by sigrid@quintuswealth.co.za | Oct 17, 2014 | Features, Uncategorized
Please see the below article in the Business Day about the potential postponement of retirement fund lump sum and tax changes earmarked for 1 March 2015. The changes will likely be postponed to 2017 in order to allow Treasury to engage with the Unions. Unions hail...
by sigrid@quintuswealth.co.za | Oct 16, 2014 | Features, Uncategorized
It’s that time of the year again when we all need to review our medical aid cover. I apologise in advance if you have already received this information by email or if you are not a member of Discovery Health. Discovery Health has made no major changes to their plans...
by sigrid@quintuswealth.co.za | Sep 25, 2014 | Features, Uncategorized
There was a rumour a few weeks ago, that Government was going to take away people’s retirement savings. Fortunately it was just that, a rumour, with no truth to it. Government is, however, reforming the retirement industry and some confusion might have arisen as a...
by sigrid@quintuswealth.co.za | Sep 16, 2014 | Features, Uncategorized
Currently the price to earnings is high, on average around 20. We have Gross Domestic Product (GDP) averaging at 1.5%, a weak currency, high inflation figures and high current account deficit. Where to from here? The South African stock market is very expensive, so...
by sigrid@quintuswealth.co.za | Sep 10, 2014 | Features, Uncategorized
I have attached a very interesting article by Nazmeera Moola, Economist and Strategist from Investec Asset Management, sent out by Discovery Invest. Gross Domestic Product is only expected to achieve 1.5% this year and has been on average 1.9% since 2009....
by sigrid@quintuswealth.co.za | Aug 27, 2014 | Features, Uncategorized
Retirement looms at the end of our careers. Even though we might not want to retire, businesses force people out. South Africa is now looking at bringing down the retirement age, putting more pressure on individuals to retire. Personally it saddens me, as those who...
