Savings & Investments

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Make sure divorce doesn't cost your savings

22 November 2018

Going through a divorce can be extremely tough emotionally, but it can take a huge toll on your finances as well, says Allan Gray's Mlulami Nxele.

How employers can protect vulnerable employees’ retirement savings

05 November 2018

Given the volatile nature of local markets in recent years, smooth bonus funds have increased in popularity among cash-strapped South Africans seeking a more stable ride to retirement. This most likely shows that South Africans, especially those who are most vulnerable, are opting for all the protection from market volatility that they can get.

Bump up your savings with a tax-free investment

11 September 2018

Have you taken the plunge and started your own business, but sacrificed some (if not all) of your savings to do it? Mthobisi Mthimkhulu suggests using a tax-free investment to boost your savings and preserve your tax benefits.

Will you outlive your savings?

28 August 2018

Since the middle of the last century, life expectancy has increased rapidly. Studies by the United Nations (UN) and World Health Organisation (WHO) have found that, every 10 years, the average person’s lifespan has increased by three years. This means most people need to save enough money to cover their expenses until the age of 85. And by the time a person turns 85, they will need enough savings to survive until the age of 105.

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

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