Pension fund values can experience declines due to various factors, impacting the financial well-being of retirees and future pensioners. Economic downturns, such as recessions or financial crises, can significantly affect the performance of pension funds. During...
In 2023, South African households faced many financial challenges, over and above the challenges of load shedding and water shortages. Reflecting on the year here are three huge battles we had to face. Inflation Inflation rates jumped to nearly 6%, marking a...
Cancelling a retirement annuity not only impacts the future financial stability but also carries significant tax consequences due to the deductible nature of contributions. An annuity serves as a crucial vehicle for retirement savings with tax advantages on...
As the festive season approaches, it’s easy to get caught up in the whirlwind of celebrations and overspend. However, with a bit of planning and self-discipline, you can enjoy the festivities without breaking the bank. Here are six practical financial tips to avoid...
The steep rise in the cost of living and the high rates of interest have made it difficult for many to buy property. A recent trend has been found in co-buying with friends and family making entering the property market more attainable. There are some distinct...