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The thing our businesses do every day that ruins our reputations (and what to do about it)

Working with, and having contact with, many financial advisers and their practices each week, I started noticing an alarming trend. Then I started noticing the exact same trend with businesses in completely unrelated industries as well. I became very aware of this and the impact it has on my perception of these businesses and even … Full article…

Buying a retirement annuity only to save tax is the worst idea ever

Buy a retirement annuity to save tax! Retirement annuities are a great way to neutralise tax! Save tax now, buy a retirement annuity.  Save tax by investing into a retirement annuity before 28 February.  Your last chance to save tax before 28 February. I lost count of the number of times I read this everywhere … Full article…

How disastrous is the impact of the new VAT rate on a client’s investment?

Much is being said about the new VAT rate of 15% that will become effective on 1 April 2018 in South Africa. Yes, we are talking about billions of Rands that it will raise, and as a consequence, leave consumers a little poorer, but I was keen to see the impact it will have specifically … Full article…

What happens when a policy funding a Buy and Sell Agreement does not pay out?

Have you ever considered this scenario? A well-structured buy and sell arrangement, policies in place, valuations in place… and then, a shareholder passes away, and the claim is repudiated. I never considered this, until I was asked a question: “What happens if a shareholder commits suicide?”. I wanted to answer immediately, but then I paused … Full article…

Discovery Financial Planning Summit 2017 | Was it worth it?

Francois attended the Discovery Financial Planning Summit 2017 on Monday 29 May 2017.  He recorded a video, reviewing his experience of the event. Speakers on the day at the Discovery Financial Planning Summit 2017: Adrian Gore – CEO Discovery Isabelle Mateos Y Lago – Chief Multi Asset Strategist – Blackrock Moshe Tamir – Global Head of Digital … Full article…