Financial preparedness is about more than just wealth creation. Both partners should understand the family’s finances and know where key documents, policies and account details are kept Most couples spend years planning for retirement, holidays, their children’s education and building wealth, yet many never have a meaningful conversation about what would happen if one of […]
A good financial advisor does far more than select investments; they help investors make informed decisions about their money and long-term financial lives. Ask most people what a financial advisor does and you will get some version of the same answer. They pick investments. They tell you where to put your money. That answer is […]
A living will and a last and testament are not the same thing – it is also not the same as a general power of attorney. Find out why the difference actually matters more than you think. Store copies of your living will physically and digitally, carry a note in your wallet with your spokesperson’s […]
With SARS now in charge of financial emigration, there are still many questions regarding “Do I need to financially emigration” The below article by Suzean Haumann covers some of the questions around financial emigration. The question posed was: I’m moving to Ireland. I have an EU passport and will register for tax in Ireland. I have […]
Open and transparent discussions between spouses are key to a couple’s financial success. Money in the context of marriage can be notoriously difficult to navigate especially where couples find themselves with widely disparate views regarding personal financial management. While we know that open and transparent discussions between spouses are key to a couple’s financial success, […]
Prudential Investment Managers have put together some interesting articles on their Website. They are well researched on various topics and worth reading. Link to Prudential website
In six short weeks Covid, initially a regional epidemic confined largely to the Hubei district in China, has become a global pandemic. The brutal, and in this case ruthless, power of exponential growth has been on display for all to see. At the time of writing it is present in 155 countries, with 198 000 […]
Listed assets around the world sold off aggressively over the past three weeks as it became clear that the nCoV-2019 virus has been exported around the world, dashing hopes of quick containment as was the case in previous coronavirus outbreaks (SARS in 2003 and MERS in 2012). The scale of the sell-off is historic and […]
South African citizens will soon be able to move up to R10 million out of South Africa without the intense scrutiny of the South African Revenue Service (Sars), under a new plan announced by finance minister Tito Mboweni as part of the 2020 Budget. South Africans could previously easily move money out of the country […]
If one is planning to move abroad, there are serious financial considerations to take into account if one wants to avoid nasty surprises later, cautions Theunis Ehlers, a director at Citadel Fiduciary. Residency “Residency for tax purposes and residency for exchange control purposes are two different matters,” explains Ehlers. “Changing tax residency is based on […]