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With the potential approval of required legislation, we anticipate the commencement of a transformative financial approach – the two-pot retirement system – on the 1st of March, 2024. Designed to alleviate financial strain, this novel system aspires to provide much-needed solutions to common financial dilemmas experienced by many South Africans. Having been considered for some years, the advent of the…
Estate planning, liquidity management, and a comprehensive understanding of bequeathment laws serve as the cornerstone for a secure financial legacy. These elements ensure a smoother transition of wealth to loved ones, thereby decreasing potential family conflicts and mitigating tax burdens. Estate planning is not merely drafting a will; it encompasses a holistic approach to manage your wealth, property, and other…
Shariah-compliant investing in South Africa is more than just about adherence to religious principles. It’s about conscious investing, promoting ethical practices, and contributing positively to society. It allows Islamic families to create wealth without compromising on their faith and values.
finding a trusted financial planner in South Africa is vital for securing your financial future.
With the interest rate rising, the costs of everyday goods increasing dramatically and the depressed state of the economy, you might be considering cancelling your insurance just to create some disposable income. Cancelling your insurance can have serious consequences, both financially and legally. Here are a few reasons why it’s not a good idea to cancel your insurance: In summary,…
It’s time to start a company of your own! You’ve put in the hours for a large corporate and now you finally decided that enough is enough and it’s time to venture out on your own. You’ve developed your winning idea, used Linkedin to partner up with college friends, funded yourself through your sizable provident fund withdrawal and launched your…
It’s pretty simple really – if you choose not to be insured, you give up any possible support if or when disaster strikes. This statement is an example of oversimplification. Many of us are guilty of using it as a tactic to convince ourselves that we don’t need do something which makes us uncomfortable. In reality though convincing yourself that…