The 2021 mid-year population estimates, released by Statistics South Africa, estimate that around 91 000 South Africans have left the country during 2016-2020. The question begs, is a retirement savings investment still worthwhile when emigration remains a potential future option for your clients? The concept of retirement Looking at the concept of retirement, as soon as an individual starts earning …
What you need to know when claiming a car allowance
By Wilri Engelbrecht
DIY Investing and the value of financial advice
Do-it-yourself (DIY) investing in South Africa has surged in popularity – especially over the last 12 months. Cost-effective online trading and investment platforms, like EasyEquities, is one of the key-drivers behind this trend. According to the interim results published by Purple Group, the owner of EasyEquities, platform assets grew to R26.9 billion – a year-on-year increase of 70.3%. EasyEquities now …
Not so equal distribution
Andrew Bradley, CEO, Fiscal Private Client Services The Tokyo 2020ne Olympics has come and gone. It will always be remembered as the pandemic games. Much has been said about whether it should have gone ahead at all. One fact is without question – there have been many dynamics that have had a huge impact on performances. What was startling was …
The True Cost of Financing a Car Purchase – Opportunity Cost
Gavin van Dyk, CFP and Director at www.Fiscal.co.za In a recent article in TopAuto, “How much you need to earn to drive an “average” new car in South Africa”, it was stated that the average price of a new car financed through Wesbank in January 2021 was R358 390. An important key to financial success is to manage your lifestyle costs and …
5 practical questions to ask about debt
It is not difficult to understand how one gets into debt. What’s more difficult is knowing when and how to get out, financial planners warn. “We have such easy access to credit cards, retail accounts for furniture, clothing, appliances; and regular offers to apply for small loans. “Have you noticed that you qualify for a loan without having applied for …
Lifestyle-orientated planning and client-centricity go hand in hand
BY: GAVIN VAN DYK Client centricity, developed through dialogue rather than through number crunching, has been a major theme in financial planning recently, and builds a case for a lifestyle-orientated approach. This begins when a client first contacts a financial planner and for most, this is at the time of their retirement. Typically, the leading question they will ask is whether …
Fiscal Private Client Services’ Andrew Bradley on what smart money is buying
Lately finding value for investors has been a difficult task for even the most astute financial planners. Andrew Bradley, co-owner of Fiscal Private Client Services, a wealth management company based in Cape Town, says the fundamentals of investing remain critical. CNBC Africa Kopano Gumbi caught up with him for more on reimagining investing, including broadening the property market in Botswana. …