In recent years, South Africa has experienced a surge in cybercrime relating to data breaches, identity fraud and ransomware incidents, among other cyber-related offences. One of our clients share his personal experience which shows how increasingly easy it is becoming for criminals to obtain personal information. South Africa’s strong economy and high digital activity levels…
Add this Bitcoin ETF to your investment portfolio
This month we are excited to share a new investment opportunity for investors to achieve exposure in Bitcoin without having to purchase or manage the cryptocurrency directly. Sygnia Asset Management has recently launched an innovative fund as a new investment opportunity: the Sygnia Life Bitcoin Plus Fund. This fund offers a simple and lower-risk alternative…
Sperdatum vir bydraes 2025
Met die einde van die belastingjaar wat in sig is, herinner ons graag aan die sperdatum vir addisionele bybetalings tot belastingvrye spaarrekeninge en uittree-annuïteite. Addisionele bydraes tot aftreefondse is veral ‘n goeie idee nadat die twee pot stelsel geïmplementeer is op 1 September 2024, wat lede toelaat om fondse vanuit hul annuïteit se spaarkomponent te…
HOW IS CHATGPT IMPACTING YOUR INVESTMENT?
In the rapidly evolving landscape of investment management, staying ahead means embracing innovative technologies that improve decision-making and client satisfaction. One such groundbreaking artificial intelligence (AI) tool making waves in 2024 is ChatGPT, a sophisticated language model developed by OpenAI. Initially known for its capabilities in natural language processing and text generation, ChatGPT has found…
Discovery Health’s WELLTH Fund: How does it work?
The WELLTH Fund was launched by Discovery Health in 2023 as a once-off benefit, with the objective to provide an additional screening and prevention benefit to all Discovery medical aid members. We explain how you can activate the benefit and how it works. The WELLTH Fund provides cover of up to R10 000 per family as…
REAL LIFE STORY: WHY YOU SHOULD CONSIDER GAP COVER ONE YEAR BEFORE FALLING PREGNANT
We use one of our client’s maternity gap cover claims as an example to illustrate the importance of gap cover for pregnancy and childbirth related medical expenses. Many individuals only consider gap cover once they fall pregnant or when they are ready to start with family planning. Unfortunately, gap covers (as with medical schemes) have…
REAL LIFE STORY: WHY YOUR INVESTMENT IS NOT WORKING FOR YOU
This month, we use one of our client’s investments as an example to illustrate the affect term duration has on the performance of an investment and why it is important to wait out market fluctuations to earn the best returns possible on your investment. In August 2021, our client Mrs X, invested R258 000 split between…
REAL LIFE STORIES: HOW YOUR SHORT-TERM INSURANCE POLICIES CAN BENEFIT YOU
This month we are sharing some of our clients’ real life short-term insurance claim stories, to illustrate the situations in which your insurance policies will prove beneficial. One of our clients, Mr X age 34, submitted three short-term insurance claims over the past few months for separate incidents: Car insurance: third party claim Mr…
REAL LIFE STORY: IS SEVERE ILLNESS COVER WORTH IT?
One of our clients was diagnosed with breast cancer – an illness that many South African women must deal with sadly. She shares her story with us and how her severe illness cover benefitted her financially during this journey. In 2017, Ms X age 50, was diagnosed with stage 1 breast cancer during her annual…
REAL LIFE STORY: CAN YOU TRULY BENEFIT FROM INCOME PROTECTION?
We tell the personal story of one of our clients and how their income protection policy was used to their advantage not once, but twice within a nine-month period. In June 2021, Mr X was involved in a car accident and as a result, he was booked off from work for 10 days. Even though…