Tag Archivesfinancial planning

splendid-christmas-gifts-489054

Avoid common financial mistakes during the festive season

Have you accumulated so much debt during the course of the year that you avoid phone calls from private numbers to dodge one of the many creditors coming after you during the festive season? Burying your head in the sand is definitely not a solution and will not make your debt disappear. (more…)

Read full story
Nico Coetzee, Executive- PPS Financial Planning

Stick to your financial plan this festive season

By Nico Coetzee, Executive: PPS Financial Planning. According to the latest statistics from the National Credit Regulator, collective consumer debt is currently more than R1.69-trillion. With South Africans facing an even tougher economic situation this festive season, it is critical that everyone makes a concerted effort to avoid falling even further into debt by sticking […]

Read full story
trust

Demystifying Trusts

By Theunis Ehlers, Citadel Fiduciary Partner. We are often asked about trusts, what their purpose is and how they function. A trust is essentially a contract between the Founder and the Trustees who undertake to manage the trust assets for the benefit of the beneficiaries. (more…)

Read full story
Eunice Sibiya, Head of Consumer Education at FNB

Financial planning as a single parent

Education, groceries, clothes and entertainment are some of the costs that parents must provide for their children. However, for some single parents the weight of expenses can be immense because they only have one income. (more…)

Read full story
financialadviser

What customers want… Why trust is the cornerstone of financial planning

Regulators and financial planning professionals agree – financial sector regulation must promote access and inclusivity; ensure positive financial outcomes for consumers; and promote trust in advice, the financial planning profession and financial products. This is the message from a panel debate on regulatory change, held on the first day of the 2017 FPI Professionals Convention […]

Read full story
Eric Enslin

Tips for managing a new inheritance

Becoming a wealthy individual overnight can be overwhelming and challenging for heirs who are not adequately prepared for the transition. Eric Enslin, CEO of FNB Private Wealth and RMB Private Bank, says a majority of high-net worth individuals and families are advised well in advance to prepare heirs for their inheritance, but circumstances often do not allow everyone […]

Read full story
Paul Bosman, Fund manager, PSG Asset Management

Avoiding value traps when investing

When investing for the long run, it’s important to find undervalued securities that have enough potential to earn long-term capital returns. But there’s one inherent danger: the risk of investing in a company that is cheap for good reason – a ‘value trap’. (more…)

Read full story
Riaan Strydom

Five steps to put spring back into your finances

By Riaan Strydom, Financial Adviser, PSG Wealth, Mill Park, Port Elizabeth September ushers in spring and often represents a time for spring cleaning, in anticipation of a fresh start. Why not assess your financial plan as part of your spring cleaning efforts? Below are five steps to take. (more…)

Read full story