Investors initially responded positively to the details in the government’s Budget, particularly the decision to tap into the central bank reserves to alleviate budgetary pressure. But sentiment soon turned negative, sending the rand to R19.24 a dollar after it firmed to R18.83 in the immediate wake of the Budget speech.
With South African elections taking place in late May and half […]
“An investment in knowledge pays the best interest.” (Benjamin Franklin)
Investing in your children’s education is one of the great non-negotiables as it provides the foundation for a bright future. As always, however, there’s more than one way to skin this cat.
Should you opt for a tax-free savings account or an endowment fund? And do you need an education protector? Let […]
During 2019, before Covid turned the world upside down, FinCommunications head Linda Graham travelled extensively to speak to 13 of South Africa’s top financial planners.
The interviews were for a book project commissioned by a leading financial planner in Johannesburg. Her goal was to highlight the extraordinary personal and business journeys that each of these inspiring individuals had undertaken, thereby inspiring […]
What is Regulation 28
The management of retirement funds is highly regulated – as it should be. After all, these are your life savings we’re talking about! The key piece of legislation governing how retirement funds can be invested is called Regulation 28 of the Pension Funds Act. It limits the amounts that can be invested in the various asset classes […]
