“The problem with socialism is that you eventually run out of other peoples’ money.” Margaret Thatcher Everything is connected. For us to hope that personal finances are separate to public coffers, and that decisions made at a national caucus don’t impact conversations over a Nespresso cappuccino is to have our blinkers on and do our […]
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Welcome clarity coming on financial advisers
WOUTER FOURIE When you plan for retirement, or make any type of financial plan, is the person you consult a financial adviser, a financial planner or a broker? The discussion about titles has been in the spotlight recently as part of a debate on the changes to the Financial Advisory and Intermediary Services (FAIS) Act […]
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Questions to ask if you want unconflicted investment advice
LAURA DU PREEZ Your adviser may supply products from just one institution and there may be perverse incentives behind the choices they make. When you sit down with a financial adviser, you should have a clear idea who you are dealing with and what their relationship is with any supplier of financial products, be they […]
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5 Ways to Make the Most of your Retirement
1 October 2019 – Martin Hesse – Personal Finance If you were retrenched tomorrow, with no prospect of finding another full-time job, an immediate reaction would be concern about your loss of income. Apart from financial worries, you may feel you are no longer of any use to the world, that you have been “discarded” […]
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Feedback from our first PRPC!
Our first Workshops are under way and we’re already receiving amazing feedback! Here is a comment after the JHB Workshop (at the date of this post the next PRPC Workshops will be in Durban 19th and Bellville 20th September). “Hi Derek, Many thanks for yesterday – it was actually worth getting up in the middle […]
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SEPTEMBER 2019 | Post-Retirement Planning Course & Certification
If you want to enhance your value proposition and boost your qualifications, this course will equip you to advise, guide and help your clients, their spouses and families towards a better understanding of, and preparing themselves for, the multitude of realities and challenges of retirement.
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Batseta 2019 Interviews Derek Smorenburg
The amount of pension, provident and RA funds (about 1700) is overwhelming, and then you find out that each fund has a range of unique elements! We invited five of these funds to present to our members at a recent workshop to better understand the advice challenges that we as IFAs are facing. Independent financial […]
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Leaving a job? Don’t shun the free pension fund advice
Counselling saves money in the long run BY LAURA DU PREEZ – 13 June 2019 – 13:09 https://www.sowetanlive.co.za/business/money/2019-06-13-leaving-a-job-dont-shun-the-free-pension-fund-advice/ Life is busy. Calls and written information are easy to ignore, but time spent engaging with the information could prove invaluable in ensuring a decent pension for more than 30 years of your life in retirement. Your retirement fund is […]
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Retirement fund defaults compete for your savings
Advisers worried about RAs, preservation funds and fees 11 JUNE 2019 – 05:10 LAURA DU PREEZ https://www.businesslive.co.za/bd/life/2019-06-11-retirement-fund-defaults-compete-for-your-savings/ Regulations oblige all retirement fund trustees to choose investments that are appropriate for the members, reasonably priced and competitive. New regulations under the Pension Funds Act are forcing retirement fund trustees to choose more cost-effective investments and annuities as […]
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