South African law states that a credit provider should conduct a detailed financial assessment of their potential consumer/s prior to entering into a credit agreement. If the preceding dealings between the consumer and credit provider are not handled in accordance to the laws set out by the National Credit Act 34 of 2005, the client could fall victim of Reckless Lending.
Having had worked her whole life, Denise was excited about finally closing a big chapter of her life, and looked forward to her retirement in five years’ time. She looked forward to sleeping late and having more time to visit her friends.
During an article published in May 2014, Forbes Magazine asked the question, “Where are all the women financial planners?”
Reflecting on the number of Financial Planning Conferences which I attend, I can best describe the financial planning industry as pale, male and old. Typically, the only women present at these conferences are often the waitresses. In this male-dominated industry, there has been very little transformation across gender roles, and even less so across cultural lines.
Someone once asked me what my least favourite job was as an entrepreneur…
Recently, I had advertised a job listing for an accountant to join our team at Northwood Financial Services cc. Through the advert, I’d asked the job applicants to include a number of attachments along with the CV and cover letter. Of the prerequisites and attachments received, I’d conducted an analysis of the first ten Graduates who had applied: