Tag ArchivesPPS


New regulations will help to improve your retirement outcomes

Regular reviews of the South African financial services sector’s regulatory framework is essential to ensure the system remains resilient and problem areas are addressed. A good example of review with the intention to improve is the recently approved Retirement Funds Default Regulations. Teboho Tlooko, Principal Officer for the PPS New Generation Retirement Fund, says that […]

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The three phases of saving for retirement

By Shaun Ruiters, Executive of Business Development at PPS Investments. Life expectancy within the global context has been increasing rapidly, which enhances the growing risk of outliving your retirement savings. According to the World Economic Forum, individuals born in 2017 are expected to live to the year 2117. The obvious consequence of this is that […]

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Nazeer Hoosen

Short-term holiday leasing: Are you covered?

South Africa remains a popular tourist destination, having welcomed over 10 million visitors in 2017 alone. To capitalise, local homeowners have started to cash in on the short-term leasing trend. According to Airbnb, a leading international short-term lodging specialist, almost 400 000 guests were welcomed to South African Airbnb homes in 2017. While the need […]

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PPS allocates R3.7 billion in profits to members in 2017

PPS allocates R3.7 billion in profits to members in 2017

Built on the ethos of mutuality, PPS, a financial services company focused exclusively on graduate professionals, showed a strong performance in the 2017 financial year, allocating R3.7 billion in profits to its members. This is in addition to the R2.9 billion in total benefits paid. (more…)

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Where there’s no Will there’s little way

Guitar guru Jimi Hendrix’s death in 1970 led to 30-years’ worth of bitter court battles. Bob Marley’s estate which was valued at USD 130-million[1] was dissolved intestate, when in 1981 the reggae singer lost his battle with cancer. (more…)

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SARB rate cut offers welcome reprieve and growth prospects

 Commentary from Luigi Marinus, Portfolio Manager at PPS Investments. The South African Reserve Bank (SARB) has cut the repo rate by 25 basis points from 6.75% to 6.5% following the most recent rate cut in July 2017. The biggest contributing factors to the rate cut is the low inflation rate at 4.0% per annum as […]

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Tandisizwe Mahlutshana

Top up your retirement annuity now!

Topping up your retirement annuity before the end of the tax season has some major financial benefits and will give any taxpayer a reason to smile in 2018. (more…)

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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 […]

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