies to help you get the most out of your TFSA this tax year.Understand…
There’s something familiar and comforting in the way we care for our hair. From weekend routines to daily enhancements, the process is often thoughtful, personal, and built around what helps us to feel our best. While hair care may look different for everyone, from sleek blowouts, soft…
The way you pay your financial adviser can have a direct impact on the quality of the advice you receive. While commission-based models remain common in South Africa, more investors are considering fee-based advice, where you pay a clearly disclosed fee for ongoing services. Here’s what to know…
Woolworths has launched a benefits package aimed at improving the lives of more than 24,000 employees. As of July, staff across stores and distribution centres now have access to private, day-to-day medical care.Through the Momentum Health4Me Gold programme, employees can consult general…