Savings & Investments

Explore the Category

How much does a millennial need to save to retire with R6million in today's terms?

13 February 2017

Providing for a secure and pleasant retirement is no mean feat. Today’s Millennials, who are at the start of their careers, should begin investing now.

Tax free savings accounts – when are they appropriate?

31 January 2017

It is often said that there are no right or wrong investments but rather appropriate and inappropriate investments. Much has been written about Tax Free Savings and Investment Accounts (TFSA) and there was considerable excitement when these vehicles were first launched. While they do offer novel benefits, as with any other investment vehicle, they are designed for a specific purpose and should not be viewed as a one-size-fits-all solution.

Changing jobs? remember to preserve your savings

14 November 2016

Millennials are renowned for job hopping. The 2016 Deloitte Millennial survey found that over 75% of South African millennials will switch jobs within the next five years and the 2016 Jobvite Job Seeker Nation Study found that 42% of millennials expect to change jobs at least every one to three years. Whether job hopping is considered beneficial or detrimental to one’s career prospects is debatable, but what is not debatable is the importance of preserving retirement savings when changing jobs.

Savings and investment basics

27 October 2016

It’s never too late to start taking steps to secure your financial future. And while everyone is different, and our saving and investment behaviours are likely to depict this, Floris Slabbert, National Operations Executive at Ecsponent Financial Services believes starting with a few saving and investing basics should set you on the right track.

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