FA News (2020) compiled an article of views on trends and what to expect in the year 2020. According to Viresh Maharaj, Chief Executive of Corporate Sales & Marketing at Sanlam, the key trends that will shape our future, specifically 2020, include: 1. The rapid consolidation of standalone funds into umbrella funds. Standalone retirement...
Tag: financial advice
Tame your finances to regain control of your money
Credit, in conjunction with bad spending habits, often leave many South Africans living from payday to payday. However, it is never too late to take control of your finances and free yourself from bad spending habits. Recent surveys conducted by Debt Rescue, indicate that 85% of South Africans need help, financially and emotionally as...
What is the best way to spend my tax refund?
Consumer profile: Khalid is a contractor and a single male in his mid-30’s. Each year, he receives a SARS refund, primarily driven by retirement annuity (RA) contributions and other items which he can claim based on his line of work. For illustrative purposes, let’s assume an annual pre-tax income of R1 Million and that,...