Monthly Archives: August 2018

Investment Types: Discretionary Investments

With discretionary investments, the tax rules that apply are specific to you as an individual, as you are buying directly into direct shares or direct unit trust investment options. In this video, Ruark explains discretionary investments, including: Tax wrappers How discretionary investments work for your income and tax How to get there best out of…
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Investment Types: Endowment

Endowments have some good benefits about them. Such as the fact that they can reduce the tax rate within trusts or that they pay out tax-free for you. However there are conditions about endowments for individuals. Ruark presents a breakdown of endowments according to: What benefits endowments have How to benefit from endowments Who can…
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Investment Types: Tax Free Savings account

The benefits of a Tax Free Savings Account are clear by their name; there are no internal taxes. You pay zero tax at pay out. Many investors use TFSAs in conjunction with their retirement annuities to boost their retirement capital. Ruark explains what a Tax Free Savings Account is, as well as: Why it is…
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Severe illness cover

Each year, about a million people need to stop working due to an illness or a debilitating injury. Yet, according to an article published in The Times, only 10% of people have severe illness cover. A severe illness is a medical condition that prevents you from leading your normal life, and the life industry covers…
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