Temper expectations for investment returns in 2014

The 2014 investment market will be difficult to navigate and investors should not expect smooth sailing as the Fed normalises its monetary policy. While equities are expected to outperform cash and bonds, investors should not expect a repeat of the 21.4% return of 2013, and should taper their expectations. Bonds are at some risk of […]

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Old Mutual’s Smoothed Funds declare highest bonus in six years

Old Mutual’s range of smooth bonus funds has continued to deliver, despite the harsh economic climate that faced South Africans in 2013 – declaring the highest bonus figures since 2007. The company declared a total bonus of 17.5% for retirement savings and 16% for non-retirement savings (net of investment fund charges and tax) on its […]

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Reduction in lifetime allowance prompts UK expats to move pension overseas

The decision by UK finance minister George Osborne to reduce the Lifetime Allowance (LTA) from £1.5m to £1.25m from 6th April is prompting a growing number of the estimated 4.7 million British expatriates to move their pensions out of the UK, reveals one of the world’s largest independent financial advisory organisations. deVere Group, which has […]

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The cost advantages of low cost index tracking funds over active managers

By Mike Brown, Managing Director, etfSA.co.za Warren Buffett, the world’s most famous investor, made the following observation in his letter to Berkshire Hathaway shareholders in February this year. In his instruction to the Trustee of the Warren Buffett estate, he has the following advice: “Put 10% of the cash in short-term Government bonds and 90% […]

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The importance of nominating and independent executor when drafting your will

Your last will and testament may well be the most important document you ever draft and sign. It sets out how the assets you accumulated during your lifetime should be distributed when you die, giving financial peace of mind to the loved ones you leave behind. Few people realise, however, how important it is to […]

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Tips for insuring your bicycle

Cyclists encouraged to consider insurance for reassurance The bicycle trend has hit our shores with an increasing number of South Africans taking up the hobby and purchasing bicycles fit for their lifestyle. Whether it be for environmental reasons, saving petrol when commuting to work, to simply have fun or to compete in sport races, thousands […]

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Seven financial mistakes for young professionals to avoid

Upon entering the workplace, many young professionals are faced with the challenge of being responsible for their own financial affairs but have little knowledge on where to start and often make decisions that place their long term financial stability at risk. This is according to John Marsden, National Sales Director at PPS, the financial services […]

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Altrisk supports the Cancer Association of South Africa

Every year 14 million people worldwide hear the words: “You have cancer”. In South Africa, more than 100 000 people are diagnosed each year, and besides the emotional toll of coping with the disease, it also brings with it exceptional financial challenges. This is one of the reasons why Altrisk is donating R70 300 to […]

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Why a weak rand won’t save us

Adrian Saville, CIO of Cannon Asset Managers, explains the fallacy of relying on a weak currency There is prevailing conventional wisdom among labour and certain parts of government and industry who believe that a weak rand will reverse South Africa’s sagging industrial competitiveness, thereby lifting economic growth and redress our unemployment problem. But since 2011 […]

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Time in the market will help Joe Average earn high net worth ‘stripes’

Forget the Camps Bay apartment, private plane and supercar – today’s rich are more at home bidding for art, wildlife or wine estates. In September 2013 South African billionaire Johann Rupert was part of a consortium that bought a Cape Buffalo bull for a record R40 million. A few months later an Irma Stern painting […]

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