The best financial legacy you can leave your children is to teach them the value of money – how to save it as well as how to spend it, says Stephen Katzenellenbogen, Senior Executive and Wealth Manager at NFB Wealth Management. You don’t have to wait until you die to leave a monetary legacy for […]
Bianca Botes, Director at Foreign Exchange Specialists Citadel Global, shares her insights on the recent protests and looting, and what it might mean for the value of the rand. One cannot deny the chaos that has ensued since the recent incarceration of former South African President Jacob Zuma, that has now made headlines across the […]
Jaco Prinsloo, Wealth Manager at PPS Wealth Advisory, has some sensible advice around retirement planning. As a wealth manager, I have observed that there are two typical clients. Some dread retirement, while others look forward to it. Those who dread it are the ones who are often not sure if they have made sufficient provision […]
Tax filing season opened on 1 July, and non-provisional taxpayers have until 23 November to file their returns. Some people look forward to tax season because they can get a rebate, but for many of us it can feel a bit overwhelming. A particular hot topic this year is what home office expenses will be […]
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Tanya Tosen, Master Mobility Specialist at Tax Consulting SA, has some tips for expats to make sure they have all their ducks in a row when it’s time to file their tax return. Adding to the challenges of 2020, the South African Revenue Services (SARS) announced that it did not make its annual budget. In […]
The great thing about getting your first paycheque is that you have the opportunity to do the right things before the bad habits kick in. The day that first paycheque hits your bank account you feel like you have finally arrived. But how you manage that money will determine your future wealth. Right now is […]
Banks were in the spotlight recently with the release of the annual report by the Ombudsman for Banking Services (OBS) and feedback from the Financial Sector Conduct Authority (FSCA) regarding the banks’ adherence to the Conduct Standard. The draft Conduct Standard for Banks was promulgated in July 2020 with sections being brought into effect over […]
Flagship Asset Management Fund Manager Kyle Wales discusses some modern-day popular investment delusions in which fundamental valuations matter less and less, and prices are simply a function of investor sentiment. These include Tesla, Gamestop, Bitcoin and non-fungible tokens. In his book Extraordinary Popular Delusions and the Madness of Crowds, first published in 1841, Charles Mackay […]
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We all go through the aging process, and one of the big decisions we have to make ‒ for ourselves or for our parents ‒ is whether (and when!) to downsize and move into a retirement village. This is not an easy decision and can be further complicated by the different types of retirement villages […]
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Tanya Tosen, Tax and Remuneration Specialist at Remuneration Consultants, addresses five tax myths that have become popular over the years. Many employees don’t understand the complex tax calculations that payroll applies to their earnings each month and often question these deductions. This is fuelled by tax myths that seem to have become popular over the […]