Recently Allan Gray sent out a notice that they were looking to change some aspects of their equity fund, however, the actual implementation of these changes essentially boils down to whether their investors vote in favour of the new mandate or against it. So what are some of the most important changes made to the fund? Continue reading
The end of year holidays are always something to look forward to as individuals are afforded some much-deserved time to kick back and relax with their families. However, the holiday season is also undeniably a double-edged sword, and not only because of the time you’re forced to spend with in-laws!
For most members of the human species, the end of year holiday often represents a financial black hole as strict budgets and all sense of frugality fly out the window in exchange for gifting, bubbly champagne and tender turkey. If this holiday overspend rings a bell – fear not, as bouncing back from a holiday indulgence is in fact very possible through the implementation of some key steps!! Continue reading
Investing in a retirement annuity fund is not only a fantastic way to ensure your own long term financial future but can also, ultimately, save you money today through the various tax benefits it affords.
On the 28 February of 2015, the deadline for submitting your retirement annuity form in order to get tax benefits passes. This means that, even if you have contributed to your retirement annuity fund, you will be ineligible for the tax benefits available if you do not meet the deadline. Continue reading