Immediate access to retirement funds unlikely

Retirement reform paper calls for comment but no move on immediate access. Retirement fund members hoping to access their retirement funds for urgent financial relief will be disappointed by the retirement reform paper issued by National Treasury last month. In the...

The 2022 survival budget

As if the last two years were not tough enough, there is no silver lining awaiting us in 2022. In 2021 we absorbed further fuel-price increases, a 15% hike in electricity costs, and an interest-rate increase of 25 basis points – and this is only the start. It is...

Savvy ways to use your bonus

Many companies are cash strapped due to the impact of Covid-19, but if you are one of the lucky few who got a bonus or windfall this year, it will be tempting to spend it to celebrate surviving another tough year. However, money experts recommend being a bit cautious,...

Options if medical schemes are unaffordable

Medical schemes remain unaffordable for many working South Africans. According to Gary Allen, chief executive at Sanlam Health, an individual should not be spending more than 10% of their income on health cover. Considering that a basic hospital plan can set you back...

How the GEPF manages members’ money

The GEPF's investment mandate has consistently delivered above-inflation returns, outperforming its benchmark over five years and resulting in a financially sound fund. South Africa is one of the few countries where the state pension is guaranteed by government, and...

Video: Get financially fit for your next holiday

After living in lockdown for over 18 months, many of us just want to go on holiday. Like any major expense, if you plan for it, it doesn’t have to break the bank. Many tourist destinations and establishments are offering great specials, making it more affordable for...

Delivery scams on the rise

Cybersecurity researchers are urging consumers to be on the lookout for delivery scams following Black Friday and Cyber Monday, and in the lead-up to the holidays. This comes after Mimecast’s threat-hunting team detected malicious emails and spoofed web pages...

Listen: Are you in a financially abusive relationship?

Are you the victim of financial abuse or are you perhaps unwittingly the abuser? And how would you even know? In this podcast, we discuss the very sensitive topic of financial abuse: how money is often used to control people in relationships. Maya (@mayaonmoney)...

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