Fees and taxes on life policy payouts
Taking out life assurance remains an effective strategy for generating a substantial amount of capital to provide for loved ones upon...
If you die insolvent, what happens to your life insurance policy?
Anyone with dependants should take steps to provide for them financially, in the event of his or her death. Of vital importance in this...
Boost your retirement savings by reducing your monthly tax burden
If you earn R50 000 a month and were shown a perfectly legal way to save almost R800 000 in tax over 20 years, would you take it? Niel...
Benefits of buying life insurance in your 20s
When you’re young or don’t have many family responsibilities, you’re likely to prioritise paying off student loans, buying a car, moving...
3 reasons why you should never cash in your pension fund
South Africans change jobs on average 7 times in the working phase of their lives and 95 percent end up without sufficient funds when...
Get a bigger chunk back from the taxman
Your best defence against the VAT increase is to become tax savvy. South African consumers will soon be paying more value-added tax...
Why is it critical to review a financial plan regularly
However, to make it work in the ever-changing environment and to achieve your financial goals, it is critical to review your financial...
Make the rate cut work for you
The interest rate cut by the South African Reserve Bank (Sarb) last week may put extra money in your pocket if you have debt or a...