Tag Archivesfinancial planning

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
Yvette Harris Principal Consultant at Simeka Consultants and Actuaries1

What power do women have over finances?

On average women tend to outlive men by up to seven to ten years, according to the World Health Organisation (WHO); additionally they have longer breaks away from work due to maternity leave and generally earn 15% to 17% less than their male counterparts. All these factors impact a woman’s ability to save effectively for retirement, […]

Read full story
Mellony Ramalho

Financial planning for newlyweds

If you are getting married soon or have recently tied the knot, you will know that building your life together can be overwhelming. There are so many things to consider. “One of the most important factors to discuss and agree on is your financial health as a couple,” says African Bank’s Group Executive: Sales, Branch […]

Read full story
Marike Van Niekerk1

How third-party motor insurance works

Approximately only a third of the vehicles on the South African roads are currently insured, according to the Automobile Association of South Africa (AA). This poses a huge risk to those motor vehicle owners who only have a third-party motor insurance policy in place because there is about a 65% chance that they will not […]

Read full story
Lizl Budhram

Why value is key to success in a post-RDR world

Within the current economic and legislative environment, demonstrating value as a financial adviser has become imperative, says Lizl Budhram, Head of Advice at Old Mutual Personal Finance. The Retail Distribution Review (RDR) is expected to put adviser fees under customers’ microscopes and technological trends such as robo-advice and shifting consumer behaviour requires advisers to reinvent […]

Read full story

FSB takes action against false examination/qualification records

  The financial planning industry will have seen an increase in the number of debarments cases over the last year, the Financial Services Board (FSB) said in a statement yesterday afternoon. The main reason for this increase is that qualification and examination fraud was discovered by the Financial Planning Institute of Southern Africa (FPI) which […]

Read full story
Ian Scott of Grant Thornton recommends a neutral financial advisor for family-owned businesses

Family-owned businesses can thrive with the correct guidance

While South Africa is well known for its inherently entrepreneurial culture, too many promising family-owned businesses do not reach their potential due to a lack of objective external input and independent advice. (more…)

Read full story