As a financial journalist I am increasingly concerned about misinformation provided to members of the Government Employees’ Pension Fund (GEPF) by unscrupulous financial advisers. Some advisers use fear tactics, telling members that their funds will be stolen or mismanaged by the government. Many GEPF members have been convinced by financial advisers to resign before retirement […]

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By Zane De Decker, MD Flyt Property Investment. Did you know that an investment made into a Section 12J registered fund qualifies for a 100% tax refund? What that means, in simple terms, is that 100% of what you invest is deducted from your taxable income by SARS via the Section 12J scheme.  This is […]

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A reader asked: “I am 38 years old and I am not happy with the returns on my Retirement Annuity (RA). I am considering scaling down my monthly contributions and rather investing the money offshore myself through a stockbroker. What are the tax differences once I reach retirement? Would I pay more tax drawing down […]

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