"Countries worldwide are witnessing the erosion of their tax bases due to the global transition to a digital-first economy, and tax authorities are therefore intensifying their focus on establishing the nexus between an individual or entity…
“From an Estate planning perspective, a Will should be treated as a living document and updated regularly and updated regularly to reflect changes for circumstances such as the above. Many people believe that a divorce automatically revokes…
“When drafting your will, it's essential to understand which assets form part of your estate and which do not. In South Africa, retirement funds, retirement annuities, preservation funds and provident funds – whether they are governed by the…
"We understand that finding a surety or qualifying for a loan on your own can be challenging. To address this, we offer eligible students loans that do not require surety for certain courses at our partner institutions nationwide,” says Tshiamo…
“Get started with a very manageable, interest-free small credit facility that you can easily afford, and instead of paying cash, purchase something using this facility. A cell phone contract or retail store account are good options. Make sure…
"By cultivating a healthy, positive attitude toward personal finances, you're setting the foundation for long-term success and financial freedom. Let's not forget—empowered thinking extends to all areas of life, especially the one that shapes…
“It remains largely encouraging to see women take the reins of their financial and legacy planning matters into their hands, more so as women are increasingly assuming the role of steering the course of their families’ financial futures. This…
"There are more South Africans living outside of South Africa now than at any other point in our country's history. But it's not a South African issue, it's a worldwide phenomenon that is here to stay, and one which places Financial Planners…
"We are used to living in a world where intermediaries facilitate financial services for a fee, resulting in more expensive and often more cumbersome transactions. In a country with lower household incomes, this traditional way of transacting…
"We believe in equipping people with the tools and knowledge they need to achieve financial success. Through our roadshows and educational content, we aim to instil sound financial management practices, particularly emphasising the importance…
"Most medical schemes will cover up to the scheme rate, or two to three times the scheme rate for caesarean sections. However, specialists like obstetricians and anaesthetists frequently charge up to 500% of the scheme rate," says Brian Harris,…
"Empowering employees to explore alternatives to accessing the savings pot allows them to work towards these goals without compromising their retirement security. As we navigate the new retirement system, it's crucial to approach it with a balanced…
"Our stats are reflective of the determination that women have to disrupt the cycles of debt within their families and secure a debt-free future for their loved ones, as this study consisted of 75% of female respondents," states Siphelele Sokhela,…
“This year alone, it is women who have demonstrated remarkable financial discipline and commitment, collectively contributing an impressive R26 million per month on average on the Liberty Stash app. This figure significantly surpasses the R10…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
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