Monthly Archives: February 2016

Retail Distribution Review – Prepare for advice fees

For the first time in South Africa, financial advice is set to become a billable service. Known as the Retail Distribution Review (RDR), the first phase will be implemented later this year (2016), introducing some significant changes for both consumers and financial advisors alike. As with all change, some sound preparation and a positive outlook…
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Surviving the weak Rand

South Africa’s weakened Rand is bound to have a negative rippling effect on our economy. The cost of food, electricity, water and imported goods are all set to rise. Now is as best a time as any to take secure control of your finances. Budget According to the National Credit Regulator (NCR), as at June 2015…
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Three Trends set to Shape Professional Industries

I found a great article talking about some of the major themes that are predicted to influence professional industries this year. A big part of running a successful business is staying up-to-date with current trends that are affecting the marketplace. Here are three trends that are set to be prevalent this year: Trust as the…
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Retirement tax reform

Also known as The Commutation of Benefits, there are some big changes coming for retirement and provident fund holders. Essentially, these all relate to how the money is drawn (commuted) or re-invested. After being delayed by a year, the Taxation Laws Amendment Act is being put into place on 1 March 2016 (‘T-day’). The legislation changes…
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Are you an employer?

Many of my clients run their own businesses, employing staff and looking for ways to grow their business. In this busy way of life, it’s easy to overlook or lose track of changes in the legislative systems that affect employers. Here are some important legislative changes will be affecting all employers and retirement fund members…
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