Beplanning onderwerpe
Exiting the greylist setting the tone for increased compliance efforts, also for non-compliant trustees BackgroundThe Financial Action Task Force (FATF) announced on 24 October 2025 that South Africa has been removed from the FATF greylist, also known as the “Jurisdictions under…
We get it. "Financial planning" is a term that sounds like it belongs in a wood-panelled office, reserved for people who have already "made it."If you're in your twenties or thirties, you might think it's only for those nearing retirement, or that you simply don't have enough assets to justify it.…
Every year on October 31, the world marks World Savings Day – a day dedicated to the power of saving money for a better future. This year’s theme, ‘This is not a savings account’, challenges us to rethink what saving truly means. It’s not just about stashing cash in a bank; it’s about…
For many South Africans, a large part of ‘Janu-worry’ lies in how they will fit the annual medical scheme increase into their monthly budgets. For 2026, members can expect an average increase from anything between 7.2% and 9.9% which is still higher than both the current inflation rate and a…
Last week, my daughter attended her last formal day of high school. As the famous song goes, it was joy and pain, like sunshine and rain. One highlight of the day was when she and the other matriculants in her class had to say goodbye to their “grade one buddies,” who will only matriculate in 2036…
Exchange-traded funds (ETFs) launched in South Africa in 2000, 25 years ago. Although their growth was initially slow compared with the United States and other countries, the local industry is now expanding rapidly, especially since the introduction of actively managed ETFs (AMETFs) in 2023. Will…
Critical illness cover is still treated as a luxury in South Africa, something for the wealthy or overly cautious, rather than a financial necessity. Yet actuarial estimates show that more than 24 000 formally employed South Africans will be diagnosed with a serious illness like cancer, a heart…
With 10 million South Africans drowning in debt, Personal Finance rounded up some financial experts for advice that goes beyond skipping lattes and is more offbeat.According to FinMark Trust, an estimated 10 million South Africans are over-indebted, with 37% of formal credit borrowers facing…
Woolworths Beauty has reported a 14.7% increase in year-on-year growth, with over one million South African customers now engaging with its beauty offering.The figures were disclosed during the retailer’s latest financial results presentation, which highlighted the division’s expansion across…
South Africans are seeing their pay packets grow, but the relief is uneven. Average net salaries climbed for the sixth straight month in September 2025.Yet a third of the workforce remains unemployed, leaving many still struggling to make ends meet.“The PayInc Net Salary Index reached R21 428,…
South Africa’s 16.1 million formally employed income earners collectively had enough life and disability insurance cover at the end of December 2024 to provide only 39% of the income needed by their families in the event of death or disability. This means that the average South African household,…
Medical schemes in South Africa continue to operate in a state of uncertainty as legal challenges against the National Health Insurance (NHI) Act make their way through the Constitutional Court.Until the court rules, the future scope of private medical cover, affordability and the structure of…
In today’s complex world of healthcare and professional services, the stakes are high. A single accusation of negligence or error can have far-reaching consequences, not only financially, but also for your reputation, career, and even your ability to secure future insurance cover. Professionals are…
When the Supreme Court of Appeal (SCA) hears the appeal of the High Court’s Standard Bank v SARB decision in 2026, the court will determine whether the 1961 Exchange Control Regulations (Regulations) can be stretched to apply to a borderless, digital asset such as Bitcoin. What…
Medical aid members can breathe a little easier next year as schemes slow on price hikes at a time when members are buying down.Contribution increases for 2026 are set to be lower than the steep hikes seen in 2025, offering long-awaited relief after last year’s double-digit jumps.However, the…
Medical aid contribution increases for 2026 are generally lower than the sharp hikes seen in 2025, offering some relief to members after last year’s double-digit adjustments. Among the top five open medical schemes, Momentum and Fedhealth reported the highest average increases at 9.9% and 9.6%,…
South Africa’s exit from the Financial Action Task Force (FATF) greylist is expected to reignite foreign interest in local property, giving a much-needed boost to the moribund economy.Berry Everitt, CEO of the Chas Everitt International property group, said the FATF decision was “strongly positive…
A provident fund has been slammed by the Office of the Pension Funds Adjudicator (OPFA) for paying a member without consent and ignoring the fund’s own rules.Adjudicator Muvhango Lukhaimane said the South African Commercial, Catering and Allied Workers Union National Provident Fund ignored the…
The customary wife of a deceased member of the Becsa Provident Fund fails in her attempt to claim a portion of his death benefit, after the Pension Funds Adjudicator finds that she does not prove financial dependency and is considered an estranged spouse.The complainant approaches the Office of the…
If you’re 25 in 2025, you’re in iconic company. The Sims, the Nokia 3310, and South Africa’s original ETF provider, Satrix, all made their debut in 2000. One changed mobile phones forever. One taught us how to build virtual lives. The other? It changed how South Africans invest. Now, it’s…