Mistakes that ruin your retirementPublished: Tue, 21 Feb 12 According to a commonly accepted statistic, around 94% of working South Africans do not save enough for their retirement. A major contributing factor to the chronic lack of savings is a lack of basic education about the need for effective retirement planning.
This is according to Gavin Came, Chairman of the ...
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Lifestyle choices determine your futurePublished: Mon, 20 Feb 12 By Cathy Lammas, Business Development Manager, Glacier by Sanlam
“Cut your coat according to your cloth,” another way of saying “live according to your means” is advice my mother repeatedly gave me during my school years. Of course growing up, my “cloth” was my pocket ...
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ENS named Premier South African Multi-disciplined law firmPublished: Mon, 20 Feb 12 ENS, Africa’s largest law firm has become the only firm in Africa to be awarded the highest accolade in the Intercontinental-Finance Magazine’s (ICFM) 2012 Continent Awards.
The ICFM awards are considered to be one of the most prestigious business honours globally, with nominations and research ...
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Update on the world’s economic headache…GreecePublished: Thu, 16 Feb 12 The world remained on the edge of its seat last week as Greek officials continued to play cat and mouse with the ‘troika’ (ECB, IMF and European Union). “Markets were eagerly awaiting the outcome of this now global issue, as it affects all investment parties in some manner or other,” says Paul ...
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2012 Budget ProjectionsPublished: Thu, 16 Feb 12 By: Tendani Mantshimuli, Consumer Economist at Liberty Retail SA
Last October Finance minister Pravin Gordhan announced the Medium Term Budget Policy Statement against the backdrop of a somewhat optimistic economic outlook. The projection for 2011 is still realistic but the 2012 growth outlook has ...
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Local fund managers view 2012 in slightly more bullish lightPublished: Wed, 15 Feb 12 Local fund managers are more bullish about the prospects for the South African equity market, driven largely by optimism for financials and resources.
This is one of the general findings of Investment Solutions’ first fund manager survey for 2012. The survey, conducted amongst 15 South African fund managers ...
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It all comes together in the BudgetPublished: Wed, 15 Feb 12
Jac Laubscher
Group Economist
Sanlam
Since Government started releasing the Medium Term Budget Policy Statement (MTBPS) in the
fourth quarter every year in the run-up to the next budget, the February Budget event has lost ...
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Focus on European default risk only, at your peril!Published: Thu, 09 Feb 12 The Eurozone itself and countries within the Eurozone, given the daily litany of difficulties, have received most of the international media’s attention almost to the exclusion of other countries around the world. Undoubtedly the current financial crisis in Europe has and will continue to cause palpitations ...
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2012 kicks off with a bang!Published: Wed, 08 Feb 12 With the dawning of the new year, various forecasts of market professionals on what the investment world has to offer for 2012 began to appear. “On the back of mainly the European debt crisis, most of the expectations were for rather benign returns from equity markets,” says Luigi Marinus, head of research ...
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Big Banks shift away from residential investment property loansPublished: Wed, 08 Feb 12 The impact of the recession on the value of residential developments and new stringent legislation in the banking sector have resulted in it becoming almost impossible for South African property owners to secure a loan from the major banks where the security for the loan is residential investment property such as ...
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A loss Consumers can ill affordPublished: Mon, 06 Feb 12 The FSB regularly provides an update on the number of licences which were suspended or withdrawn and those whose status was reinstated after withdrawal or suspension. The table below provides details of such reports released over the last 13 months.
FSP update on:
Suspended
Suspension ...
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No good news for wealthy tax avoiders in 2012Published: Mon, 06 Feb 12 With few changes to tax brackets expected in the 2012/13 Budget, SARS will increase its focus on non-compliant taxpayers, especially high-net-worth individuals.
“We expect Treasury to make it very clear that it will target wealthy individuals who are not tax compliant in a bid to increase tax collections,” ...
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Registration has opened for The Insurance Conference 2012Published: Thu, 02 Feb 12 Registration has opened for The Insurance Conference 2012 which will be held at Sun City, from 10 - 13 June 2012 and an early bird discount is available for early bookings until 9 March 2012, so get registered now.
The Annual Insurance Conference provides a forum for all sectors of the insurance industry to ...
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Money market unit trust category no longer king in terms of sizePublished: Wed, 01 Feb 12 The local Collective Investment Schemes (CIS) industry grew its total assets under management by R69-billion to R996-billion in 2011, narrowly missing the R1-trillion mark.
Releasing the 2011 Domestic and Foreign CIS statistics at a media conference in Johannesburg today, Leon Campher, CEO of the Association ...
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Invest in advice for financial peace of mindPublished: Wed, 01 Feb 12 A solid long-term financial plan drawn up by a trusted adviser is the best investment you can make this year, according to Peter Dempsey, deputy CEO of the Association for Savings and Investment South Africa (ASISA). ...
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