National Health Insurance (NHI), the Public Protector, Eskom, ANC infighting, Trump, Trade Wars, the Fed… the list goes on. These are all factors that have been impacting the rand of late and may continue to do so for the foreseeable future. The rand fell by 12% in 24 days from its intra-day low of R13.80/$ on…
We’re halfway through the year, and there are few signs that the geopolitical volatility that has characterised the past three years will abate any time soon. The same headlines continue to spell uncertainty for the markets — Trump, trade wars and Brexit. Even so, equity markets worldwide enjoyed a strong quarter and first half to…
The government introduced tax-free savings accounts (TFSA’s) in the 2015/6 tax year as a way to encourage South Africans to save more money. Since then, most financial services providers have added a range of tax-free savings products to their portfolios and many South Africans have embraced them as a tax-efficient way to invest. Unlike retirement…
A question that is often raised in estate planning is what to do about an inheritance left to children. While the definition of a child in the legal sense refers to the age of majority, being the age of 18 in terms of the Children’s Act, when we talk of children in the estate planning…
In my previous article in this series, I explored how retirement funding can help you to optimise your tax efficiency while enabling you to save for the future. In this article, I shall examine the role of living annuities as a tax-efficient vehicle for conserving capital and generating income during your retirement years
In my previous article in this series, I looked at the role of investment styles in how asset management firms pick stocks and shares. I also delved into the pros and cons of the value investment style. In this article, I’ll briefly look at some of the other popular investment styles.
The tax burden on South Africa’s higher income earners has swollen in recent years, with this segment of the population facing a top marginal income tax rate of 45%, capital gains tax of 18%, estate duties up to 25%, donations tax at 25% and dividend withholding tax of 20%.
