The thing our businesses do every day that ruins our reputations (and what to do about it)
Articles | Practice Management

The thing our businesses do every day that ruins our reputations (and what to do about it)

Working with, and having contact with, many financial advisers and their practices each week, I started noticing an alarming trend. Then I started noticing the exact same trend with businesses in completely unrelated industries as well. I became very aware of this and the impact it has on my perception of these businesses and even…

Buying a retirement annuity only to save tax is not a great idea
Articles | Personal Income Tax | Retirement Planning

Buying a retirement annuity only to save tax is not a great idea

Buy a retirement annuity to save tax! Retirement annuities are a great way to neutralise tax! Save tax now, buy a retirement annuity.  Save tax by investing into a retirement annuity before 28 February.  Your last chance to save tax before 28 February. I lost count of the number of times I read this everywhere…

How disastrous is the impact of the new VAT rate on a client’s investment?
Articles | Estate Planning & Administration | Financial Planning | General | Investment Planning | Personal Income Tax | Retirement Planning

How disastrous is the impact of the new VAT rate on a client’s investment?

Much is being said about the new VAT rate of 15% that will become effective on 1 April 2018 in South Africa. Yes, we are talking about billions of Rands that it will raise, and as a consequence, leave consumers a little poorer, but I was keen to see the impact it will have specifically…

What happens when a policy funding a Buy and Sell Agreement does not pay out?
Articles | Business Assurance

What happens when a policy funding a Buy and Sell Agreement does not pay out?

Have you ever considered this scenario? A well-structured buy and sell arrangement, policies in place, valuations in place… and then, a shareholder passes away, and the claim is repudiated. I never considered this, until I was asked a question: “What happens if a shareholder commits suicide?”. I wanted to answer immediately, but then I paused…

Articles | Systems

Is your Financial Planning Technology getting it right?

Have you ever asked yourself this question? Have you ever investigated the philosophy and approach followed by the planning software you use in your practice? Do you fully believe in the system and the numbers? Are you using your system of choice merely for compliance (to have something on file) or do you increase the…

Articles | Reviews

Discovery Financial Planning Summit 2017 | Was it worth it?

Francois attended the Discovery Financial Planning Summit 2017 on Monday 29 May 2017.  He recorded a video, reviewing his experience of the event. Speakers on the day at the Discovery Financial Planning Summit 2017: Adrian Gore – CEO Discovery Isabelle Mateos Y Lago – Chief Multi Asset Strategist – Blackrock Moshe Tamir – Global Head of Digital…