It’s all systems go for 2023 and as we kick off the new year, you may consider starting your financial planning journey as a great way to take control of your finances for the year ahead.
According to a recent study conducted by FSCA, it is estimated that only one in ten adults in South Africa have a life assurance policy, which means that over 90% of South Africans do not have life cover.
A dreaded thought… statistics indicate that one in five people will suffer from a serious illness at some stage of their lives. In addition, more than 100 000 South Africans are diagnosed with cancer every year.
The cost of living has increased dramatically, and with the ever-increasing inflation rates, this might urge many South Africans to cut down on costs and expenses.
The future is unpredictable, this does not mean we cannot put measures in place to protect our finances when life takes an unexpected turn.
Let me start by simply stating that there is nothing requiring a person to have a Last
Will and Testament! However, if you do go down this route, beware. The Law of
Intestate Succession will apply and there will be, without a doubt, people who will inherit part of your estate that you most…
We’re now into the last quarter of 2022 and to say that it has been an interesting year so far would be a gross understatement. I am privileged to be able to speak to many people on a daily basis and these discussions are with people that span the whole spectrum of our society and…
As someone who is looking to buy life insurance it is extremely important to understand premium payment patterns as it not only affects the increases you can expect your premiums to rise every year by, but it also affects the price of the premium you start paying.
The two increases that appear to have generated the most revenue in recent years were the 1 percentage point increase in the personal income tax rate for most tax brackets in 2015/16 – accompanied by below‐inflation adjustments to brackets and rebates – and a 1 percentage point VAT increase in 2018/19. These measures generated about…
As a nation we have survived 22 months in lockdown, the 2021 festive season, and 2022’s Janu-worries. We have proven ourselves to be strong and resilient, but here comes SARS to test us once again.