Most South Africans are on track to face a significant income shortfall in retirement, with research showing only 6% are on course for financial security; in this insightful piece, independent investment consultant Ziphozonke Mazibuko breaks…
"That is why trust is such an issue, especially if you are not a money guru yourself. You need to trust that the professional sees the bigger picture and stays on top of developments in the industry. And it’s best if knowledge can be shared…
"With household budgets under increasing strain, many might have expected South Africans to cut back on festive spending altogether. Yet Standard Bank and partner data from last year's festive season shows South Africans didn't cancel Dezemba.…
"Avoiding your finances is one of the most human reactions there is. Leaving the envelope or email unopened provides temporary relief. The problem, however, is not temporary. A shapeless worry is often far easier to face once it has numbers…
"Every rand used to settle a bond, vehicle finance, personal loan, credit card, or store account is a rand your family doesn't receive. If there isn't enough cash in the estate, the executor may have to sell property, vehicles, or investments…
"A Will is relevant to anyone with assets or people they want to provide for, regardless of their age or income. You do not need a large investment portfolio for your wishes to matter. A home, savings or possessions may represent years of work…
“The key question is not whether the withdrawal was right or wrong, but whether the event that triggered the withdrawal requires a deeper look into the financial affairs of that particular client,” says says Keith Peter, Advice Manager for Old…
“Investors of the now and the future are acting very differently to those of three, four or five years ago; we need to understand that they are sense checking our work in ways that can pull it apart,” says Dan Haylett, CFP® and director for…
"The survey shows that while 86% of parents are actively thinking about education costs, fewer than half have a clear strategy in place to fund those costs over the long term. Many parents recognise the importance of education, but planning…
"Cohabiting partners have no automatic right to inherit from each other without a valid Will, and stepchildren generally have no legal claim to a deceased estate or to medical aid unless they've been formally provided for. These aren't rare…
"Many people still feel uncertain about financial matters. Rising living costs, unexpected emergencies and competing priorities continue to erode long-term savings. Even those with the best intentions often find themselves sacrificing tomorrow…
"The Tax-Free Savings Account (TFSA) is one of the few vehicles that offers ordinary savers a clear, structural path to growth. Its value lies not in the financial complexity, but in its ability to reward patience, discipline, and a long-term…
"A person may, for example, leave behind a home, investments or other valuable assets, but those assets cannot always be converted into cash quickly or easily. If there is not enough liquidity in the estate to meet its obligations, assets may…
"A comprehensive estate plan should reflect the way we live today. By including digital assets in your estate planning discussions, you can help ensure that your wishes are respected, important information remains accessible and your loved ones…
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.
Subscribe to our weekly newsletter to get the latest insurance and economic news in SA.
Insurance Biz proudly displays the "FAIR" stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council's website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 4843612.
© Insurance Biz 2008-2026
