Covid-19 and global lockdowns experienced the past two years have had a massive impact on all facets of life, including investments, and has shaped the way of doing things in a post-pandemic world. We breakdown the most important investment lessons from 2021 and unpack next year’s anticipated investment trends for you to implement in your…
Are you receiving the maximum benefit from your financial advisor?
Most of us consult experts in their fields when it comes to our health, fitness or careers, but do you follow the same approach when it comes to your finances? A financial advisor should fulfil the role of financial consultant to help guide you on your financial journey. Your financial advisor should offer counsel based…
What happens to your estate without a Will?
With National Wills Week that recently took place, South Africans were reminded of the importance of having a valid and updated Last Will and Testament. What are the implications of not having a Will, and what are the important considerations to bear in mind when having your testament drafted? The COVID-19 pandemic has claimed millions…
Can you afford to lose a loved one?
Most of us will only consider funeral-related expenses in the event of death in our family. When faced with such an impossible situation, financial complications will only add additional stress and is the last thing you would want to be worried about when experiencing immense tragedy. What are the actual costs of a funeral and…
What can your tax return be worth in 8 years?
With July known as National Savings Month in South Africa and with tax filing season currently underway, investing your tax return could serve as a unique savings strategy. When considering how much you receive from your tax return each year, instead of spending the entire amount, why do you not allocate a portion thereof towards…
Will today’s insurance premium cover your future needs?
Do you know what a level premium pattern on your insurance policy means? Or which out of the three basic premium patterns will better suit your needs in the future? This month, we explain the differences between each of them and the important considerations when it comes to premium patterns. Many individuals struggle to understand…
When will your insurer reject your home insurance claim this winter?
As a homeowner, there are many winter-related challenges to be aware of that can damage one’s property as a result of floods, storms, and even damages caused by load shedding. This month, we discuss common examples of building and home contents insurance claims that can be rejected due to negligence on the homeowner’s part. With…
Are you planning to start a family? Consider these maternity and childbirth medical costs first.
Is your family fully covered for medical expenses related to pregnancy and childbirth? If you do not have gap cover in place, there are certain maternity/childbirth expenses that will not be covered by your medical aid or hospital plan. We unpack the additional expenses you can expect in this case, and how gap cover can…
Is having income protection worth it?
What financial consequences will you experience if infected with Covid-19 or any other temporary illness? If you are unable to work and lose all or part of your income as a result, income protection can cover you financially in these instances. Income protection ensures that you continue to receive your tax-free monthly income if you…
Protect your business from the impact of lockdown
Most business owners are aware of the potential risks that could affect their businesses, such as storm and fire damage, theft, or employee injuries. In addition to these factors, national lockdown restrictions imposed by government can be added to the list, due to the rise of Covid-19. As a result of lockdown, the majority of…