According to Morningstar global research, passive (or index-based) funds in the US matched active funds in assets under management at the end of 2023. This emphasises the monumental rise in this investment approach and comparative market share which has...
South Africa vs global trend Not all trends are worth following, but the passive investment one may well be worth taking note of. In the investment market in South Africa we have seen slow uptake of passive investments. However it should be noted that we have, in the...
In the world of investing, the adverse impact of high fees on long-term returns is well documented. Just as compound returns work their magic to create wealth over time, compounded high fees have a stunting effect on growth in the long term. This understanding is...
With both the Pension Funds Amendment Bill and the Revenue Laws Amendment Bill having been passed by the National Treasury, the President must sign the bills into law. However, a few steps remain in finalising the implementation of the Two Component system,...
Everybody loves tax – not! Unfortunately, in South Africa taxation is unavoidable and very high. It is also very complicated. The two-pot system has introduced a new way to tax our retirement funds. Any withdrawal from your savings pots will be based on...
If your employees belong to a retirement fund, you can take some important steps right now to avoid dissatisfaction and a deluge of complaints. The National Treasury is anticipating a R5 billion revenue windfall from taxing two-pot withdrawals in the next...
With the expected advent of the two-pot retirement system in September 2024, South Africa stands on the brink of a significant overhaul in retirement savings. Yet, a recent Old Mutual survey reveals a concerning trend: half of the independent financial...
The implementation of the two-pot retirement system edges nearer as the NCOP passed the Pension Funds Amendment Bill on 25 April 2024, incorporating alterations that resolve certain inconsistencies and bringing it one step closer to fruition on September 1st...
Africa takes the lead in global female entrepreneurship, with women constituting 58% of self-employment across the continent, as reported by the OECD and World Economic Forum. Ironically, this ranking coexists with significant gender based funding disparities....
Imagine a South Africa where income inequality has diminished, unemployment rates have dropped and poverty levels have decreased considerably. More South African businesses have allocated capital strategically and the ripple effect has extended to job seekers,...
