Explore the Category

New proposed trust legislation: Hit or miss?

30 August 2016 | Estates & Wills

A considerable amount of discussion has occurred in the tax sector following the proposed amendments to the trust legislation - put forth in the draft Taxation Laws Amendment Bill (“TLAB”). Upon closer scrutiny of the proposed amendments, it seems as if the legislation has missed the goals set by the Davis Tax Committee’s Report on Estate Duty (“Davis tax report”). Most notably, the goal to close the wealth gap in South Africa.

Genetics and longevity: a potential threat or opportunity?

29 August 2016 | Life Underwriting

People are living much longer than they were two or three decades ago as technology, medicines, healthcare and lifestyles in general, improve. At the recent Momentum Risk Summit, held at Sun City, Mark van der Watt, Chief Executive Officer at Life Insurance Solutions, Momentum, emphasised that longevity is a global phenomenon and also a worldwide trend.

Despite challenges SA’s single moms can still achieve financial freedom

10 August 2016 | General

The phrase (when) you strike a woman, you strike a rock has become symbolic of the pivotal role South African women play in our communities. In line with National Women’s Day, the expression aptly describes the moment in history when 20 000 South African women marched together against inequality. Exactly 60 years later, the metaphorical rock that forms the foundation of many South African families is facing a different, but equally concerning challenge of accessing financial freedom.

Women and wealth planning - A goal without a plan is just a wish

10 August 2016 | General

A structured wealth and fiduciary plan that caters for your specific needs will guide you to make the right financial decisions to benefit you and your family in the long run. It should not only deal with financial considerations, but also take into account legal principles and tax consequences.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results