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VDP Applications: A Taxpayer’s Chance For A New StartPublished: Thu, 21 Mar 13 By Graeme Palmer, Senior Associate in the Commercial Department of Garlicke & Bousfield
In the Minister of Finance’s budget speech it was announced that the new permanent voluntary disclosure programme (VDP) which commenced on 1 October 2012 had already seen 700 applications from taxpayers that ... Read More » |
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Top Tips When Choosing an Independent Financial AdvisorPublished: Tue, 19 Mar 13 Let’s face it – most of us don’t have the knowledge or experience necessary to navigate the minefield of financial planning, particularly when it comes to risk insurance products such as critical illness, disability, life and income protection.
Even for the more financially savvy, it can ... Read More » |
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Listed property sector takes a breatherPublished: Mon, 18 Mar 13 By Ian Anderson, chief investment officer at Grindrod Asset Management
South Africa’s listed property sector declined by 1% during the week ending 15 March 2013. This comes on the back of a 7% plus gain so far this year.
While prices were down by more than 2%, a number of companies went ex-dividend ... Read More » |
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Shocking Cyprus bailout a major game changerPublished: Mon, 18 Mar 13 Depositors in Cypriot banks will be hit with a tax on their savings, as part of a €10 billion bailout for Cyprus from the euro zone and the IMF. The deal, announced early Saturday (16th March), marks the first time that depositors in euro-zone’s banks will lose money. Accounts with more than €100,000 ... Read More » |
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FAIS Registrar acts against non-compliancePublished: Sat, 16 Mar 13 The Registrar of Financial Services Providers has suspended the authorisation of 129 sole proprietor licenses due to the non-compliance of regulatory exam requirements.
In terms of section 10 of the Determination of Fit and Proper Requirements for Financial Services Providers, 2008 (the Determination), all ... Read More » |
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Credit Rating Services Act, (Act Number 24 of 2012)Published: Sat, 16 Mar 13 The Registrar of Credit Rating Agencies has approved the release of the Draft Rules of the Credit Ratings Services Act. The Rules have been published on the official website of the Financial Services Board (www.
The Credit Rating Services Act was adopted by Parliament and signed by The President of the Republic ... Read More » |
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Changes to UK tax residency status to hit expats in SAPublished: Thu, 14 Mar 13 Expats who spend some of the year in the UK need to reconsider the way they define their tax residency status from April, when new residency tests come into force. HM Revenue & Customs in the UK has been consulting on changes to the residency test, which currently works on the basis that if you are in the UK for ... Read More » |
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Offshore equities, property the place to be in 2013Published: Thu, 14 Mar 13 Local Equities present pockets of opportunities – but stock picking will be key, says Asset Manager
Offshore property and equities are likely to remain the most attractive asset classes for the remainder of 2013 as the economic trends of 2012, such as quantitative easing in Europe and the US, will continue ... Read More » |
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Pointers from PravinPublished: Thu, 14 Mar 13 By Nico-Louis Minnie, Head: Wealth Management Platforms, Liberty
Lessons from our Finance Minister on how to manage our finances
We can draw lessons from the national budget to apply to our own household budgets, not least of all because every year the Finance Minister walks a tightrope between income ... Read More » |
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Fixed-income instruments set to benefit from volatile marketsPublished: Thu, 14 Mar 13 The South African equity market may have hit record highs in recent months but with so much continuing uncertainty around local and global economies, fixed-income instruments are set to see significant uptake in the coming months, as investors seek a stable income and access to the markets at lower risk.
This ... Read More » |
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Appetite for offshore investment remains highPublished: Wed, 13 Mar 13 Saxo Capital Markets exceeds performance targets one year since launch
Johannesburg – Despite challenging global and local economic conditions, South Africans have demonstrated that their appetite for offshore investment remains high. One year since launch, Saxo Capital Markets has seen a significant ... Read More » |
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SA’S small corporates opting for bond issues in 2013Published: Tue, 12 Mar 13 There has been significant interest among the smaller to medium sized (R500-million to R1-billion) corporate business segment in South Africa opting to go to the bond market to raise funding since the start of 2013.
This is according to Eyal Shevel, Head: Corporate Ratings at Global Credit Ratings (GCR), who ... Read More » |
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Retracting ALSI set to deliver 18% growth in 2013Published: Tue, 12 Mar 13 Step back from record highs only a momentary blip for the JSE ALSI
After pulling back from record highs achieved in February 2013, the JSE All Share Index may well retrace a further 8% to 10% from current levels. However, the index is unlikely to retreat any further than this and the market should also advance ... Read More » |
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How to reach your 2013 goalsPublished: Tue, 12 Mar 13
Geraldine Macpherson, Senior Legal Marketing Specialist, Liberty
Financial goals can be very exciting and motivating. Aiming to be debt free, dreaming about a new car or your first home makes one feel empowered and motivated. The key ... Read More » |
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